First United Methodist Church Of Waterloo Foundation
EIN: 421182829 · Waterloo, IA · NTEE: X21I
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $17K |
| Net Assets | $481K |
Is First United Methodist Church Of Waterloo Foundation 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 Waterloo Foundation
First United Methodist Church Of Waterloo Foundation (EIN: 421182829) is a nonprofit organization based in Waterloo, IA, classified under NTEE code X21I. The organization reported total revenue of $35K and total assets of $490K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First United Methodist Church Of Waterloo Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First United Methodist Church Of Waterloo Foundation is a micro nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -104.8% | +54.0% | -4.5% |
| 2022 | +172.0% | -24.2% | +24.0% |
| 2021 | +196.8% | +82.1% | +6.6% |
| 2020 | -9.6% | -52.7% | +1.4% |
| 2019 | -45.3% | +325.2% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1982 |
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 Waterloo Foundation 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 Waterloo Foundation 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:
Frequently Asked Questions about First United Methodist Church Of Waterloo Foundation
Is First United Methodist Church Of Waterloo Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, First United Methodist Church Of Waterloo Foundation (EIN: 421182829) insufficient data. 0 red flags identified, 0 strengths noted.
How does First United Methodist Church Of Waterloo Foundation spend its money?
Detailed spending breakdown data is not yet available for First United Methodist Church Of Waterloo Foundation. Check back for updated IRS 990 analysis.
Are donations to First United Methodist Church Of Waterloo Foundation tax-deductible?
First United Methodist Church Of Waterloo Foundation is registered as a tax-exempt nonprofit (EIN: 421182829). 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 Waterloo Foundation located?
First United Methodist Church Of Waterloo Foundation is headquartered in Waterloo, Iowa and files with the IRS under EIN 421182829. It is classified under NTEE code X21I.
How many years of IRS 990 filings does First United Methodist Church Of Waterloo Foundation have?
First United Methodist Church Of Waterloo Foundation 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 $35K in total revenue.
Filing History
IRS 990 filing history for First United Methodist Church Of Waterloo Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First United Methodist Church Of Waterloo Foundation's revenue has declined by 142.2%, moving from $12K to $-5,256. Total assets increased by 61.3% over the same period, from $298K to $481K. Total functional expenses rose by 332.8%, from $4K to $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-5,256 | $17K | $481K | $0 | — | — |
| 2022 | $109K | $11K | $503K | $0 | — | — |
| 2021 | $40K | $15K | $406K | $0 | — | View 990 |
| 2020 | $13K | $8K | $381K | $0 | — | View 990 |
| 2019 | $15K | $17K | $375K | $0 | — | View 990 |
| 2018 | $27K | $4K | $378K | $0 | — | View 990 |
| 2017 | $32K | $11K | $355K | $0 | — | View 990 |
| 2016 | $6K | $9K | $334K | $0 | — | View 990 |
| 2015 | $18K | $11K | $336K | $0 | — | View 990 |
| 2014 | $27K | $11K | $329K | $0 | — | View 990 |
| 2013 | $28K | $9K | $313K | $0 | — | View 990 |
| 2012 | $4K | $9K | $294K | $0 | — | View 990 |
| 2011 | $12K | $4K | $298K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-5,256, expenses of $17K, and assets of $481K (revenue -104.8% year-over-year).
- 2022: Revenue of $109K, expenses of $11K, and assets of $503K (revenue +172.0% year-over-year).
- 2021: Revenue of $40K, expenses of $15K, and assets of $406K (revenue +196.8% year-over-year).
- 2020: Revenue of $13K, expenses of $8K, and assets of $381K (revenue -9.6% year-over-year).
- 2019: Revenue of $15K, expenses of $17K, and assets of $375K (revenue -45.3% year-over-year).
- 2018: Revenue of $27K, expenses of $4K, and assets of $378K (revenue -13.7% year-over-year).
- 2017: Revenue of $32K, expenses of $11K, and assets of $355K (revenue +408.7% year-over-year).
- 2016: Revenue of $6K, expenses of $9K, and assets of $334K (revenue -66.3% year-over-year).
- 2015: Revenue of $18K, expenses of $11K, and assets of $336K (revenue -31.7% year-over-year).
- 2014: Revenue of $27K, expenses of $11K, and assets of $329K (revenue -4.6% year-over-year).
- 2013: Revenue of $28K, expenses of $9K, and assets of $313K (revenue +568.3% year-over-year).
- 2012: Revenue of $4K, expenses of $9K, and assets of $294K (revenue -66.1% year-over-year).
- 2011: Revenue of $12K, expenses of $4K, and assets of $298K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First United Methodist Church Of Waterloo Foundation:
Data Sources and Methodology
This transparency report for First United Methodist Church Of Waterloo Foundation 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.