Biblical Studies Released Time Inc
EIN: 571061761 · Clover, SC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $102K |
| Net Assets | $187K |
Is Biblical Studies Released Time Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Biblical Studies Released Time Inc
Biblical Studies Released Time Inc (EIN: 571061761) is a nonprofit organization based in Clover, SC, classified under NTEE code X20. The organization reported total revenue of $103K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Biblical Studies Released Time Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Biblical Studies Released Time Inc is a small nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $102K |
| Surplus / Deficit | +$14K |
| Total Assets | $187K |
| Total Liabilities | $119 |
| Net Assets | $187K |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 22.1 months |
Financial Health Grade: A
In 2024, Biblical Studies Released Time Inc reported a surplus of $14K with revenue exceeding expenses, holds 22.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Biblical Studies Released Time Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -3.5% | +8.2% | +37.8% |
| 2023 | -1.1% | -1.7% | +23.3% |
| 2022 | +13.0% | +1.8% | +29.9% |
| 2021 | +1.8% | +13.7% | +18.1% |
| 2020 | +9.4% | -5.1% | +45.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Biblical Studies Released Time Inc 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 Studies Released Time Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Biblical Studies Released Time Inc
Is Biblical Studies Released Time Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Biblical Studies Released Time Inc (EIN: 571061761) insufficient data. 0 red flags identified, 0 strengths noted.
How does Biblical Studies Released Time Inc spend its money?
Detailed spending breakdown data is not yet available for Biblical Studies Released Time Inc. Check back for updated IRS 990 analysis.
Are donations to Biblical Studies Released Time Inc tax-deductible?
Biblical Studies Released Time Inc is registered as a tax-exempt nonprofit (EIN: 571061761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Biblical Studies Released Time Inc located?
Biblical Studies Released Time Inc is headquartered in Clover, South Carolina and files with the IRS under EIN 571061761. It is classified under NTEE code X20.
How many years of IRS 990 filings does Biblical Studies Released Time Inc have?
Biblical Studies Released Time Inc has 14 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 $103K in total revenue.
Filing History
IRS 990 filing history for Biblical Studies Released Time Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Biblical Studies Released Time Inc's revenue has grown by 53.7%, moving from $75K to $115K. Total assets increased by 227.9% over the same period, from $57K to $187K. Total functional expenses rose by 36.9%, from $74K to $102K. In its most recent filing year (2024), Biblical Studies Released Time Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $119 in liabilities against $187K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $187K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $115K | $102K | $187K | $119 | — | — |
| 2023 | $120K | $94K | $136K | $0 | — | View 990 |
| 2022 | $121K | $96K | $110K | $0 | — | View 990 |
| 2021 | $107K | $94K | $85K | $0 | — | — |
| 2020 | $105K | $83K | $72K | $44 | — | View 990 |
| 2019 | $96K | $87K | $49K | $139 | — | View 990 |
| 2018 | $99K | $96K | $40K | $147 | — | View 990 |
| 2017 | $79K | $89K | $49K | $74 | — | View 990 |
| 2016 | $81K | $75K | $59K | $72 | — | View 990 |
| 2015 | $89K | $77K | $53K | $62 | — | View 990 |
| 2014 | $78K | $83K | $40K | $0 | — | View 990 |
| 2013 | $79K | $85K | $52K | $0 | — | View 990 |
| 2012 | $86K | $81K | $61K | $0 | — | View 990 |
| 2011 | $75K | $74K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $115K, expenses of $102K, and assets of $187K (revenue -3.5% year-over-year).
- 2023: Revenue of $120K, expenses of $94K, and assets of $136K (revenue -1.1% year-over-year).
- 2022: Revenue of $121K, expenses of $96K, and assets of $110K (revenue +13.0% year-over-year).
- 2021: Revenue of $107K, expenses of $94K, and assets of $85K (revenue +1.8% year-over-year).
- 2020: Revenue of $105K, expenses of $83K, and assets of $72K (revenue +9.4% year-over-year).
- 2019: Revenue of $96K, expenses of $87K, and assets of $49K (revenue -3.0% year-over-year).
- 2018: Revenue of $99K, expenses of $96K, and assets of $40K (revenue +25.7% year-over-year).
- 2017: Revenue of $79K, expenses of $89K, and assets of $49K (revenue -3.2% year-over-year).
- 2016: Revenue of $81K, expenses of $75K, and assets of $59K (revenue -8.8% year-over-year).
- 2015: Revenue of $89K, expenses of $77K, and assets of $53K (revenue +13.9% year-over-year).
- 2014: Revenue of $78K, expenses of $83K, and assets of $40K (revenue -1.1% year-over-year).
- 2013: Revenue of $79K, expenses of $85K, and assets of $52K (revenue -7.3% year-over-year).
- 2012: Revenue of $86K, expenses of $81K, and assets of $61K (revenue +13.9% year-over-year).
- 2011: Revenue of $75K, expenses of $74K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Biblical Studies Released Time Inc:
Data Sources and Methodology
This transparency report for Biblical Studies Released Time Inc 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.