Faith Memorial Church
EIN: 383957951 · Cleveland, TN · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $337K |
| Total Expenses | $216K |
| Net Assets | $90K |
Is Faith Memorial Church Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith Memorial Church
Faith Memorial Church (EIN: 383957951) is a nonprofit organization based in Cleveland, TN, classified under NTEE code X21. The organization reported total revenue of $337K and total assets of $187K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Memorial Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Memorial Church is a small nonprofit that has been operating for 9 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $216K |
| Surplus / Deficit | $-16,315 |
| Total Assets | $90K |
| Net Assets | $90K |
| Operating Margin | -8.2% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2023, Faith Memorial Church reported a deficit of $16K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2015–2023), Faith Memorial Church's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.6% | -18.5% | -15.3% |
| 2022 | -15.4% | +19.0% | -27.4% |
| 2021 | +32.6% | +28.2% | +55.2% |
| 2020 | +24.2% | +9.9% | +63.0% |
| 2019 | +0.6% | -0.4% | +15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith Memorial Church 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 Memorial Church 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 $16K, with expenses exceeding revenue.
Frequently Asked Questions about Faith Memorial Church
Is Faith Memorial Church a legitimate charity?
Faith Memorial Church (EIN: 383957951) is a registered tax-exempt nonprofit based in Tennessee. It has 9 years of IRS 990 filings on record. Total revenue: $337K. No red flags identified. Financial health grade: B.
How does Faith Memorial Church spend its money?
Faith Memorial Church reported $337K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Faith Memorial Church tax-deductible?
Faith Memorial Church is registered as a tax-exempt nonprofit (EIN: 383957951). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith Memorial Church located?
Faith Memorial Church is headquartered in Cleveland, Tennessee and files with the IRS under EIN 383957951. It is classified under NTEE code X21.
How many years of IRS 990 filings does Faith Memorial Church have?
Faith Memorial Church has 9 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 $337K in total revenue.
Filing History
IRS 990 filing history for Faith Memorial Church showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Faith Memorial Church's revenue has grown by 64.7%, moving from $121K to $200K. Total assets increased by 106% over the same period, from $44K to $90K. Total functional expenses rose by 53.5%, from $141K to $216K. In its most recent filing year (2023), Faith Memorial Church reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $216K | $90K | $0 | — | — |
| 2022 | $232K | $266K | $106K | $0 | — | View 990 |
| 2021 | $274K | $223K | $147K | $6K | — | View 990 |
| 2020 | $207K | $174K | $95K | $4K | — | — |
| 2019 | $166K | $158K | $58K | $0 | — | View 990 |
| 2018 | $165K | $159K | $50K | $0 | — | View 990 |
| 2017 | $159K | $142K | $45K | $0 | — | View 990 |
| 2016 | $123K | $139K | $28K | $0 | — | View 990 |
| 2015 | $121K | $141K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $216K, and assets of $90K (revenue -13.6% year-over-year).
- 2022: Revenue of $232K, expenses of $266K, and assets of $106K (revenue -15.4% year-over-year).
- 2021: Revenue of $274K, expenses of $223K, and assets of $147K (revenue +32.6% year-over-year).
- 2020: Revenue of $207K, expenses of $174K, and assets of $95K (revenue +24.2% year-over-year).
- 2019: Revenue of $166K, expenses of $158K, and assets of $58K (revenue +0.6% year-over-year).
- 2018: Revenue of $165K, expenses of $159K, and assets of $50K (revenue +3.9% year-over-year).
- 2017: Revenue of $159K, expenses of $142K, and assets of $45K (revenue +29.9% year-over-year).
- 2016: Revenue of $123K, expenses of $139K, and assets of $28K (revenue +0.9% year-over-year).
- 2015: Revenue of $121K, expenses of $141K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Memorial Church:
Data Sources and Methodology
This transparency report for Faith Memorial Church 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.