Biblical Concepts Group Home
EIN: 263053313 · Gallatin, TN · NTEE: L40
| Metric | Value |
|---|---|
| Total Revenue | $170K |
| Total Expenses | $233K |
| Net Assets | $-668,105 |
Is Biblical Concepts Group Home Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Biblical Concepts Group Home
Biblical Concepts Group Home (EIN: 263053313) is a nonprofit organization based in Gallatin, TN, classified under NTEE code L40. The organization reported total revenue of $170K and total assets of $310K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Biblical Concepts Group Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Biblical Concepts Group Home is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $145K |
| Total Expenses | $233K |
| Surplus / Deficit | $-88,324 |
| Total Assets | $391K |
| Total Liabilities | $1.1M |
| Net Assets | $-668,105 |
| Operating Margin | -60.8% |
| Debt-to-Asset Ratio | 270.8% |
| Months of Reserves | 20.1 months |
Financial Health Grade: C
In 2023, Biblical Concepts Group Home reported a deficit of $88K with expenses exceeding revenue, holds 20.1 months of operating reserves (strong position), has a debt-to-asset ratio of 270.8% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Biblical Concepts Group Home's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -83.4% | -79.2% | -10.7% |
| 2022 | -22.0% | -6.0% | -38.4% |
| 2021 | +59.7% | +40.1% | +46.4% |
| 2020 | -1.5% | +5.8% | +80.2% |
| 2019 | -14.6% | -23.8% | -21.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Biblical Concepts Group Home has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Biblical Concepts Group Home with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 270.8%.
Frequently Asked Questions about Biblical Concepts Group Home
Is Biblical Concepts Group Home a legitimate charity?
Biblical Concepts Group Home (EIN: 263053313) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $170K. No red flags identified. Financial health grade: C.
How does Biblical Concepts Group Home spend its money?
Biblical Concepts Group Home reported $170K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Biblical Concepts Group Home tax-deductible?
Biblical Concepts Group Home is registered as a tax-exempt nonprofit (EIN: 263053313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Biblical Concepts Group Home located?
Biblical Concepts Group Home is headquartered in Gallatin, Tennessee and files with the IRS under EIN 263053313. It is classified under NTEE code L40.
How many years of IRS 990 filings does Biblical Concepts Group Home have?
Biblical Concepts Group Home has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $170K in total revenue.
Filing History
IRS 990 filing history for Biblical Concepts Group Home showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Biblical Concepts Group Home's revenue has declined by 52.3%, moving from $304K to $145K. Total assets increased by 3668.3% over the same period, from $10K to $391K. Total functional expenses fell by 21.9%, from $299K to $233K. In its most recent filing year (2023), Biblical Concepts Group Home reported a deficit of $88K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $391K in assets (debt-to-asset ratio: 270.8%), resulting in net assets of $-668,105.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $233K | $391K | $1.1M | — | — |
| 2022 | $873K | $1.1M | $438K | $1.0M | — | View 990 |
| 2021 | $1.1M | $1.2M | $711K | $1.0M | — | View 990 |
| 2020 | $700K | $851K | $486K | $744K | — | View 990 |
| 2019 | $711K | $805K | $270K | $377K | — | View 990 |
| 2018 | $832K | $1.1M | $345K | $359K | — | View 990 |
| 2016 | $1.6M | $1.6M | $94K | $211K | — | View 990 |
| 2015 | $724K | $746K | $43K | $134K | — | View 990 |
| 2014 | $473K | $499K | $20K | $89K | — | View 990 |
| 2013 | $341K | $389K | $24K | $67K | — | View 990 |
| 2012 | $324K | $325K | $19K | $13K | — | View 990 |
| 2011 | $304K | $299K | $10K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $145K, expenses of $233K, and assets of $391K (revenue -83.4% year-over-year).
- 2022: Revenue of $873K, expenses of $1.1M, and assets of $438K (revenue -22.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $711K (revenue +59.7% year-over-year).
- 2020: Revenue of $700K, expenses of $851K, and assets of $486K (revenue -1.5% year-over-year).
- 2019: Revenue of $711K, expenses of $805K, and assets of $270K (revenue -14.6% year-over-year).
- 2018: Revenue of $832K, expenses of $1.1M, and assets of $345K (revenue -46.5% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.6M, and assets of $94K (revenue +114.7% year-over-year).
- 2015: Revenue of $724K, expenses of $746K, and assets of $43K (revenue +53.3% year-over-year).
- 2014: Revenue of $473K, expenses of $499K, and assets of $20K (revenue +38.6% year-over-year).
- 2013: Revenue of $341K, expenses of $389K, and assets of $24K (revenue +5.2% year-over-year).
- 2012: Revenue of $324K, expenses of $325K, and assets of $19K (revenue +6.5% year-over-year).
- 2011: Revenue of $304K, expenses of $299K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Biblical Concepts Group Home:
Data Sources and Methodology
This transparency report for Biblical Concepts Group Home is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.