Emmanuel Senior Enrichment Center Inc
EIN: 561481064 · High Point, NC · NTEE: P71
| Metric | Value |
|---|---|
| Total Revenue | $479K |
| Total Expenses | $562K |
| Net Assets | $-23,687 |
Is Emmanuel Senior Enrichment Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Emmanuel Senior Enrichment Center Inc
Emmanuel Senior Enrichment Center Inc (EIN: 561481064) is a nonprofit organization based in High Point, NC, classified under NTEE code P71. The organization reported total revenue of $479K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emmanuel Senior Enrichment Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emmanuel Senior Enrichment Center Inc is a small nonprofit that has been operating for 2 years, with 12 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $479K |
| Total Expenses | $562K |
| Surplus / Deficit | $-82,685 |
| Total Assets | $20K |
| Total Liabilities | $43K |
| Net Assets | $-23,687 |
| Operating Margin | -17.3% |
| Debt-to-Asset Ratio | 220.4% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2022, Emmanuel Senior Enrichment Center Inc reported a deficit of $83K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 220.4% (high leverage).
Financial Trends
Over 12 years of filings (2010–2022), Emmanuel Senior Enrichment Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +17.2% | +99.5% | -90.0% |
| 2020 | +18.9% | -10.0% | +183.4% |
| 2019 | +20.7% | +10.1% | +80.1% |
| 2018 | +0.8% | +6.2% | +2.0% |
| 2017 | +16.2% | +24.9% | -16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Emmanuel Senior Enrichment Center 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 Emmanuel Senior Enrichment Center 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $83K, with expenses exceeding revenue.
- Debt-to-asset ratio: 220.4%.
Frequently Asked Questions about Emmanuel Senior Enrichment Center Inc
Is Emmanuel Senior Enrichment Center Inc a legitimate charity?
Emmanuel Senior Enrichment Center Inc (EIN: 561481064) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $479K. No red flags identified. Financial health grade: D.
How does Emmanuel Senior Enrichment Center Inc spend its money?
Emmanuel Senior Enrichment Center Inc reported $479K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Emmanuel Senior Enrichment Center Inc tax-deductible?
Emmanuel Senior Enrichment Center Inc is registered as a tax-exempt nonprofit (EIN: 561481064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Emmanuel Senior Enrichment Center Inc located?
Emmanuel Senior Enrichment Center Inc is headquartered in High Point, North Carolina and files with the IRS under EIN 561481064. It is classified under NTEE code P71.
How many years of IRS 990 filings does Emmanuel Senior Enrichment Center Inc have?
Emmanuel Senior Enrichment Center Inc has 12 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 $479K in total revenue.
Filing History
IRS 990 filing history for Emmanuel Senior Enrichment Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2022), Emmanuel Senior Enrichment Center Inc's revenue has grown by 153.7%, moving from $189K to $479K. Total assets increased by 2.6% over the same period, from $19K to $20K. Total functional expenses rose by 215.9%, from $178K to $562K. In its most recent filing year (2022), Emmanuel Senior Enrichment Center Inc reported a deficit of $83K, with expenses exceeding revenue. The organization holds $43K in liabilities against $20K in assets (debt-to-asset ratio: 220.4%), resulting in net assets of $-23,687.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $479K | $562K | $20K | $43K | — | View 990 |
| 2020 | $409K | $282K | $197K | $0 | — | — |
| 2019 | $344K | $313K | $69K | $0 | — | View 990 |
| 2018 | $285K | $284K | $39K | $0 | — | View 990 |
| 2017 | $283K | $267K | $38K | $0 | — | View 990 |
| 2016 | $243K | $214K | $45K | $0 | — | View 990 |
| 2015 | $224K | $220K | $16K | $0 | — | View 990 |
| 2014 | $199K | $201K | $13K | $0 | — | View 990 |
| 2013 | $175K | $175K | $20K | $0 | — | View 990 |
| 2012 | $177K | $178K | $14K | $0 | — | View 990 |
| 2011 | $182K | $174K | $14K | $0 | — | View 990 |
| 2010 | $189K | $178K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $479K, expenses of $562K, and assets of $20K (revenue +17.2% year-over-year).
- 2020: Revenue of $409K, expenses of $282K, and assets of $197K (revenue +18.9% year-over-year).
- 2019: Revenue of $344K, expenses of $313K, and assets of $69K (revenue +20.7% year-over-year).
- 2018: Revenue of $285K, expenses of $284K, and assets of $39K (revenue +0.8% year-over-year).
- 2017: Revenue of $283K, expenses of $267K, and assets of $38K (revenue +16.2% year-over-year).
- 2016: Revenue of $243K, expenses of $214K, and assets of $45K (revenue +8.6% year-over-year).
- 2015: Revenue of $224K, expenses of $220K, and assets of $16K (revenue +12.3% year-over-year).
- 2014: Revenue of $199K, expenses of $201K, and assets of $13K (revenue +13.9% year-over-year).
- 2013: Revenue of $175K, expenses of $175K, and assets of $20K (revenue -1.2% year-over-year).
- 2012: Revenue of $177K, expenses of $178K, and assets of $14K (revenue -2.6% year-over-year).
- 2011: Revenue of $182K, expenses of $174K, and assets of $14K (revenue -3.6% year-over-year).
- 2010: Revenue of $189K, expenses of $178K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emmanuel Senior Enrichment Center Inc:
Data Sources and Methodology
This transparency report for Emmanuel Senior Enrichment Center 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.