First Born Community Developement Center
EIN: 561787414 · Grimesland, NC · NTEE: K310
| Metric | Value |
|---|---|
| Total Revenue | $192K |
| Total Expenses | $203K |
| Net Assets | $-180 |
Is First Born Community Developement Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Born Community Developement Center
First Born Community Developement Center (EIN: 561787414) is a nonprofit organization based in Grimesland, NC, classified under NTEE code K310. The organization reported total revenue of $192K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Born Community Developement Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Born Community Developement Center is a small nonprofit that has been operating for 34 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $192K |
| Total Expenses | $203K |
| Surplus / Deficit | $-10,461 |
| Total Assets | $4K |
| Total Liabilities | $5K |
| Net Assets | $-180 |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 104.1% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2019, First Born Community Developement Center reported a deficit of $10K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 104.1% (high leverage).
Financial Trends
Over 9 years of filings (2011–2019), First Born Community Developement Center's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -25.9% | -24.0% | -67.7% |
| 2018 | -4.5% | +0.1% | -46.6% |
| 2017 | -30.1% | -32.8% | +62.1% |
| 2016 | -32.0% | -29.3% | -28.6% |
| 2015 | +30.3% | +24.6% | +121.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Born Community Developement 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 First Born Community Developement 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 104.1%.
Frequently Asked Questions about First Born Community Developement Center
Is First Born Community Developement Center a legitimate charity?
First Born Community Developement Center (EIN: 561787414) is a registered tax-exempt nonprofit based in North Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $192K. No red flags identified. Financial health grade: D.
How does First Born Community Developement Center spend its money?
First Born Community Developement Center reported $192K 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 First Born Community Developement Center tax-deductible?
First Born Community Developement Center is registered as a tax-exempt nonprofit (EIN: 561787414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Born Community Developement Center located?
First Born Community Developement Center is headquartered in Grimesland, North Carolina and files with the IRS under EIN 561787414. It is classified under NTEE code K310.
How many years of IRS 990 filings does First Born Community Developement Center have?
First Born Community Developement Center 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 $192K in total revenue.
Filing History
IRS 990 filing history for First Born Community Developement Center showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), First Born Community Developement Center's revenue has grown by 47.4%, moving from $130K to $192K. Total assets decreased by 79.2% over the same period, from $21K to $4K. Total functional expenses rose by 59.4%, from $127K to $203K. In its most recent filing year (2019), First Born Community Developement Center reported a deficit of $10K, with expenses exceeding revenue. The organization holds $5K in liabilities against $4K in assets (debt-to-asset ratio: 104.1%), resulting in net assets of $-180.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $192K | $203K | $4K | $5K | — | View 990 |
| 2018 | $259K | $267K | $13K | $3K | — | View 990 |
| 2017 | $272K | $266K | $25K | $8K | — | View 990 |
| 2016 | $389K | $396K | $16K | $4K | — | View 990 |
| 2015 | $572K | $560K | $22K | $3K | — | View 990 |
| 2014 | $439K | $450K | $10K | $3K | — | View 990 |
| 2013 | $309K | $312K | $22K | $4K | — | View 990 |
| 2012 | $263K | $255K | $30K | $9K | — | View 990 |
| 2011 | $130K | $127K | $21K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $192K, expenses of $203K, and assets of $4K (revenue -25.9% year-over-year).
- 2018: Revenue of $259K, expenses of $267K, and assets of $13K (revenue -4.5% year-over-year).
- 2017: Revenue of $272K, expenses of $266K, and assets of $25K (revenue -30.1% year-over-year).
- 2016: Revenue of $389K, expenses of $396K, and assets of $16K (revenue -32.0% year-over-year).
- 2015: Revenue of $572K, expenses of $560K, and assets of $22K (revenue +30.3% year-over-year).
- 2014: Revenue of $439K, expenses of $450K, and assets of $10K (revenue +42.3% year-over-year).
- 2013: Revenue of $309K, expenses of $312K, and assets of $22K (revenue +17.6% year-over-year).
- 2012: Revenue of $263K, expenses of $255K, and assets of $30K (revenue +101.2% year-over-year).
- 2011: Revenue of $130K, expenses of $127K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Born Community Developement Center:
Data Sources and Methodology
This transparency report for First Born Community Developement 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.