First Baptist And Manley Estates Inc
EIN: 562149352 · Chapel Hill, NC · NTEE: P75
| Metric | Value |
|---|---|
| Total Revenue | $414K |
| Total Expenses | $413K |
| Net Assets | $-1,547,833 |
Is First Baptist And Manley Estates Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Baptist And Manley Estates Inc
First Baptist And Manley Estates Inc (EIN: 562149352) is a nonprofit organization based in Chapel Hill, NC, classified under NTEE code P75. The organization reported total revenue of $414K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Baptist And Manley Estates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Baptist And Manley Estates Inc is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $285K |
| Total Expenses | $413K |
| Surplus / Deficit | $-128,386 |
| Total Assets | $1.9M |
| Total Liabilities | $3.4M |
| Net Assets | $-1,547,833 |
| Operating Margin | -45.0% |
| Debt-to-Asset Ratio | 182.7% |
| Months of Reserves | 54.3 months |
Financial Health Grade: C
In 2023, First Baptist And Manley Estates Inc reported a deficit of $128K with expenses exceeding revenue, holds 54.3 months of operating reserves (strong position), has a debt-to-asset ratio of 182.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), First Baptist And Manley Estates Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | +6.1% | -6.7% |
| 2022 | +4.5% | +14.6% | -4.9% |
| 2021 | +0.4% | -0.1% | -3.1% |
| 2020 | +3.8% | +1.3% | -3.6% |
| 2019 | +2.2% | +4.9% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Baptist And Manley Estates 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 First Baptist And Manley Estates 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $128K, with expenses exceeding revenue.
- Debt-to-asset ratio: 182.7%.
Frequently Asked Questions about First Baptist And Manley Estates Inc
Is First Baptist And Manley Estates Inc a legitimate charity?
First Baptist And Manley Estates Inc (EIN: 562149352) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $414K. No red flags identified. Financial health grade: C.
How does First Baptist And Manley Estates Inc spend its money?
First Baptist And Manley Estates Inc reported $414K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to First Baptist And Manley Estates Inc tax-deductible?
First Baptist And Manley Estates Inc is registered as a tax-exempt nonprofit (EIN: 562149352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Baptist And Manley Estates Inc located?
First Baptist And Manley Estates Inc is headquartered in Chapel Hill, North Carolina and files with the IRS under EIN 562149352. It is classified under NTEE code P75.
How many years of IRS 990 filings does First Baptist And Manley Estates Inc have?
First Baptist And Manley Estates Inc has 13 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 $414K in total revenue.
Filing History
IRS 990 filing history for First Baptist And Manley Estates Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First Baptist And Manley Estates Inc's revenue has grown by 54.6%, moving from $184K to $285K. Total assets decreased by 33.6% over the same period, from $2.8M to $1.9M. Total functional expenses rose by 54%, from $268K to $413K. In its most recent filing year (2023), First Baptist And Manley Estates Inc reported a deficit of $128K, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $1.9M in assets (debt-to-asset ratio: 182.7%), resulting in net assets of $-1,547,833.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $285K | $413K | $1.9M | $3.4M | — | — |
| 2022 | $276K | $390K | $2.0M | $3.4M | — | — |
| 2021 | $264K | $340K | $2.1M | $3.4M | — | View 990 |
| 2020 | $263K | $340K | $2.2M | $3.4M | — | — |
| 2019 | $254K | $336K | $2.3M | $3.4M | — | View 990 |
| 2018 | $248K | $320K | $2.3M | $3.4M | — | View 990 |
| 2017 | $244K | $311K | $2.4M | $3.4M | — | View 990 |
| 2016 | $235K | $296K | $2.5M | $3.4M | — | View 990 |
| 2015 | $230K | $304K | $2.5M | $3.4M | — | View 990 |
| 2014 | $215K | $288K | $2.6M | $3.4M | — | View 990 |
| 2013 | $214K | $284K | $2.7M | $3.4M | — | View 990 |
| 2012 | $201K | $272K | $2.8M | $3.4M | — | View 990 |
| 2011 | $184K | $268K | $2.8M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $285K, expenses of $413K, and assets of $1.9M (revenue +3.2% year-over-year).
- 2022: Revenue of $276K, expenses of $390K, and assets of $2.0M (revenue +4.5% year-over-year).
- 2021: Revenue of $264K, expenses of $340K, and assets of $2.1M (revenue +0.4% year-over-year).
- 2020: Revenue of $263K, expenses of $340K, and assets of $2.2M (revenue +3.8% year-over-year).
- 2019: Revenue of $254K, expenses of $336K, and assets of $2.3M (revenue +2.2% year-over-year).
- 2018: Revenue of $248K, expenses of $320K, and assets of $2.3M (revenue +1.7% year-over-year).
- 2017: Revenue of $244K, expenses of $311K, and assets of $2.4M (revenue +3.9% year-over-year).
- 2016: Revenue of $235K, expenses of $296K, and assets of $2.5M (revenue +2.0% year-over-year).
- 2015: Revenue of $230K, expenses of $304K, and assets of $2.5M (revenue +6.9% year-over-year).
- 2014: Revenue of $215K, expenses of $288K, and assets of $2.6M (revenue +0.8% year-over-year).
- 2013: Revenue of $214K, expenses of $284K, and assets of $2.7M (revenue +6.1% year-over-year).
- 2012: Revenue of $201K, expenses of $272K, and assets of $2.8M (revenue +9.3% year-over-year).
- 2011: Revenue of $184K, expenses of $268K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Baptist And Manley Estates Inc:
Data Sources and Methodology
This transparency report for First Baptist And Manley Estates 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.