Hanmaum Presbyterian Church
EIN: 272549270 · Virginia Bch, VA · NTEE: X20
| Metric | Value |
|---|---|
| Total Expenses | $193K |
| Net Assets | $260K |
Is Hanmaum Presbyterian Church Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hanmaum Presbyterian Church
Hanmaum Presbyterian Church (EIN: 272549270) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code X20. 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 Hanmaum Presbyterian Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hanmaum Presbyterian Church is a small nonprofit that has been operating for 13 years, with 4 years of IRS 990 filings on record (2013–2016). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $205K |
| Total Expenses | $193K |
| Surplus / Deficit | +$12K |
| Total Assets | $364K |
| Total Liabilities | $104K |
| Net Assets | $260K |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 28.7% |
| Months of Reserves | 22.6 months |
Financial Health Grade: A
In 2016, Hanmaum Presbyterian Church reported a surplus of $12K with revenue exceeding expenses, holds 22.6 months of operating reserves (strong position), has a debt-to-asset ratio of 28.7% (moderate leverage).
Financial Trends
Over 4 years of filings (2013–2016), Hanmaum Presbyterian Church's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -16.3% | +10.5% | +17.8% |
| 2015 | -4.7% | -31.5% | +23.5% |
| 2014 | +0.0% | -11.4% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hanmaum Presbyterian Church 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 Hanmaum Presbyterian Church 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 surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.7%.
Frequently Asked Questions about Hanmaum Presbyterian Church
Is Hanmaum Presbyterian Church a legitimate charity?
Hanmaum Presbyterian Church (EIN: 272549270) is a registered tax-exempt nonprofit based in Virginia. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Hanmaum Presbyterian Church spend its money?
Hanmaum Presbyterian Church reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hanmaum Presbyterian Church tax-deductible?
Hanmaum Presbyterian Church is registered as a tax-exempt nonprofit (EIN: 272549270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hanmaum Presbyterian Church located?
Hanmaum Presbyterian Church is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 272549270. It is classified under NTEE code X20.
How many years of IRS 990 filings does Hanmaum Presbyterian Church have?
Hanmaum Presbyterian Church has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Hanmaum Presbyterian Church showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2013–2016), Hanmaum Presbyterian Church's revenue has declined by 20.2%, moving from $257K to $205K. Total assets increased by 47.2% over the same period, from $247K to $364K. Total functional expenses fell by 32.9%, from $288K to $193K. In its most recent filing year (2016), Hanmaum Presbyterian Church reported a surplus of $12K, with revenue exceeding expenses. The organization holds $104K in liabilities against $364K in assets (debt-to-asset ratio: 28.7%), resulting in net assets of $260K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $205K | $193K | $364K | $104K | — | View 990 |
| 2015 | $245K | $175K | $309K | $155K | — | View 990 |
| 2014 | $257K | $255K | $250K | $170K | — | View 990 |
| 2013 | $257K | $288K | $247K | $181K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $205K, expenses of $193K, and assets of $364K (revenue -16.3% year-over-year).
- 2015: Revenue of $245K, expenses of $175K, and assets of $309K (revenue -4.7% year-over-year).
- 2014: Revenue of $257K, expenses of $255K, and assets of $250K (revenue +0.0% year-over-year).
- 2013: Revenue of $257K, expenses of $288K, and assets of $247K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hanmaum Presbyterian Church:
Data Sources and Methodology
This transparency report for Hanmaum Presbyterian Church 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.