Iglesia Cristiana Buenas Nuevas Inc
Small Church, Minimal Transparency, and Unclear Program Spending
EIN: 223095302 · North Bergen, NJ · Updated: 2026-04-04
About Iglesia Cristiana Buenas Nuevas Inc
Iglesia Cristiana Buenas Nuevas Inc (EIN: 223095302) is a nonprofit organization based in North Bergen, NJ. The organization reported total revenue of $186K and total assets of $319K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iglesia Cristiana Buenas Nuevas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iglesia Cristiana Buenas Nuevas Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Iglesia Cristiana Buenas Nuevas Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds, which limits assessment.
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 Iglesia Cristiana Buenas Nuevas Inc's IRS 990 filings:
- No program service expenses are reported, raising questions about how funds are utilized for its stated mission.
- The organization consistently reports zero compensation for all officers, directors, and key employees, which can be a red flag for transparency or indicate a fully volunteer-run operation without clear leadership accountability.
- Lack of detailed program descriptions or impact metrics makes it difficult to assess effectiveness.
- The organization's net assets have grown from $190,352 in 2016 to $318,926 in 2023, while program spending remains at $0, suggesting accumulation of assets without direct program expenditure.
Strengths
The following positive indicators were identified for Iglesia Cristiana Buenas Nuevas Inc:
- Consistent revenue generation over several years, indicating a stable donor base.
- Low liabilities reported across all years, suggesting financial prudence.
- Consistent reporting of financial data, even if minimal, provides some level of accountability.
Frequently Asked Questions about Iglesia Cristiana Buenas Nuevas Inc
What does Iglesia Cristiana Buenas Nuevas Inc do?
Iglesia Cristiana Buenas Nuevas Inc is a nonprofit organization in the Unknown sector, located in North Bergen, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Iglesia Cristiana Buenas Nuevas Inc have?
Iglesia Cristiana Buenas Nuevas Inc reported total revenue of $186,316. Based on 13 IRS 990 filings on record.
What are Iglesia Cristiana Buenas Nuevas Inc's total assets?
Iglesia Cristiana Buenas Nuevas Inc holds total assets of $318,926 as reported in IRS 990 filings.
Where is Iglesia Cristiana Buenas Nuevas Inc located?
Iglesia Cristiana Buenas Nuevas Inc is based in North Bergen, New Jersey.
What is Iglesia Cristiana Buenas Nuevas Inc's EIN?
Iglesia Cristiana Buenas Nuevas Inc's Employer Identification Number (EIN) is 223095302. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Iglesia Cristiana Buenas Nuevas Inc?
Iglesia Cristiana Buenas Nuevas Inc is classified under NTEE code Unknown (Unknown).
Is Iglesia Cristiana Buenas Nuevas Inc a registered 501(c)(3)?
Iglesia Cristiana Buenas Nuevas Inc appears in IRS records (EIN: 223095302). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Iglesia Cristiana Buenas Nuevas Inc file IRS Form 990?
Yes, Iglesia Cristiana Buenas Nuevas Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Iglesia Cristiana Buenas Nuevas Inc's revenue in 2023?
In the 202312 filing period, Iglesia Cristiana Buenas Nuevas Inc reported total revenue of $192,842, total expenses of $192,927, and net assets of $285,129.
Is Iglesia Cristiana Buenas Nuevas Inc's revenue growing or declining?
Iglesia Cristiana Buenas Nuevas Inc's revenue is growing. Revenue went from $164,636 (202212) to $192,842 (202312), a +17.1% change. Based on 13 filings on record.
What is Iglesia Cristiana Buenas Nuevas Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Iglesia Cristiana Buenas Nuevas Inc covers tax period 202312. It shows revenue of $192,842, expenses of $192,927, total assets of $285,129, and liabilities of $53,077.
Is Iglesia Cristiana Buenas Nuevas Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Iglesia Cristiana Buenas Nuevas Inc shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 3 strengths noted.
What are the red flags for Iglesia Cristiana Buenas Nuevas Inc?
The following concerns were identified: No program service expenses are reported, raising questions about how funds are utilized for its stated mission.. The organization consistently reports zero compensation for all officers, directors, and key employees, which can be a red flag for transparency or indicate a fully volunteer-run operation without clear leadership accountability.. Lack of detailed program descriptions or impact metrics makes it difficult to assess effectiveness.. The organization's net assets have grown from $190,352 in 2016 to $318,926 in 2023, while program spending remains at $0, suggesting accumulation of assets without direct program expenditure.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Iglesia Cristiana Buenas Nuevas Inc's strengths?
Positive indicators for Iglesia Cristiana Buenas Nuevas Inc include: Consistent revenue generation over several years, indicating a stable donor base.. Low liabilities reported across all years, suggesting financial prudence.. Consistent reporting of financial data, even if minimal, provides some level of accountability.. These findings are derived from AI analysis of the organization's financial filings.
How does Iglesia Cristiana Buenas Nuevas Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds, which limits assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 in program service expenses, how does Iglesia Cristiana Buenas Nuevas Inc fulfill its religious mission and serve its community?
The available financial data (Form 990-EZ) does not provide a breakdown of how the organization's expenses, which are reported as 'other expenses,' contribute to its religious mission or community service. Without specific program expense reporting, it's unclear how funds are directly applied to programs.
What is the actual operational structure and leadership compensation given the consistent reporting of $0 for all officers, directors, and key employees?
The consistent reporting of $0 for all officers, directors, and key employees suggests either a fully volunteer-run organization where no individual receives compensation above reporting thresholds, or that compensation is structured in a way that avoids direct reporting on the 990-EZ. This lack of detail makes it difficult to assess leadership structure and potential conflicts of interest.
Filing History
IRS 990 filing history for Iglesia Cristiana Buenas Nuevas Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iglesia Cristiana Buenas Nuevas Inc's revenue has grown by 11.7%, moving from $173K to $193K. Total assets increased by 45.6% over the same period, from $196K to $285K. Total functional expenses rose by 19.3%, from $162K to $193K. In its most recent filing year (2023), Iglesia Cristiana Buenas Nuevas Inc reported a deficit of $85, with expenses exceeding revenue. The organization holds $53K in liabilities against $285K in assets (debt-to-asset ratio: 18.6%), resulting in net assets of $232K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $193K | $285K | $53K | — | View 990 |
| 2022 | $165K | $165K | $274K | $42K | — | View 990 |
| 2021 | $165K | $165K | $257K | $24K | — | — |
| 2020 | $147K | $148K | $236K | $3K | — | — |
| 2019 | $162K | $170K | $234K | $0 | — | View 990 |
| 2018 | $143K | $167K | $258K | $16K | — | View 990 |
| 2017 | $241K | $150K | $282K | $16K | — | View 990 |
| 2016 | $155K | $144K | $190K | $0 | — | View 990 |
| 2015 | $136K | $155K | $180K | $0 | — | View 990 |
| 2014 | $157K | $165K | $199K | $0 | — | View 990 |
| 2013 | $166K | $163K | $208K | $0 | — | View 990 |
| 2012 | $166K | $161K | $205K | $0 | — | View 990 |
| 2011 | $173K | $162K | $196K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $193K, and assets of $285K (revenue +17.1% year-over-year).
- 2022: Revenue of $165K, expenses of $165K, and assets of $274K (revenue -0.1% year-over-year).
- 2021: Revenue of $165K, expenses of $165K, and assets of $257K (revenue +12.3% year-over-year).
- 2020: Revenue of $147K, expenses of $148K, and assets of $236K (revenue -9.4% year-over-year).
- 2019: Revenue of $162K, expenses of $170K, and assets of $234K (revenue +13.1% year-over-year).
- 2018: Revenue of $143K, expenses of $167K, and assets of $258K (revenue -40.6% year-over-year).
- 2017: Revenue of $241K, expenses of $150K, and assets of $282K (revenue +55.2% year-over-year).
- 2016: Revenue of $155K, expenses of $144K, and assets of $190K (revenue +14.4% year-over-year).
- 2015: Revenue of $136K, expenses of $155K, and assets of $180K (revenue -13.5% year-over-year).
- 2014: Revenue of $157K, expenses of $165K, and assets of $199K (revenue -5.4% year-over-year).
- 2013: Revenue of $166K, expenses of $163K, and assets of $208K (revenue +0.1% year-over-year).
- 2012: Revenue of $166K, expenses of $161K, and assets of $205K (revenue -4.1% year-over-year).
- 2011: Revenue of $173K, expenses of $162K, and assets of $196K.
Data Sources and Methodology
This transparency report for Iglesia Cristiana Buenas Nuevas 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.