Foundations First Christian Inc
EIN: 863501921 · Clinton, NJ · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $763K |
| Total Expenses | $575K |
| Net Assets | $126K |
Is Foundations First Christian Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundations First Christian Inc
Foundations First Christian Inc (EIN: 863501921) is a nonprofit organization based in Clinton, NJ, classified under NTEE code X20. The organization reported total revenue of $763K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundations First Christian Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundations First Christian Inc is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 34.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $568K |
| Total Expenses | $575K |
| Surplus / Deficit | $-6,603 |
| Total Assets | $187K |
| Total Liabilities | $61K |
| Net Assets | $126K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 32.7% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Foundations First Christian Inc reported a deficit of $7K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 32.7% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Foundations First Christian Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.6% | +98.3% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundations First Christian 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 Foundations First Christian 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 deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.7%.
Frequently Asked Questions about Foundations First Christian Inc
Is Foundations First Christian Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundations First Christian Inc (EIN: 863501921) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foundations First Christian Inc spend its money?
Detailed spending breakdown data is not yet available for Foundations First Christian Inc. Check back for updated IRS 990 analysis.
Are donations to Foundations First Christian Inc tax-deductible?
Foundations First Christian Inc is registered as a tax-exempt nonprofit (EIN: 863501921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundations First Christian Inc located?
Foundations First Christian Inc is headquartered in Clinton, New Jersey and files with the IRS under EIN 863501921. It is classified under NTEE code X20.
How many years of IRS 990 filings does Foundations First Christian Inc have?
Foundations First Christian Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $763K in total revenue.
Filing History
IRS 990 filing history for Foundations First Christian Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Foundations First Christian Inc's revenue has grown by 34.6%, moving from $422K to $568K. Total assets increased by 10.6% over the same period, from $169K to $187K. Total functional expenses rose by 98.3%, from $290K to $575K. In its most recent filing year (2023), Foundations First Christian Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $61K in liabilities against $187K in assets (debt-to-asset ratio: 32.7%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $568K | $575K | $187K | $61K | — | View 990 |
| 2022 | $422K | $290K | $169K | $37K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundations First Christian Inc:
Data Sources and Methodology
This transparency report for Foundations First Christian 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.