Brevard Transformational Ministry
EIN: 473474424 · Louisburg, NC
Is Brevard Transformational Ministry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brevard Transformational Ministry
Brevard Transformational Ministry (EIN: 473474424) is a nonprofit organization based in Louisburg, NC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brevard Transformational Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brevard Transformational Ministry is a small nonprofit, with 2 years of IRS 990 filings on record (2017–2018). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $395K |
| Total Expenses | $392K |
| Surplus / Deficit | +$4K |
| Total Assets | $124K |
| Total Liabilities | $291K |
| Net Assets | $-167,184 |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 235.0% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2018, Brevard Transformational Ministry reported a surplus of $4K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 235.0% (high leverage).
Financial Trends
Over 2 years of filings (2017–2018), Brevard Transformational Ministry's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +5.0% | -5.5% | -16.5% |
AI Analysis Pending
AI enrichment for Brevard Transformational Ministry 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 Brevard Transformational Ministry 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 235.0%.
Frequently Asked Questions about Brevard Transformational Ministry
Is Brevard Transformational Ministry a legitimate charity?
Based on AI analysis of IRS 990 filings, Brevard Transformational Ministry (EIN: 473474424) insufficient data. 0 red flags identified, 0 strengths noted.
How does Brevard Transformational Ministry spend its money?
Detailed spending breakdown data is not yet available for Brevard Transformational Ministry. Check back for updated IRS 990 analysis.
Are donations to Brevard Transformational Ministry tax-deductible?
Brevard Transformational Ministry is registered as a tax-exempt nonprofit (EIN: 473474424). 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 Brevard Transformational Ministry showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2017–2018), Brevard Transformational Ministry's revenue has grown by 5%, moving from $377K to $395K. Total assets decreased by 16.5% over the same period, from $148K to $124K. Total functional expenses fell by 5.5%, from $414K to $392K. In its most recent filing year (2018), Brevard Transformational Ministry reported a surplus of $4K, with revenue exceeding expenses. The organization holds $291K in liabilities against $124K in assets (debt-to-asset ratio: 235.0%), resulting in net assets of $-167,184.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $395K | $392K | $124K | $291K | — | View 990 |
| 2017 | $377K | $414K | $148K | $312K | — | View 990 |
Data Sources and Methodology
This transparency report for Brevard Transformational Ministry 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.