Full Gospel House Of Praise Inc
EIN: 271304862 · Cold Spring, KY
| Metric | Value |
|---|---|
| Total Expenses | $41K |
| Net Assets | $3K |
Is Full Gospel House Of Praise Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Full Gospel House Of Praise Inc
Full Gospel House Of Praise Inc (EIN: 271304862) is a nonprofit organization based in Cold Spring, KY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Full Gospel House Of Praise Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Full Gospel House Of Praise Inc is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $41K |
| Surplus / Deficit | $-90 |
| Total Assets | $10K |
| Total Liabilities | $7K |
| Net Assets | $3K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 73.5% |
| Months of Reserves | 2.9 months |
Financial Health Grade: D
In 2016, Full Gospel House Of Praise Inc reported a deficit of $90 with expenses exceeding revenue, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 73.5% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Full Gospel House Of Praise Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -0.2% | +7.1% | -0.6% |
| 2015 | +21.1% | +7.1% | +37.9% |
| 2014 | +5.6% | +2.5% | -20.9% |
| 2013 | -11.2% | -3.9% | +93.4% |
| 2012 | +3.6% | +1.6% | -4.1% |
AI Analysis Pending
AI enrichment for Full Gospel House Of Praise 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 Full Gospel House Of Praise 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $90, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.5%.
Frequently Asked Questions about Full Gospel House Of Praise Inc
Is Full Gospel House Of Praise Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Full Gospel House Of Praise Inc (EIN: 271304862) insufficient data. 0 red flags identified, 0 strengths noted.
How does Full Gospel House Of Praise Inc spend its money?
Detailed spending breakdown data is not yet available for Full Gospel House Of Praise Inc. Check back for updated IRS 990 analysis.
Are donations to Full Gospel House Of Praise Inc tax-deductible?
Full Gospel House Of Praise Inc is registered as a tax-exempt nonprofit (EIN: 271304862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Full Gospel House Of Praise Inc located?
Full Gospel House Of Praise Inc is headquartered in Cold Spring, Kentucky and files with the IRS under EIN 271304862.
How many years of IRS 990 filings does Full Gospel House Of Praise Inc have?
Full Gospel House Of Praise Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Full Gospel House Of Praise Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Full Gospel House Of Praise Inc's revenue has grown by 17.4%, moving from $35K to $41K. Total assets increased by 101.2% over the same period, from $5K to $10K. Total functional expenses rose by 14.8%, from $36K to $41K. In its most recent filing year (2016), Full Gospel House Of Praise Inc reported a deficit of $90, with expenses exceeding revenue. The organization holds $7K in liabilities against $10K in assets (debt-to-asset ratio: 73.5%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $41K | $41K | $10K | $7K | — | View 990 |
| 2015 | $41K | $38K | $10K | $7K | — | View 990 |
| 2014 | $34K | $36K | $7K | $7K | — | View 990 |
| 2013 | $32K | $35K | $9K | $7K | — | View 990 |
| 2012 | $36K | $36K | $5K | $0 | — | View 990 |
| 2011 | $35K | $36K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $41K, expenses of $41K, and assets of $10K (revenue -0.2% year-over-year).
- 2015: Revenue of $41K, expenses of $38K, and assets of $10K (revenue +21.1% year-over-year).
- 2014: Revenue of $34K, expenses of $36K, and assets of $7K (revenue +5.6% year-over-year).
- 2013: Revenue of $32K, expenses of $35K, and assets of $9K (revenue -11.2% year-over-year).
- 2012: Revenue of $36K, expenses of $36K, and assets of $5K (revenue +3.6% year-over-year).
- 2011: Revenue of $35K, expenses of $36K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Full Gospel House Of Praise Inc:
Data Sources and Methodology
This transparency report for Full Gospel House Of Praise 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.