Iglesia Cristiana La Gracia De Dios Inc
EIN: 455503153 · East Hartford, CT · NTEE: X21
Is Iglesia Cristiana La Gracia De Dios Inc 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 La Gracia De Dios Inc
Iglesia Cristiana La Gracia De Dios Inc (EIN: 455503153) is a nonprofit organization based in East Hartford, CT, classified under NTEE code X21. The organization reported total revenue of $10K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iglesia Cristiana La Gracia De Dios Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iglesia Cristiana La Gracia De Dios Inc is a micro nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $6K |
| Surplus / Deficit | +$2K |
| Total Assets | $3K |
| Total Liabilities | $1 |
| Net Assets | $3K |
| Operating Margin | 29.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Iglesia Cristiana La Gracia De Dios Inc reported a surplus of $2K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Iglesia Cristiana La Gracia De Dios Inc's revenue has declined at a compound annual growth rate (CAGR) of -17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.0% | -37.5% | +395.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iglesia Cristiana La Gracia De Dios 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 Iglesia Cristiana La Gracia De Dios 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Iglesia Cristiana La Gracia De Dios Inc
Is Iglesia Cristiana La Gracia De Dios Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Iglesia Cristiana La Gracia De Dios Inc (EIN: 455503153) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iglesia Cristiana La Gracia De Dios Inc spend its money?
Detailed spending breakdown data is not yet available for Iglesia Cristiana La Gracia De Dios Inc. Check back for updated IRS 990 analysis.
Are donations to Iglesia Cristiana La Gracia De Dios Inc tax-deductible?
Iglesia Cristiana La Gracia De Dios Inc is registered as a tax-exempt nonprofit (EIN: 455503153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Iglesia Cristiana La Gracia De Dios Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Iglesia Cristiana La Gracia De Dios Inc's revenue has declined by 17%, moving from $10K to $8K. Total assets increased by 395.3% over the same period, from $600 to $3K. Total functional expenses fell by 37.5%, from $9K to $6K. In its most recent filing year (2023), Iglesia Cristiana La Gracia De Dios Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $6K | $3K | $1 | — | — |
| 2022 | $10K | $9K | $600 | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iglesia Cristiana La Gracia De Dios Inc:
Data Sources and Methodology
This transparency report for Iglesia Cristiana La Gracia De Dios 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.