Break The Cycle Foundation Built On The Cornerstone Of Christ
EIN: 455025660 · N Charleston, SC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $149K |
| Net Assets | $30K |
Is Break The Cycle Foundation Built On The Cornerstone Of Christ Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Break The Cycle Foundation Built On The Cornerstone Of Christ
Break The Cycle Foundation Built On The Cornerstone Of Christ (EIN: 455025660) is a nonprofit organization based in N Charleston, SC, classified under NTEE code P20. The organization reported total revenue of $55K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Break The Cycle Foundation Built On The Cornerstone Of Christ's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Break The Cycle Foundation Built On The Cornerstone Of Christ is a micro nonprofit that has been operating for 14 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $127K |
| Total Expenses | $149K |
| Surplus / Deficit | $-21,296 |
| Total Assets | $30K |
| Net Assets | $30K |
| Operating Margin | -16.7% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2023, Break The Cycle Foundation Built On The Cornerstone Of Christ reported a deficit of $21K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2020–2023), Break The Cycle Foundation Built On The Cornerstone Of Christ's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.2% | -43.2% | -37.7% |
| 2022 | -33.3% | -16.0% | -74.7% |
| 2021 | +236.6% | +276.8% | +1450.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Break The Cycle Foundation Built On The Cornerstone Of Christ 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 Break The Cycle Foundation Built On The Cornerstone Of Christ 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 $21K, with expenses exceeding revenue.
Frequently Asked Questions about Break The Cycle Foundation Built On The Cornerstone Of Christ
Is Break The Cycle Foundation Built On The Cornerstone Of Christ a legitimate charity?
Break The Cycle Foundation Built On The Cornerstone Of Christ (EIN: 455025660) is a registered tax-exempt nonprofit based in South Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $55K. No red flags identified. Financial health grade: C.
How does Break The Cycle Foundation Built On The Cornerstone Of Christ spend its money?
Break The Cycle Foundation Built On The Cornerstone Of Christ reported $55K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Break The Cycle Foundation Built On The Cornerstone Of Christ tax-deductible?
Break The Cycle Foundation Built On The Cornerstone Of Christ is registered as a tax-exempt nonprofit (EIN: 455025660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Break The Cycle Foundation Built On The Cornerstone Of Christ located?
Break The Cycle Foundation Built On The Cornerstone Of Christ is headquartered in N Charleston, South Carolina and files with the IRS under EIN 455025660. It is classified under NTEE code P20.
How many years of IRS 990 filings does Break The Cycle Foundation Built On The Cornerstone Of Christ have?
Break The Cycle Foundation Built On The Cornerstone Of Christ has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $55K in total revenue.
Filing History
IRS 990 filing history for Break The Cycle Foundation Built On The Cornerstone Of Christ showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Break The Cycle Foundation Built On The Cornerstone Of Christ's revenue has grown by 34.3%, moving from $95K to $127K. Total assets increased by 144.6% over the same period, from $12K to $30K. Total functional expenses rose by 79.8%, from $83K to $149K. In its most recent filing year (2023), Break The Cycle Foundation Built On The Cornerstone Of Christ reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $127K | $149K | $30K | $0 | — | View 990 |
| 2022 | $213K | $262K | $47K | $0 | — | View 990 |
| 2021 | $319K | $311K | $187K | $180K | — | — |
| 2020 | $95K | $83K | $12K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $127K, expenses of $149K, and assets of $30K (revenue -40.2% year-over-year).
- 2022: Revenue of $213K, expenses of $262K, and assets of $47K (revenue -33.3% year-over-year).
- 2021: Revenue of $319K, expenses of $311K, and assets of $187K (revenue +236.6% year-over-year).
- 2020: Revenue of $95K, expenses of $83K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Break The Cycle Foundation Built On The Cornerstone Of Christ:
Data Sources and Methodology
This transparency report for Break The Cycle Foundation Built On The Cornerstone Of Christ 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.