Bridal Crown Ministries Inc
EIN: 874448532 · Fisherville, KY · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $1K |
| Net Assets | $162 |
Is Bridal Crown Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bridal Crown Ministries Inc
Bridal Crown Ministries Inc (EIN: 874448532) is a nonprofit organization based in Fisherville, KY, classified under NTEE code X20. The organization reported total revenue of $5K and total assets of $446 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridal Crown Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridal Crown Ministries Inc is a micro nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -92.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $390 |
| Total Expenses | $1K |
| Surplus / Deficit | $-809 |
| Total Assets | $162 |
| Net Assets | $162 |
| Operating Margin | -207.4% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2023, Bridal Crown Ministries Inc reported a deficit of $809 with expenses exceeding revenue, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Bridal Crown Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -92.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.8% | -73.1% | -83.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bridal Crown Ministries 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 Bridal Crown Ministries 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 deficit of $809, with expenses exceeding revenue.
Frequently Asked Questions about Bridal Crown Ministries Inc
Is Bridal Crown Ministries Inc a legitimate charity?
Bridal Crown Ministries Inc (EIN: 874448532) is a registered tax-exempt nonprofit based in Kentucky. It has 2 years of IRS 990 filings on record. Total revenue: $5K. No red flags identified. Financial health grade: C.
How does Bridal Crown Ministries Inc spend its money?
Bridal Crown Ministries Inc reported $5K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bridal Crown Ministries Inc tax-deductible?
Bridal Crown Ministries Inc is registered as a tax-exempt nonprofit (EIN: 874448532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bridal Crown Ministries Inc located?
Bridal Crown Ministries Inc is headquartered in Fisherville, Kentucky and files with the IRS under EIN 874448532. It is classified under NTEE code X20.
How many years of IRS 990 filings does Bridal Crown Ministries Inc have?
Bridal Crown Ministries Inc has 2 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 $5K in total revenue.
Filing History
IRS 990 filing history for Bridal Crown Ministries Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Bridal Crown Ministries Inc's revenue has declined by 92.8%, moving from $5K to $390. Total assets decreased by 83.3% over the same period, from $971 to $162. Total functional expenses fell by 73.1%, from $4K to $1K. In its most recent filing year (2023), Bridal Crown Ministries Inc reported a deficit of $809, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $390 | $1K | $162 | $0 | — | — |
| 2022 | $5K | $4K | $971 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridal Crown Ministries Inc:
Data Sources and Methodology
This transparency report for Bridal Crown Ministries 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.