Deep Creek Baptist Church Preschool
EIN: 510591026 · Chesapeake, VA · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $661K |
| Total Expenses | $856K |
| Net Assets | $401K |
Is Deep Creek Baptist Church Preschool Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Deep Creek Baptist Church Preschool
Deep Creek Baptist Church Preschool (EIN: 510591026) is a nonprofit organization based in Chesapeake, VA, classified under NTEE code B29. The organization reported total revenue of $661K and total assets of $334K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deep Creek Baptist Church Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deep Creek Baptist Church Preschool is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $734K |
| Total Expenses | $856K |
| Surplus / Deficit | $-122,269 |
| Total Assets | $402K |
| Total Liabilities | $1K |
| Net Assets | $401K |
| Operating Margin | -16.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2023, Deep Creek Baptist Church Preschool reported a deficit of $122K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Deep Creek Baptist Church Preschool's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.1% | +15.8% | -23.2% |
| 2022 | +5.2% | +6.5% | +52.1% |
| 2021 | +33.4% | -1.0% | +108.1% |
| 2020 | -18.3% | -15.7% | -22.5% |
| 2019 | +4.1% | +25.6% | -13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Deep Creek Baptist Church Preschool 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 Deep Creek Baptist Church Preschool 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 $122K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Deep Creek Baptist Church Preschool
Is Deep Creek Baptist Church Preschool a legitimate charity?
Deep Creek Baptist Church Preschool (EIN: 510591026) is a registered tax-exempt nonprofit based in Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $661K. No red flags identified. Financial health grade: B.
How does Deep Creek Baptist Church Preschool spend its money?
Deep Creek Baptist Church Preschool reported $661K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Deep Creek Baptist Church Preschool tax-deductible?
Deep Creek Baptist Church Preschool is registered as a tax-exempt nonprofit (EIN: 510591026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Deep Creek Baptist Church Preschool located?
Deep Creek Baptist Church Preschool is headquartered in Chesapeake, Virginia and files with the IRS under EIN 510591026. It is classified under NTEE code B29.
How many years of IRS 990 filings does Deep Creek Baptist Church Preschool have?
Deep Creek Baptist Church Preschool has 10 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 $661K in total revenue.
Filing History
IRS 990 filing history for Deep Creek Baptist Church Preschool showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Deep Creek Baptist Church Preschool's revenue has grown by 95.2%, moving from $376K to $734K. Total assets increased by 472% over the same period, from $70K to $402K. Total functional expenses rose by 155.8%, from $335K to $856K. In its most recent filing year (2023), Deep Creek Baptist Church Preschool reported a deficit of $122K, with expenses exceeding revenue. The organization holds $1K in liabilities against $402K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $401K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $734K | $856K | $402K | $1K | — | — |
| 2022 | $919K | $740K | $524K | $492 | — | View 990 |
| 2021 | $874K | $695K | $344K | $314 | — | View 990 |
| 2020 | $655K | $702K | $166K | $539 | — | — |
| 2019 | $802K | $832K | $214K | $2K | — | View 990 |
| 2018 | $770K | $663K | $246K | $4K | — | View 990 |
| 2017 | $648K | $582K | $134K | $38 | — | View 990 |
| 2016 | $525K | $555K | $72K | $4K | — | View 990 |
| 2015 | $458K | $427K | $99K | $1K | — | View 990 |
| 2014 | $376K | $335K | $70K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $734K, expenses of $856K, and assets of $402K (revenue -20.1% year-over-year).
- 2022: Revenue of $919K, expenses of $740K, and assets of $524K (revenue +5.2% year-over-year).
- 2021: Revenue of $874K, expenses of $695K, and assets of $344K (revenue +33.4% year-over-year).
- 2020: Revenue of $655K, expenses of $702K, and assets of $166K (revenue -18.3% year-over-year).
- 2019: Revenue of $802K, expenses of $832K, and assets of $214K (revenue +4.1% year-over-year).
- 2018: Revenue of $770K, expenses of $663K, and assets of $246K (revenue +18.9% year-over-year).
- 2017: Revenue of $648K, expenses of $582K, and assets of $134K (revenue +23.4% year-over-year).
- 2016: Revenue of $525K, expenses of $555K, and assets of $72K (revenue +14.8% year-over-year).
- 2015: Revenue of $458K, expenses of $427K, and assets of $99K (revenue +21.7% year-over-year).
- 2014: Revenue of $376K, expenses of $335K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deep Creek Baptist Church Preschool:
Data Sources and Methodology
This transparency report for Deep Creek Baptist Church Preschool 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.