Free Will Baptist Press Foundation Inc
EIN: 560554224 · Ayden, NC · NTEE: X83
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $404K |
| Net Assets | $248K |
Is Free Will Baptist Press Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Free Will Baptist Press Foundation Inc
Free Will Baptist Press Foundation Inc (EIN: 560554224) is a nonprofit organization based in Ayden, NC, classified under NTEE code X83. The organization reported total revenue of $1.1M and total assets of $412K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Free Will Baptist Press Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Free Will Baptist Press Foundation Inc is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $489K |
| Total Expenses | $404K |
| Surplus / Deficit | +$85K |
| Total Assets | $432K |
| Total Liabilities | $183K |
| Net Assets | $248K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 42.5% |
| Months of Reserves | 12.8 months |
Financial Health Grade: A
In 2023, Free Will Baptist Press Foundation Inc reported a surplus of $85K with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 42.5% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Free Will Baptist Press Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | -0.3% | +13.0% |
| 2022 | +17.9% | -4.1% | +5.1% |
| 2021 | +1.2% | +1.0% | -17.4% |
| 2020 | -24.0% | -14.2% | -17.1% |
| 2019 | -3.4% | +11.3% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Free Will Baptist Press Foundation 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 Free Will Baptist Press Foundation 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 $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.5%.
Frequently Asked Questions about Free Will Baptist Press Foundation Inc
Is Free Will Baptist Press Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Free Will Baptist Press Foundation Inc (EIN: 560554224) insufficient data. 0 red flags identified, 0 strengths noted.
How does Free Will Baptist Press Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Free Will Baptist Press Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Free Will Baptist Press Foundation Inc tax-deductible?
Free Will Baptist Press Foundation Inc is registered as a tax-exempt nonprofit (EIN: 560554224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Free Will Baptist Press Foundation Inc located?
Free Will Baptist Press Foundation Inc is headquartered in Ayden, North Carolina and files with the IRS under EIN 560554224. It is classified under NTEE code X83.
How many years of IRS 990 filings does Free Will Baptist Press Foundation Inc have?
Free Will Baptist Press Foundation Inc 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Free Will Baptist Press Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Free Will Baptist Press Foundation Inc's revenue has declined by 63.1%, moving from $1.3M to $489K. Total assets decreased by 10.4% over the same period, from $482K to $432K. Total functional expenses fell by 70.6%, from $1.4M to $404K. In its most recent filing year (2023), Free Will Baptist Press Foundation Inc reported a surplus of $85K, with revenue exceeding expenses. The organization holds $183K in liabilities against $432K in assets (debt-to-asset ratio: 42.5%), resulting in net assets of $248K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $489K | $404K | $432K | $183K | — | — |
| 2022 | $471K | $405K | $382K | $219K | — | View 990 |
| 2021 | $400K | $422K | $363K | $267K | — | View 990 |
| 2020 | $395K | $418K | $440K | $321K | — | View 990 |
| 2019 | $520K | $487K | $530K | $389K | — | View 990 |
| 2018 | $538K | $438K | $540K | $431K | — | View 990 |
| 2017 | $1.1M | $1.0M | $351K | $343K | — | View 990 |
| 2016 | $1.0M | $953K | $316K | $394K | — | View 990 |
| 2015 | $1.2M | $1.3M | $359K | $532K | — | View 990 |
| 2014 | $1.3M | $1.4M | $482K | $547K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $489K, expenses of $404K, and assets of $432K (revenue +3.7% year-over-year).
- 2022: Revenue of $471K, expenses of $405K, and assets of $382K (revenue +17.9% year-over-year).
- 2021: Revenue of $400K, expenses of $422K, and assets of $363K (revenue +1.2% year-over-year).
- 2020: Revenue of $395K, expenses of $418K, and assets of $440K (revenue -24.0% year-over-year).
- 2019: Revenue of $520K, expenses of $487K, and assets of $530K (revenue -3.4% year-over-year).
- 2018: Revenue of $538K, expenses of $438K, and assets of $540K (revenue -52.0% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $351K (revenue +6.9% year-over-year).
- 2016: Revenue of $1.0M, expenses of $953K, and assets of $316K (revenue -10.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $359K (revenue -11.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $482K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Free Will Baptist Press Foundation Inc:
Data Sources and Methodology
This transparency report for Free Will Baptist Press Foundation 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.