First Baptist Foundation Of
EIN: 636050495 · Tuscaloosa, AL · NTEE: X21I
| Metric | Value |
|---|---|
| Total Revenue | $422K |
| Total Expenses | $1K |
| Net Assets | $4.7M |
Is First Baptist Foundation Of 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 Foundation Of
First Baptist Foundation Of (EIN: 636050495) is a nonprofit organization based in Tuscaloosa, AL, classified under NTEE code X21I. The organization reported total revenue of $422K and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Baptist Foundation Of's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Baptist Foundation Of is a small nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $1K |
| Surplus / Deficit | +$247K |
| Total Assets | $4.7M |
| Net Assets | $4.7M |
| Operating Margin | 99.5% |
| Months of Reserves | 46781.4 months |
Financial Health Grade: A
In 2023, First Baptist Foundation Of reported a surplus of $247K with revenue exceeding expenses, holds 46781.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), First Baptist Foundation Of's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1494.6% | +20.6% | +5.6% |
| 2022 | -95.9% | -99.0% | +0.3% |
| 2021 | +43.5% | -0.4% | +6.8% |
| 2020 | -21.0% | -76.2% | +4.1% |
| 2019 | -72.1% | +8526.9% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Baptist Foundation Of 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 Foundation Of 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 surplus of $247K, with revenue exceeding expenses.
Frequently Asked Questions about First Baptist Foundation Of
Is First Baptist Foundation Of a legitimate charity?
First Baptist Foundation Of (EIN: 636050495) is a registered tax-exempt nonprofit based in Alabama. It has 13 years of IRS 990 filings on record. Total revenue: $422K. No red flags identified. Financial health grade: A.
How does First Baptist Foundation Of spend its money?
First Baptist Foundation Of reported $422K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to First Baptist Foundation Of tax-deductible?
First Baptist Foundation Of is registered as a tax-exempt nonprofit (EIN: 636050495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Baptist Foundation Of located?
First Baptist Foundation Of is headquartered in Tuscaloosa, Alabama and files with the IRS under EIN 636050495. It is classified under NTEE code X21I.
How many years of IRS 990 filings does First Baptist Foundation Of have?
First Baptist Foundation Of 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 $422K in total revenue.
Filing History
IRS 990 filing history for First Baptist Foundation Of showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First Baptist Foundation Of's revenue has grown by 97.7%, moving from $125K to $248K. Total assets increased by 96.2% over the same period, from $2.4M to $4.7M. Total functional expenses fell by 74.9%, from $5K to $1K. In its most recent filing year (2023), First Baptist Foundation Of reported a surplus of $247K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $248K | $1K | $4.7M | $0 | — | View 990 |
| 2022 | $16K | $995 | $4.4M | $0 | — | View 990 |
| 2021 | $381K | $101K | $4.4M | $0 | — | — |
| 2020 | $265K | $101K | $4.1M | $0 | — | View 990 |
| 2019 | $336K | $425K | $4.0M | $0 | — | View 990 |
| 2018 | $1.2M | $5K | $4.1M | $0 | — | View 990 |
| 2017 | $126K | $3K | $2.9M | $0 | — | View 990 |
| 2016 | $128K | $29K | $2.7M | $0 | — | View 990 |
| 2015 | $110K | $5K | $2.6M | $0 | — | View 990 |
| 2014 | $99K | $55K | $2.5M | $0 | — | View 990 |
| 2013 | $122K | $55K | $2.5M | $0 | — | View 990 |
| 2012 | $96K | $55K | $2.4M | $0 | — | View 990 |
| 2011 | $125K | $5K | $2.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $248K, expenses of $1K, and assets of $4.7M (revenue +1494.6% year-over-year).
- 2022: Revenue of $16K, expenses of $995, and assets of $4.4M (revenue -95.9% year-over-year).
- 2021: Revenue of $381K, expenses of $101K, and assets of $4.4M (revenue +43.5% year-over-year).
- 2020: Revenue of $265K, expenses of $101K, and assets of $4.1M (revenue -21.0% year-over-year).
- 2019: Revenue of $336K, expenses of $425K, and assets of $4.0M (revenue -72.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $5K, and assets of $4.1M (revenue +855.4% year-over-year).
- 2017: Revenue of $126K, expenses of $3K, and assets of $2.9M (revenue -1.9% year-over-year).
- 2016: Revenue of $128K, expenses of $29K, and assets of $2.7M (revenue +16.1% year-over-year).
- 2015: Revenue of $110K, expenses of $5K, and assets of $2.6M (revenue +11.5% year-over-year).
- 2014: Revenue of $99K, expenses of $55K, and assets of $2.5M (revenue -18.9% year-over-year).
- 2013: Revenue of $122K, expenses of $55K, and assets of $2.5M (revenue +26.7% year-over-year).
- 2012: Revenue of $96K, expenses of $55K, and assets of $2.4M (revenue -23.1% year-over-year).
- 2011: Revenue of $125K, expenses of $5K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Baptist Foundation Of:
Data Sources and Methodology
This transparency report for First Baptist Foundation Of 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.