Iglesia Del Dios Vivo Cristo Viene Gainesville Inc
Gainesville Church Reports Significant Liabilities in Latest Filing After Years of Debt-Free Operations.
EIN: 200281322 · Gainesville, GA · NTEE: X20 · Updated: 2026-03-28
Is Iglesia Del Dios Vivo Cristo Viene Gainesville Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iglesia Del Dios Vivo Cristo Viene Gainesville Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iglesia Del Dios Vivo Cristo Viene Gainesville Inc
Iglesia Del Dios Vivo Cristo Viene Gainesville Inc (EIN: 200281322) is a nonprofit organization based in Gainesville, GA, classified under NTEE code X20. The organization reported total revenue of $200K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iglesia Del Dios Vivo Cristo Viene Gainesville Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iglesia Del Dios Vivo Cristo Viene Gainesville Inc is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $225K |
| Total Expenses | $248K |
| Surplus / Deficit | $-22,965 |
| Total Assets | $42K |
| Total Liabilities | $270K |
| Net Assets | $-228,637 |
| Operating Margin | -10.2% |
| Debt-to-Asset Ratio | 648.7% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Iglesia Del Dios Vivo Cristo Viene Gainesville Inc reported a deficit of $23K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 648.7% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Iglesia Del Dios Vivo Cristo Viene Gainesville Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +30.0% | -39.3% |
| 2022 | -19.2% | -12.8% | +17.1% |
| 2021 | +47.7% | +35.5% | +104.6% |
| 2020 | -24.4% | -25.1% | +32.3% |
| 2019 | -8.3% | -8.1% | +52.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2009 |
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 Iglesia Del Dios Vivo Cristo Viene Gainesville Inc with a Mission Score of 65 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Iglesia Del Dios Vivo Cristo Viene Gainesville Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 648.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization with annual revenues consistently above $160,000.
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 Del Dios Vivo Cristo Viene Gainesville Inc's IRS 990 filings:
- Sudden and significant increase in liabilities to $270,308 in the latest filing (202312) from $0 in prior years, leading to negative net assets.
- Lack of detailed functional expense breakdown in the provided data, making it difficult to fully assess spending efficiency.
- Consistent reporting of 0% officer compensation for an organization with revenues over $160,000, which, while potentially positive, is unusual and warrants understanding of the operational model.
Strengths
The following positive indicators were identified for Iglesia Del Dios Vivo Cristo Viene Gainesville Inc:
- Consistent revenue generation, typically between $168,231 and $248,520 annually, indicating a stable donor base or income stream.
- Historically managed expenses closely to revenue, often operating with small surpluses or deficits.
- Long filing history (12 filings), indicating consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Iglesia Del Dios Vivo Cristo Viene Gainesville Inc
Is Iglesia Del Dios Vivo Cristo Viene Gainesville Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Iglesia Del Dios Vivo Cristo Viene Gainesville Inc (EIN: 200281322) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Iglesia Del Dios Vivo Cristo Viene Gainesville Inc spend its money?
Iglesia Del Dios Vivo Cristo Viene Gainesville Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iglesia Del Dios Vivo Cristo Viene Gainesville Inc tax-deductible?
Iglesia Del Dios Vivo Cristo Viene Gainesville Inc is registered as a tax-exempt nonprofit (EIN: 200281322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the sudden increase in liabilities to $270,308 in the 202312 period, given that liabilities were $0 in previous years?
The provided data does not specify the nature of these liabilities. This significant change from $0 to over $270,000 in one year is a critical financial event that requires further investigation into the organization's detailed financial statements to understand its cause and implications.
How does the organization manage to operate with 0% officer compensation, and who is responsible for its management?
The consistent reporting of 0% officer compensation suggests that leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990. This is a notable operational model for an organization of this size.
What is the organization's plan to address the substantial liabilities reported in the latest filing?
The data does not provide information on the organization's strategy to manage or reduce the $270,308 in liabilities. This is a key question for assessing its future financial viability.
What are the primary program activities and how are funds allocated to them?
The NTEE code X20 indicates 'Religious' organizations, but the provided summary data does not offer a detailed breakdown of program activities or the specific allocation of funds to these programs. Further detail from the full 990 would be needed.
Filing History
IRS 990 filing history for Iglesia Del Dios Vivo Cristo Viene Gainesville Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Iglesia Del Dios Vivo Cristo Viene Gainesville Inc's revenue has grown by 21.6%, moving from $185K to $225K. Total functional expenses rose by 38.5%, from $179K to $248K. In its most recent filing year (2023), Iglesia Del Dios Vivo Cristo Viene Gainesville Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $270K in liabilities against $42K in assets (debt-to-asset ratio: 648.7%), resulting in net assets of $-228,637.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $225K | $248K | $42K | $270K | — | View 990 |
| 2022 | $201K | $191K | $69K | $0 | — | View 990 |
| 2021 | $249K | $219K | $59K | $0 | — | View 990 |
| 2020 | $168K | $161K | $29K | $0 | — | — |
| 2019 | $223K | $215K | $22K | $0 | — | View 990 |
| 2018 | $243K | $234K | $14K | $0 | — | View 990 |
| 2017 | $200K | $196K | $6K | $0 | — | View 990 |
| 2016 | $213K | $212K | $0 | $0 | — | View 990 |
| 2015 | $243K | $235K | $1 | $0 | — | View 990 |
| 2013 | $238K | $218K | $0 | $0 | — | View 990 |
| 2012 | $235K | $215K | $0 | $0 | — | View 990 |
| 2011 | $185K | $179K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $225K, expenses of $248K, and assets of $42K (revenue +12.0% year-over-year).
- 2022: Revenue of $201K, expenses of $191K, and assets of $69K (revenue -19.2% year-over-year).
- 2021: Revenue of $249K, expenses of $219K, and assets of $59K (revenue +47.7% year-over-year).
- 2020: Revenue of $168K, expenses of $161K, and assets of $29K (revenue -24.4% year-over-year).
- 2019: Revenue of $223K, expenses of $215K, and assets of $22K (revenue -8.3% year-over-year).
- 2018: Revenue of $243K, expenses of $234K, and assets of $14K (revenue +21.3% year-over-year).
- 2017: Revenue of $200K, expenses of $196K, and assets of $6K (revenue -6.0% year-over-year).
- 2016: Revenue of $213K, expenses of $212K, and assets of $0 (revenue -12.5% year-over-year).
- 2015: Revenue of $243K, expenses of $235K, and assets of $1 (revenue +2.1% year-over-year).
- 2013: Revenue of $238K, expenses of $218K, and assets of $0 (revenue +1.3% year-over-year).
- 2012: Revenue of $235K, expenses of $215K, and assets of $0 (revenue +27.3% year-over-year).
- 2011: Revenue of $185K, expenses of $179K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iglesia Del Dios Vivo Cristo Viene Gainesville Inc:
Data Sources and Methodology
This transparency report for Iglesia Del Dios Vivo Cristo Viene Gainesville 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.