Faith And Grace Learning Center
EIN: 823752271 · Martinsburg, PA · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $871K |
| Total Expenses | $647K |
| Net Assets | $209K |
Is Faith And Grace Learning Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith And Grace Learning Center
Faith And Grace Learning Center (EIN: 823752271) is a nonprofit organization based in Martinsburg, PA, classified under NTEE code B20. The organization reported total revenue of $871K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith And Grace Learning Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith And Grace Learning Center is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2018–2021). Revenue has grown at a compound annual rate of 31.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $729K |
| Total Expenses | $647K |
| Surplus / Deficit | +$82K |
| Total Assets | $288K |
| Total Liabilities | $78K |
| Net Assets | $209K |
| Operating Margin | 11.2% |
| Debt-to-Asset Ratio | 27.2% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2021, Faith And Grace Learning Center reported a surplus of $82K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 27.2% (moderate leverage).
Financial Trends
Over 4 years of filings (2018–2021), Faith And Grace Learning Center's revenue has grown at a compound annual growth rate (CAGR) of 31.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +46.5% | +36.0% | +51.5% |
| 2020 | +12.8% | +7.8% | +97.2% |
| 2019 | +37.9% | +53.1% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith And Grace Learning Center 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 Faith And Grace Learning Center 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $82K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.2%.
Frequently Asked Questions about Faith And Grace Learning Center
Is Faith And Grace Learning Center a legitimate charity?
Faith And Grace Learning Center (EIN: 823752271) is a registered tax-exempt nonprofit based in Pennsylvania. It has 4 years of IRS 990 filings on record. Total revenue: $871K. No red flags identified. Financial health grade: A.
How does Faith And Grace Learning Center spend its money?
Faith And Grace Learning Center reported $871K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Faith And Grace Learning Center tax-deductible?
Faith And Grace Learning Center is registered as a tax-exempt nonprofit (EIN: 823752271). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith And Grace Learning Center located?
Faith And Grace Learning Center is headquartered in Martinsburg, Pennsylvania and files with the IRS under EIN 823752271. It is classified under NTEE code B20.
How many years of IRS 990 filings does Faith And Grace Learning Center have?
Faith And Grace Learning Center has 4 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 $871K in total revenue.
Filing History
IRS 990 filing history for Faith And Grace Learning Center showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2021), Faith And Grace Learning Center's revenue has grown by 127.7%, moving from $320K to $729K. Total assets increased by 190.8% over the same period, from $99K to $288K. Total functional expenses rose by 124.7%, from $288K to $647K. In its most recent filing year (2021), Faith And Grace Learning Center reported a surplus of $82K, with revenue exceeding expenses. The organization holds $78K in liabilities against $288K in assets (debt-to-asset ratio: 27.2%), resulting in net assets of $209K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $729K | $647K | $288K | $78K | — | — |
| 2020 | $498K | $476K | $190K | $81K | — | View 990 |
| 2019 | $441K | $441K | $96K | $9K | — | View 990 |
| 2018 | $320K | $288K | $99K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $729K, expenses of $647K, and assets of $288K (revenue +46.5% year-over-year).
- 2020: Revenue of $498K, expenses of $476K, and assets of $190K (revenue +12.8% year-over-year).
- 2019: Revenue of $441K, expenses of $441K, and assets of $96K (revenue +37.9% year-over-year).
- 2018: Revenue of $320K, expenses of $288K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith And Grace Learning Center:
Data Sources and Methodology
This transparency report for Faith And Grace Learning Center 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.