First United Methodist Church Of Hot Spings Child Development
EIN: 300372019 · Hot Springs, AR · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $754K |
| Total Expenses | $661K |
| Net Assets | $784K |
Is First United Methodist Church Of Hot Spings Child Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First United Methodist Church Of Hot Spings Child Development
First United Methodist Church Of Hot Spings Child Development (EIN: 300372019) is a nonprofit organization based in Hot Springs, AR, classified under NTEE code B21. The organization reported total revenue of $754K and total assets of $862K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First United Methodist Church Of Hot Spings Child Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First United Methodist Church Of Hot Spings Child Development is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $732K |
| Total Expenses | $661K |
| Surplus / Deficit | +$71K |
| Total Assets | $808K |
| Total Liabilities | $23K |
| Net Assets | $784K |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 14.7 months |
Financial Health Grade: A
In 2023, First United Methodist Church Of Hot Spings Child Development reported a surplus of $71K with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), First United Methodist Church Of Hot Spings Child Development's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.2% | +0.7% | +9.1% |
| 2022 | +28.2% | +11.5% | +127.4% |
| 2021 | +163.4% | +45.6% | +308.4% |
| 2020 | -44.9% | -23.2% | -56.6% |
| 2019 | +12.4% | +11.6% | +38.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First United Methodist Church Of Hot Spings Child Development 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 United Methodist Church Of Hot Spings Child Development 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 $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about First United Methodist Church Of Hot Spings Child Development
Is First United Methodist Church Of Hot Spings Child Development a legitimate charity?
Based on AI analysis of IRS 990 filings, First United Methodist Church Of Hot Spings Child Development (EIN: 300372019) insufficient data. 0 red flags identified, 0 strengths noted.
How does First United Methodist Church Of Hot Spings Child Development spend its money?
Detailed spending breakdown data is not yet available for First United Methodist Church Of Hot Spings Child Development. Check back for updated IRS 990 analysis.
Are donations to First United Methodist Church Of Hot Spings Child Development tax-deductible?
First United Methodist Church Of Hot Spings Child Development is registered as a tax-exempt nonprofit (EIN: 300372019). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First United Methodist Church Of Hot Spings Child Development located?
First United Methodist Church Of Hot Spings Child Development is headquartered in Hot Springs, Arkansas and files with the IRS under EIN 300372019. It is classified under NTEE code B21.
How many years of IRS 990 filings does First United Methodist Church Of Hot Spings Child Development have?
First United Methodist Church Of Hot Spings Child Development has 8 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 $754K in total revenue.
Filing History
IRS 990 filing history for First United Methodist Church Of Hot Spings Child Development showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), First United Methodist Church Of Hot Spings Child Development's revenue has grown by 35.9%, moving from $539K to $732K. Total assets increased by 919.4% over the same period, from $79K to $808K. Total functional expenses rose by 63.1%, from $405K to $661K. In its most recent filing year (2023), First United Methodist Church Of Hot Spings Child Development reported a surplus of $71K, with revenue exceeding expenses. The organization holds $23K in liabilities against $808K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $784K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $732K | $661K | $808K | $23K | — | — |
| 2022 | $1.1M | $657K | $741K | $28K | — | View 990 |
| 2021 | $830K | $589K | $326K | $21K | — | View 990 |
| 2020 | $315K | $405K | $80K | $16K | — | View 990 |
| 2019 | $572K | $527K | $184K | $31K | — | View 990 |
| 2018 | $509K | $472K | $133K | $24K | — | View 990 |
| 2017 | $622K | $466K | $94K | $893 | — | View 990 |
| 2016 | $539K | $405K | $79K | $735 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $732K, expenses of $661K, and assets of $808K (revenue -31.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $657K, and assets of $741K (revenue +28.2% year-over-year).
- 2021: Revenue of $830K, expenses of $589K, and assets of $326K (revenue +163.4% year-over-year).
- 2020: Revenue of $315K, expenses of $405K, and assets of $80K (revenue -44.9% year-over-year).
- 2019: Revenue of $572K, expenses of $527K, and assets of $184K (revenue +12.4% year-over-year).
- 2018: Revenue of $509K, expenses of $472K, and assets of $133K (revenue -18.2% year-over-year).
- 2017: Revenue of $622K, expenses of $466K, and assets of $94K (revenue +15.5% year-over-year).
- 2016: Revenue of $539K, expenses of $405K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First United Methodist Church Of Hot Spings Child Development:
Data Sources and Methodology
This transparency report for First United Methodist Church Of Hot Spings Child Development 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.