Company Of Believers Inc
EIN: 871693395 · Deatsville, AL · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $124K |
| Net Assets | $85K |
Is Company Of Believers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Company Of Believers Inc
Company Of Believers Inc (EIN: 871693395) is a nonprofit organization based in Deatsville, AL, classified under NTEE code X20. The organization reported total revenue of $152K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Company Of Believers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Company Of Believers Inc is a small 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 66.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $124K |
| Surplus / Deficit | +$75K |
| Total Assets | $85K |
| Net Assets | $85K |
| Operating Margin | 37.5% |
| Months of Reserves | 8.2 months |
Financial Health Grade: A
In 2023, Company Of Believers Inc reported a surplus of $75K with revenue exceeding expenses, holds 8.2 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Company Of Believers Inc's revenue has grown at a compound annual growth rate (CAGR) of 66.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.7% | -16.4% | +718.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Company Of Believers 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 Company Of Believers 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 $75K, with revenue exceeding expenses.
Frequently Asked Questions about Company Of Believers Inc
Is Company Of Believers Inc a legitimate charity?
Company Of Believers Inc (EIN: 871693395) is a registered tax-exempt nonprofit based in Alabama. It has 2 years of IRS 990 filings on record. Total revenue: $152K. No red flags identified. Financial health grade: A.
How does Company Of Believers Inc spend its money?
Company Of Believers Inc reported $152K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Company Of Believers Inc tax-deductible?
Company Of Believers Inc is registered as a tax-exempt nonprofit (EIN: 871693395). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Company Of Believers Inc located?
Company Of Believers Inc is headquartered in Deatsville, Alabama and files with the IRS under EIN 871693395. It is classified under NTEE code X20.
How many years of IRS 990 filings does Company Of Believers Inc have?
Company Of Believers 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 $152K in total revenue.
Filing History
IRS 990 filing history for Company Of Believers Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Company Of Believers Inc's revenue has grown by 66.7%, moving from $119K to $199K. Total assets increased by 718.5% over the same period, from $10K to $85K. Total functional expenses fell by 16.4%, from $149K to $124K. In its most recent filing year (2023), Company Of Believers Inc reported a surplus of $75K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $124K | $85K | $0 | — | View 990 |
| 2022 | $119K | $149K | $10K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Company Of Believers Inc:
Data Sources and Methodology
This transparency report for Company Of Believers 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.