Frank H Kenan Chapel At Landfall
EIN: 562099460 · Wilmington, NC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $318K |
| Total Expenses | $181K |
| Net Assets | $1.6M |
Is Frank H Kenan Chapel At Landfall Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Frank H Kenan Chapel At Landfall
Frank H Kenan Chapel At Landfall (EIN: 562099460) is a nonprofit organization based in Wilmington, NC, classified under NTEE code X20. The organization reported total revenue of $318K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frank H Kenan Chapel At Landfall's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frank H Kenan Chapel At Landfall is a small nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $181K |
| Surplus / Deficit | +$56K |
| Total Assets | $1.6M |
| Total Liabilities | $689 |
| Net Assets | $1.6M |
| Operating Margin | 23.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 103.3 months |
Financial Health Grade: A
In 2023, Frank H Kenan Chapel At Landfall reported a surplus of $56K with revenue exceeding expenses, holds 103.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Frank H Kenan Chapel At Landfall's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.4% | +4.9% | +11.2% |
| 2022 | -16.6% | +19.6% | -10.1% |
| 2021 | +54.5% | +27.7% | +4.1% |
| 2020 | +5.8% | -28.9% | +1.3% |
| 2019 | -28.7% | +19.5% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Frank H Kenan Chapel At Landfall 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 Frank H Kenan Chapel At Landfall 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 $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Frank H Kenan Chapel At Landfall
Is Frank H Kenan Chapel At Landfall a legitimate charity?
Frank H Kenan Chapel At Landfall (EIN: 562099460) is a registered tax-exempt nonprofit based in North Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $318K. No red flags identified. Financial health grade: A.
How does Frank H Kenan Chapel At Landfall spend its money?
Frank H Kenan Chapel At Landfall reported $318K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Frank H Kenan Chapel At Landfall tax-deductible?
Frank H Kenan Chapel At Landfall is registered as a tax-exempt nonprofit (EIN: 562099460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frank H Kenan Chapel At Landfall located?
Frank H Kenan Chapel At Landfall is headquartered in Wilmington, North Carolina and files with the IRS under EIN 562099460. It is classified under NTEE code X20.
How many years of IRS 990 filings does Frank H Kenan Chapel At Landfall have?
Frank H Kenan Chapel At Landfall has 10 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 $318K in total revenue.
Filing History
IRS 990 filing history for Frank H Kenan Chapel At Landfall showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Frank H Kenan Chapel At Landfall's revenue has grown by 68.2%, moving from $141K to $238K. Total assets increased by 4.6% over the same period, from $1.5M to $1.6M. Total functional expenses rose by 48%, from $122K to $181K. In its most recent filing year (2023), Frank H Kenan Chapel At Landfall reported a surplus of $56K, with revenue exceeding expenses. The organization holds $689 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $181K | $1.6M | $689 | — | View 990 |
| 2022 | $155K | $173K | $1.4M | $444 | — | View 990 |
| 2021 | $186K | $144K | $1.6M | $2K | — | View 990 |
| 2020 | $120K | $113K | $1.5M | $1 | — | View 990 |
| 2019 | $114K | $159K | $1.5M | $1 | — | View 990 |
| 2015 | $160K | $133K | $1.5M | $1 | — | View 990 |
| 2014 | $125K | $126K | $1.6M | $0 | — | View 990 |
| 2013 | $132K | $125K | $1.6M | $1 | — | View 990 |
| 2012 | $144K | $136K | $1.5M | $1 | — | View 990 |
| 2011 | $141K | $122K | $1.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $181K, and assets of $1.6M (revenue +53.4% year-over-year).
- 2022: Revenue of $155K, expenses of $173K, and assets of $1.4M (revenue -16.6% year-over-year).
- 2021: Revenue of $186K, expenses of $144K, and assets of $1.6M (revenue +54.5% year-over-year).
- 2020: Revenue of $120K, expenses of $113K, and assets of $1.5M (revenue +5.8% year-over-year).
- 2019: Revenue of $114K, expenses of $159K, and assets of $1.5M (revenue -28.7% year-over-year).
- 2015: Revenue of $160K, expenses of $133K, and assets of $1.5M (revenue +28.0% year-over-year).
- 2014: Revenue of $125K, expenses of $126K, and assets of $1.6M (revenue -5.9% year-over-year).
- 2013: Revenue of $132K, expenses of $125K, and assets of $1.6M (revenue -8.0% year-over-year).
- 2012: Revenue of $144K, expenses of $136K, and assets of $1.5M (revenue +1.9% year-over-year).
- 2011: Revenue of $141K, expenses of $122K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frank H Kenan Chapel At Landfall:
Data Sources and Methodology
This transparency report for Frank H Kenan Chapel At Landfall 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.