Faith And Liberty Discovery Center Llc
EIN: 832372645 · Philadelphia, PA · NTEE: X20
Is Faith And Liberty Discovery Center Llc 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 Liberty Discovery Center Llc
Faith And Liberty Discovery Center Llc (EIN: 832372645) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code X20. The organization reported total revenue of $3.6M and total assets of $16.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith And Liberty Discovery Center Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith And Liberty Discovery Center Llc is a mid-size nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $12.2M |
| Surplus / Deficit | $-5,193,005 |
| Total Assets | $77.9M |
| Total Liabilities | $49.5M |
| Net Assets | $28.4M |
| Operating Margin | -74.3% |
| Debt-to-Asset Ratio | 63.6% |
| Months of Reserves | 76.8 months |
Financial Health Grade: C
In 2023, Faith And Liberty Discovery Center Llc reported a deficit of $5.2M with expenses exceeding revenue, holds 76.8 months of operating reserves (strong position), has a debt-to-asset ratio of 63.6% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.4% | +10.5% | +44.5% |
| 2022 | -58.8% | +60.5% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 Liberty Discovery Center Llc 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 Liberty Discovery Center Llc 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 $5.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.6%.
Frequently Asked Questions about Faith And Liberty Discovery Center Llc
Is Faith And Liberty Discovery Center Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith And Liberty Discovery Center Llc (EIN: 832372645) insufficient data. 0 red flags identified, 0 strengths noted.
How does Faith And Liberty Discovery Center Llc spend its money?
Detailed spending breakdown data is not yet available for Faith And Liberty Discovery Center Llc. Check back for updated IRS 990 analysis.
Are donations to Faith And Liberty Discovery Center Llc tax-deductible?
Faith And Liberty Discovery Center Llc is registered as a tax-exempt nonprofit (EIN: 832372645). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Faith And Liberty Discovery Center Llc showing financial trends over 4 years of public records:
Total assets increased by 703.6% over the same period, from $9.7M to $77.9M. In its most recent filing year (2023), Faith And Liberty Discovery Center Llc reported a deficit of $5.2M, with expenses exceeding revenue. The organization holds $49.5M in liabilities against $77.9M in assets (debt-to-asset ratio: 63.6%), resulting in net assets of $28.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $12.2M | $77.9M | $49.5M | — | — |
| 2022 | $15.0M | $11.0M | $53.9M | $20.3M | — | View 990 |
| 2021 | $36.5M | $6.9M | $52.1M | $22.6M | — | View 990 |
| 2020 | $0 | $0 | $9.7M | $9.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $12.2M, and assets of $77.9M (revenue -53.4% year-over-year).
- 2022: Revenue of $15.0M, expenses of $11.0M, and assets of $53.9M (revenue -58.8% year-over-year).
- 2021: Revenue of $36.5M, expenses of $6.9M, and assets of $52.1M.
- 2020: Revenue of $0, expenses of $0, and assets of $9.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith And Liberty Discovery Center Llc:
Data Sources and Methodology
This transparency report for Faith And Liberty Discovery Center Llc 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.