Blue Ridge Chapel Inc
EIN: 521275608 · Rocky Mount, VA
Is Blue Ridge Chapel Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blue Ridge Chapel Inc
Blue Ridge Chapel Inc (EIN: 521275608) is a nonprofit organization based in Rocky Mount, VA. The organization reported total revenue of $805K and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Ridge Chapel Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Ridge Chapel Inc is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $896K |
| Surplus / Deficit | +$969K |
| Total Assets | $4.5M |
| Total Liabilities | $352K |
| Net Assets | $4.2M |
| Operating Margin | 52.0% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 60.6 months |
Financial Health Grade: A
In 2023, Blue Ridge Chapel Inc reported a surplus of $969K with revenue exceeding expenses, holds 60.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Blue Ridge Chapel Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +122.5% | +19.8% | +28.2% |
| 2022 | -7.1% | +15.8% | +1.7% |
| 2021 | +50.9% | +20.1% | +6.8% |
| 2020 | -5.4% | -8.2% | +0.8% |
| 2019 | -43.1% | -39.9% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Blue Ridge Chapel 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 Blue Ridge Chapel 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $969K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.8%.
Frequently Asked Questions about Blue Ridge Chapel Inc
Is Blue Ridge Chapel Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Ridge Chapel Inc (EIN: 521275608) insufficient data. 0 red flags identified, 0 strengths noted.
How does Blue Ridge Chapel Inc spend its money?
Detailed spending breakdown data is not yet available for Blue Ridge Chapel Inc. Check back for updated IRS 990 analysis.
Are donations to Blue Ridge Chapel Inc tax-deductible?
Blue Ridge Chapel Inc is registered as a tax-exempt nonprofit (EIN: 521275608). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Blue Ridge Chapel Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Blue Ridge Chapel Inc's revenue has grown by 220.5%, moving from $582K to $1.9M. Total assets increased by 11.3% over the same period, from $4.1M to $4.5M. Total functional expenses rose by 68.2%, from $533K to $896K. In its most recent filing year (2023), Blue Ridge Chapel Inc reported a surplus of $969K, with revenue exceeding expenses. The organization holds $352K in liabilities against $4.5M in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $896K | $4.5M | $352K | — | — |
| 2022 | $838K | $747K | $3.5M | $326K | — | — |
| 2021 | $902K | $645K | $3.5M | $359K | — | View 990 |
| 2020 | $598K | $537K | $3.2M | $393K | — | View 990 |
| 2019 | $632K | $586K | $3.2M | $482K | — | View 990 |
| 2018 | $1.1M | $975K | $3.3M | $534K | — | View 990 |
| 2017 | $886K | $694K | $4.9M | $582K | — | View 990 |
| 2016 | $610K | $632K | $5.8M | $572K | — | View 990 |
| 2015 | $681K | $588K | $4.1M | $381K | — | View 990 |
| 2014 | $566K | $510K | $4.0M | $377K | — | View 990 |
| 2013 | $581K | $532K | $4.0M | $434K | — | View 990 |
| 2012 | $558K | $542K | $4.0M | $463K | — | View 990 |
| 2011 | $582K | $533K | $4.1M | $482K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $896K, and assets of $4.5M (revenue +122.5% year-over-year).
- 2022: Revenue of $838K, expenses of $747K, and assets of $3.5M (revenue -7.1% year-over-year).
- 2021: Revenue of $902K, expenses of $645K, and assets of $3.5M (revenue +50.9% year-over-year).
- 2020: Revenue of $598K, expenses of $537K, and assets of $3.2M (revenue -5.4% year-over-year).
- 2019: Revenue of $632K, expenses of $586K, and assets of $3.2M (revenue -43.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $975K, and assets of $3.3M (revenue +25.4% year-over-year).
- 2017: Revenue of $886K, expenses of $694K, and assets of $4.9M (revenue +45.1% year-over-year).
- 2016: Revenue of $610K, expenses of $632K, and assets of $5.8M (revenue -10.3% year-over-year).
- 2015: Revenue of $681K, expenses of $588K, and assets of $4.1M (revenue +20.3% year-over-year).
- 2014: Revenue of $566K, expenses of $510K, and assets of $4.0M (revenue -2.7% year-over-year).
- 2013: Revenue of $581K, expenses of $532K, and assets of $4.0M (revenue +4.1% year-over-year).
- 2012: Revenue of $558K, expenses of $542K, and assets of $4.0M (revenue -4.0% year-over-year).
- 2011: Revenue of $582K, expenses of $533K, and assets of $4.1M.
Data Sources and Methodology
This transparency report for Blue Ridge Chapel 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.