Holding Forth The Word Of Life Inc
Holding Forth The Word Of Life Inc shows consistent asset growth and no reported officer compensation.
EIN: 201869878 · Wrens, GA · NTEE: X20 · Updated: 2026-03-28
Is Holding Forth The Word Of Life Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holding Forth The Word Of Life Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Holding Forth The Word Of Life Inc
Holding Forth The Word Of Life Inc (EIN: 201869878) is a nonprofit organization based in Wrens, GA, classified under NTEE code X20. The organization reported total revenue of $613K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holding Forth The Word Of Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holding Forth The Word Of Life Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $643K |
| Total Expenses | $552K |
| Surplus / Deficit | +$91K |
| Total Assets | $3.0M |
| Total Liabilities | $42K |
| Net Assets | $3.0M |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 65.3 months |
Financial Health Grade: A
In 2023, Holding Forth The Word Of Life Inc reported a surplus of $91K with revenue exceeding expenses, holds 65.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Holding Forth The Word Of Life Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.7% | +13.9% | +4.2% |
| 2022 | +39.0% | +16.6% | +17.3% |
| 2021 | +4.0% | -2.6% | +10.5% |
| 2020 | +9.3% | -0.7% | +9.8% |
| 2019 | -17.6% | +13.9% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Holding Forth The Word Of Life Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Holding Forth The Word Of Life Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $91K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is highly unusual for an organization of its size with over $600,000 in annual revenue and $3 million in assets, suggesting a volunteer-led executive structure or compensation being covered by other means not reported as officer compensation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Holding Forth The Word Of Life Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Unusually low or negative liabilities in some periods may warrant further investigation into accounting practices
Strengths
The following positive indicators were identified for Holding Forth The Word Of Life Inc:
- Consistent asset growth, from $1,019,933 in 2014 to $3,003,306 in 2023
- No reported officer compensation across all filings, indicating high efficiency or volunteer leadership
- Strong revenue generation, with latest revenue at $642,887
- Low liabilities, indicating financial stability and responsible management
- Positive net income in most years, contributing to asset accumulation
Frequently Asked Questions about Holding Forth The Word Of Life Inc
Is Holding Forth The Word Of Life Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Holding Forth The Word Of Life Inc (EIN: 201869878) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Holding Forth The Word Of Life Inc spend its money?
Holding Forth The Word Of Life Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Holding Forth The Word Of Life Inc tax-deductible?
Holding Forth The Word Of Life Inc is registered as a tax-exempt nonprofit (EIN: 201869878). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Holding Forth The Word Of Life Inc a good charity?
Based on the provided financial data, the organization appears to be financially healthy, with consistent asset growth and no reported officer compensation. This suggests a strong focus on its mission and efficient use of funds, making it appear to be a good charity from a financial perspective.
How has the organization's financial health changed over time?
Holding Forth The Word Of Life Inc has shown remarkable financial growth. Its assets have nearly tripled from $1,019,933 in 2014 to $3,003,306 in 2023, and revenue has generally increased, indicating a strong and improving financial position.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available filings, suggesting a volunteer-based leadership or that executive compensation is not reported under this category.
Filing History
IRS 990 filing history for Holding Forth The Word Of Life Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holding Forth The Word Of Life Inc's revenue has grown by 46%, moving from $440K to $643K. Total assets increased by 401.2% over the same period, from $599K to $3.0M. Total functional expenses rose by 142.6%, from $227K to $552K. In its most recent filing year (2023), Holding Forth The Word Of Life Inc reported a surplus of $91K, with revenue exceeding expenses. The organization holds $42K in liabilities against $3.0M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $643K | $552K | $3.0M | $42K | — | View 990 |
| 2022 | $901K | $484K | $2.9M | $3K | — | View 990 |
| 2021 | $648K | $416K | $2.5M | $-379 | — | View 990 |
| 2020 | $624K | $427K | $2.2M | $-226 | — | — |
| 2019 | $570K | $430K | $2.0M | $-1,816 | — | View 990 |
| 2018 | $692K | $377K | $1.9M | $-2,025 | — | View 990 |
| 2017 | $557K | $376K | $1.6M | $-5,317 | — | View 990 |
| 2016 | $547K | $353K | $1.4M | $-1,285 | — | View 990 |
| 2015 | $522K | $342K | $1.2M | $-201 | — | View 990 |
| 2014 | $526K | $261K | $1.0M | $2K | — | View 990 |
| 2013 | $356K | $301K | $754K | $0 | — | View 990 |
| 2012 | $362K | $262K | $700K | $1K | — | View 990 |
| 2011 | $440K | $227K | $599K | $406 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $643K, expenses of $552K, and assets of $3.0M (revenue -28.7% year-over-year).
- 2022: Revenue of $901K, expenses of $484K, and assets of $2.9M (revenue +39.0% year-over-year).
- 2021: Revenue of $648K, expenses of $416K, and assets of $2.5M (revenue +4.0% year-over-year).
- 2020: Revenue of $624K, expenses of $427K, and assets of $2.2M (revenue +9.3% year-over-year).
- 2019: Revenue of $570K, expenses of $430K, and assets of $2.0M (revenue -17.6% year-over-year).
- 2018: Revenue of $692K, expenses of $377K, and assets of $1.9M (revenue +24.3% year-over-year).
- 2017: Revenue of $557K, expenses of $376K, and assets of $1.6M (revenue +1.8% year-over-year).
- 2016: Revenue of $547K, expenses of $353K, and assets of $1.4M (revenue +4.7% year-over-year).
- 2015: Revenue of $522K, expenses of $342K, and assets of $1.2M (revenue -0.7% year-over-year).
- 2014: Revenue of $526K, expenses of $261K, and assets of $1.0M (revenue +47.8% year-over-year).
- 2013: Revenue of $356K, expenses of $301K, and assets of $754K (revenue -1.7% year-over-year).
- 2012: Revenue of $362K, expenses of $262K, and assets of $700K (revenue -17.8% year-over-year).
- 2011: Revenue of $440K, expenses of $227K, and assets of $599K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holding Forth The Word Of Life Inc:
Data Sources and Methodology
This transparency report for Holding Forth The Word Of Life 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.