Iglesia Cristiana Canaan Defensores
EIN: 521484826 · Silver Spring, MD · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $333K |
| Total Expenses | $276K |
| Net Assets | $400K |
Is Iglesia Cristiana Canaan Defensores Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iglesia Cristiana Canaan Defensores
Iglesia Cristiana Canaan Defensores (EIN: 521484826) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code X20. The organization reported total revenue of $333K and total assets of $444K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iglesia Cristiana Canaan Defensores's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iglesia Cristiana Canaan Defensores is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $302K |
| Total Expenses | $276K |
| Surplus / Deficit | +$27K |
| Total Assets | $400K |
| Total Liabilities | $262 |
| Net Assets | $400K |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 17.4 months |
Financial Health Grade: A
In 2023, Iglesia Cristiana Canaan Defensores reported a surplus of $27K with revenue exceeding expenses, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Iglesia Cristiana Canaan Defensores's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | +9.7% | +7.1% |
| 2022 | +20.9% | +13.5% | +12.5% |
| 2021 | +19.8% | +4.2% | +6.7% |
| 2020 | -22.1% | -19.0% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iglesia Cristiana Canaan Defensores 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 Iglesia Cristiana Canaan Defensores 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 $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Iglesia Cristiana Canaan Defensores
Is Iglesia Cristiana Canaan Defensores a legitimate charity?
Iglesia Cristiana Canaan Defensores (EIN: 521484826) is a registered tax-exempt nonprofit based in Maryland. It has 5 years of IRS 990 filings on record. Total revenue: $333K. No red flags identified. Financial health grade: A.
How does Iglesia Cristiana Canaan Defensores spend its money?
Iglesia Cristiana Canaan Defensores reported $333K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iglesia Cristiana Canaan Defensores tax-deductible?
Iglesia Cristiana Canaan Defensores is registered as a tax-exempt nonprofit (EIN: 521484826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iglesia Cristiana Canaan Defensores located?
Iglesia Cristiana Canaan Defensores is headquartered in Silver Spring, Maryland and files with the IRS under EIN 521484826. It is classified under NTEE code X20.
How many years of IRS 990 filings does Iglesia Cristiana Canaan Defensores have?
Iglesia Cristiana Canaan Defensores has 5 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 $333K in total revenue.
Filing History
IRS 990 filing history for Iglesia Cristiana Canaan Defensores showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Iglesia Cristiana Canaan Defensores's revenue has grown by 16.3%, moving from $260K to $302K. Total assets increased by 22.6% over the same period, from $326K to $400K. Total functional expenses rose by 5.1%, from $262K to $276K. In its most recent filing year (2023), Iglesia Cristiana Canaan Defensores reported a surplus of $27K, with revenue exceeding expenses. The organization holds $262 in liabilities against $400K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $400K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $302K | $276K | $400K | $262 | — | View 990 |
| 2022 | $293K | $251K | $373K | $262 | — | View 990 |
| 2021 | $242K | $222K | $332K | $262 | — | — |
| 2020 | $202K | $213K | $311K | $305 | — | View 990 |
| 2019 | $260K | $262K | $326K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $302K, expenses of $276K, and assets of $400K (revenue +3.2% year-over-year).
- 2022: Revenue of $293K, expenses of $251K, and assets of $373K (revenue +20.9% year-over-year).
- 2021: Revenue of $242K, expenses of $222K, and assets of $332K (revenue +19.8% year-over-year).
- 2020: Revenue of $202K, expenses of $213K, and assets of $311K (revenue -22.1% year-over-year).
- 2019: Revenue of $260K, expenses of $262K, and assets of $326K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iglesia Cristiana Canaan Defensores:
Data Sources and Methodology
This transparency report for Iglesia Cristiana Canaan Defensores 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.