Christian Education Legacy Fund
EIN: 861009951 · Phoenix, AZ · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.8M |
| Net Assets | $12.5M |
Is Christian Education Legacy Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Christian Education Legacy Fund
Christian Education Legacy Fund (EIN: 861009951) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code B11. The organization reported total revenue of $1.8M and total assets of $19.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christian Education Legacy Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christian Education Legacy Fund is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-654,347 |
| Total Assets | $14.4M |
| Total Liabilities | $1.9M |
| Net Assets | $12.5M |
| Operating Margin | -30.7% |
| Debt-to-Asset Ratio | 13.1% |
| Months of Reserves | 62.1 months |
Financial Health Grade: B
In 2023, Christian Education Legacy Fund reported a deficit of $654K with expenses exceeding revenue, holds 62.1 months of operating reserves (strong position), has a debt-to-asset ratio of 13.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Christian Education Legacy Fund's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.4% | +34.8% | -1.8% |
| 2022 | +834.6% | +90.2% | +41.6% |
| 2021 | -10.3% | -5.7% | -2.9% |
| 2020 | -89.6% | +9.6% | -4.7% |
| 2019 | +765.0% | +37.1% | +75.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Christian Education Legacy Fund 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 Christian Education Legacy Fund 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 $654K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.1%.
Frequently Asked Questions about Christian Education Legacy Fund
Is Christian Education Legacy Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Christian Education Legacy Fund (EIN: 861009951) insufficient data. 0 red flags identified, 0 strengths noted.
How does Christian Education Legacy Fund spend its money?
Detailed spending breakdown data is not yet available for Christian Education Legacy Fund. Check back for updated IRS 990 analysis.
Are donations to Christian Education Legacy Fund tax-deductible?
Christian Education Legacy Fund is registered as a tax-exempt nonprofit (EIN: 861009951). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Christian Education Legacy Fund located?
Christian Education Legacy Fund is headquartered in Phoenix, Arizona and files with the IRS under EIN 861009951. It is classified under NTEE code B11.
How many years of IRS 990 filings does Christian Education Legacy Fund have?
Christian Education Legacy Fund has 13 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Christian Education Legacy Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Christian Education Legacy Fund's revenue has grown by 250.1%, moving from $609K to $2.1M. Total assets increased by 875.1% over the same period, from $1.5M to $14.4M. Total functional expenses rose by 367.1%, from $596K to $2.8M. In its most recent filing year (2023), Christian Education Legacy Fund reported a deficit of $654K, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $14.4M in assets (debt-to-asset ratio: 13.1%), resulting in net assets of $12.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.8M | $14.4M | $1.9M | — | View 990 |
| 2022 | $5.1M | $2.1M | $14.7M | $1.7M | — | View 990 |
| 2021 | $548K | $1.1M | $10.4M | $100K | — | View 990 |
| 2020 | $611K | $1.2M | $10.7M | $100K | — | — |
| 2019 | $5.9M | $1.1M | $11.2M | $100K | — | View 990 |
| 2018 | $678K | $766K | $6.4M | $100K | — | View 990 |
| 2017 | $515K | $773K | $6.4M | $101K | — | View 990 |
| 2016 | $517K | $902K | $11.5M | $105K | — | View 990 |
| 2015 | $587K | $1.5M | $12.0M | $108K | — | View 990 |
| 2014 | $685K | $510K | $1.5M | $20K | — | View 990 |
| 2013 | $551K | $508K | $1.3M | $45K | — | View 990 |
| 2012 | $574K | $831K | $1.5M | $313K | — | View 990 |
| 2011 | $609K | $596K | $1.5M | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.8M, and assets of $14.4M (revenue -58.4% year-over-year).
- 2022: Revenue of $5.1M, expenses of $2.1M, and assets of $14.7M (revenue +834.6% year-over-year).
- 2021: Revenue of $548K, expenses of $1.1M, and assets of $10.4M (revenue -10.3% year-over-year).
- 2020: Revenue of $611K, expenses of $1.2M, and assets of $10.7M (revenue -89.6% year-over-year).
- 2019: Revenue of $5.9M, expenses of $1.1M, and assets of $11.2M (revenue +765.0% year-over-year).
- 2018: Revenue of $678K, expenses of $766K, and assets of $6.4M (revenue +31.6% year-over-year).
- 2017: Revenue of $515K, expenses of $773K, and assets of $6.4M (revenue -0.3% year-over-year).
- 2016: Revenue of $517K, expenses of $902K, and assets of $11.5M (revenue -11.9% year-over-year).
- 2015: Revenue of $587K, expenses of $1.5M, and assets of $12.0M (revenue -14.3% year-over-year).
- 2014: Revenue of $685K, expenses of $510K, and assets of $1.5M (revenue +24.3% year-over-year).
- 2013: Revenue of $551K, expenses of $508K, and assets of $1.3M (revenue -4.0% year-over-year).
- 2012: Revenue of $574K, expenses of $831K, and assets of $1.5M (revenue -5.8% year-over-year).
- 2011: Revenue of $609K, expenses of $596K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christian Education Legacy Fund:
Data Sources and Methodology
This transparency report for Christian Education Legacy Fund 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.