First Haitian Free Church Of Nazarene By Faith Inc
EIN: 592960955 · Orlando, FL · NTEE: X21Z
| Metric | Value |
|---|---|
| Total Revenue | $706K |
| Total Expenses | $626K |
| Net Assets | $3.0M |
Is First Haitian Free Church Of Nazarene By Faith 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 Haitian Free Church Of Nazarene By Faith Inc
First Haitian Free Church Of Nazarene By Faith Inc (EIN: 592960955) is a nonprofit organization based in Orlando, FL, classified under NTEE code X21Z. The organization reported total revenue of $706K and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Haitian Free Church Of Nazarene By Faith Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Haitian Free Church Of Nazarene By Faith Inc is a small nonprofit that has been operating for 29 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $706K |
| Total Expenses | $626K |
| Surplus / Deficit | +$80K |
| Total Assets | $4.3M |
| Total Liabilities | $1.4M |
| Net Assets | $3.0M |
| Operating Margin | 11.3% |
| Debt-to-Asset Ratio | 31.8% |
| Months of Reserves | 83.1 months |
Financial Health Grade: A
In 2023, First Haitian Free Church Of Nazarene By Faith Inc reported a surplus of $80K with revenue exceeding expenses, holds 83.1 months of operating reserves (strong position), has a debt-to-asset ratio of 31.8% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), First Haitian Free Church Of Nazarene By Faith Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | +16.9% | -14.7% |
| 2022 | +15.0% | +14.9% | — |
| 2021 | +0.2% | +2.7% | -100.0% |
| 2020 | +1.1% | +4.2% | -1.5% |
| 2019 | +4.7% | +20.6% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Haitian Free Church Of Nazarene By Faith 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 Haitian Free Church Of Nazarene By Faith 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 surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.8%.
Frequently Asked Questions about First Haitian Free Church Of Nazarene By Faith Inc
Is First Haitian Free Church Of Nazarene By Faith Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, First Haitian Free Church Of Nazarene By Faith Inc (EIN: 592960955) insufficient data. 0 red flags identified, 0 strengths noted.
How does First Haitian Free Church Of Nazarene By Faith Inc spend its money?
Detailed spending breakdown data is not yet available for First Haitian Free Church Of Nazarene By Faith Inc. Check back for updated IRS 990 analysis.
Are donations to First Haitian Free Church Of Nazarene By Faith Inc tax-deductible?
First Haitian Free Church Of Nazarene By Faith Inc is registered as a tax-exempt nonprofit (EIN: 592960955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Haitian Free Church Of Nazarene By Faith Inc located?
First Haitian Free Church Of Nazarene By Faith Inc is headquartered in Orlando, Florida and files with the IRS under EIN 592960955. It is classified under NTEE code X21Z.
How many years of IRS 990 filings does First Haitian Free Church Of Nazarene By Faith Inc have?
First Haitian Free Church Of Nazarene By Faith Inc has 11 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 $706K in total revenue.
Filing History
IRS 990 filing history for First Haitian Free Church Of Nazarene By Faith Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), First Haitian Free Church Of Nazarene By Faith Inc's revenue has grown by 35.3%, moving from $522K to $706K. Total assets increased by 0.1% over the same period, from $4.3M to $4.3M. Total functional expenses rose by 149.7%, from $251K to $626K. In its most recent filing year (2023), First Haitian Free Church Of Nazarene By Faith Inc reported a surplus of $80K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $4.3M in assets (debt-to-asset ratio: 31.8%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $706K | $626K | $4.3M | $1.4M | — | — |
| 2022 | $745K | $536K | $5.1M | $643K | — | View 990 |
| 2021 | $648K | $466K | $0 | $0 | — | View 990 |
| 2020 | $646K | $454K | $5.0M | $1.6M | — | View 990 |
| 2019 | $639K | $436K | $5.1M | $1.8M | — | View 990 |
| 2018 | $611K | $361K | $4.5M | $1.1M | — | View 990 |
| 2017 | $517K | $342K | $4.1M | $1.2M | — | View 990 |
| 2016 | $528K | $454K | $4.8M | $1.3M | — | View 990 |
| 2015 | $558K | $455K | $4.0M | $1.3M | — | View 990 |
| 2014 | $496K | $224K | $4.5M | $1.3M | — | View 990 |
| 2013 | $522K | $251K | $4.3M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $706K, expenses of $626K, and assets of $4.3M (revenue -5.2% year-over-year).
- 2022: Revenue of $745K, expenses of $536K, and assets of $5.1M (revenue +15.0% year-over-year).
- 2021: Revenue of $648K, expenses of $466K, and assets of $0 (revenue +0.2% year-over-year).
- 2020: Revenue of $646K, expenses of $454K, and assets of $5.0M (revenue +1.1% year-over-year).
- 2019: Revenue of $639K, expenses of $436K, and assets of $5.1M (revenue +4.7% year-over-year).
- 2018: Revenue of $611K, expenses of $361K, and assets of $4.5M (revenue +18.2% year-over-year).
- 2017: Revenue of $517K, expenses of $342K, and assets of $4.1M (revenue -2.2% year-over-year).
- 2016: Revenue of $528K, expenses of $454K, and assets of $4.8M (revenue -5.4% year-over-year).
- 2015: Revenue of $558K, expenses of $455K, and assets of $4.0M (revenue +12.4% year-over-year).
- 2014: Revenue of $496K, expenses of $224K, and assets of $4.5M (revenue -4.9% year-over-year).
- 2013: Revenue of $522K, expenses of $251K, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Haitian Free Church Of Nazarene By Faith Inc:
Data Sources and Methodology
This transparency report for First Haitian Free Church Of Nazarene By Faith 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.