Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb
EIN: 521656094 · New Carrolltn, MD · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $90K |
| Total Expenses | $70K |
| Net Assets | $470K |
Is Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb
Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb (EIN: 521656094) is a nonprofit organization based in New Carrolltn, MD, classified under NTEE code X20. The organization reported total revenue of $90K and total assets of $469K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb is a micro nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $70K |
| Surplus / Deficit | +$28K |
| Total Assets | $470K |
| Total Liabilities | $275 |
| Net Assets | $470K |
| Operating Margin | 28.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 80.9 months |
Financial Health Grade: A
In 2023, Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb reported a surplus of $28K with revenue exceeding expenses, holds 80.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.3% | -29.3% | +5.6% |
| 2022 | -8.8% | +16.1% | +2.9% |
| 2021 | +19.7% | -43.6% | +8.2% |
| 2020 | -35.4% | +4.8% | -10.5% |
| 2019 | -17.1% | +25.3% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb 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 Evengelica Apostoles Y Profetas La Pena De Horeb 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 $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb
Is Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb a legitimate charity?
Based on AI analysis of IRS 990 filings, Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb (EIN: 521656094) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb spend its money?
Detailed spending breakdown data is not yet available for Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb. Check back for updated IRS 990 analysis.
Are donations to Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb tax-deductible?
Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb is registered as a tax-exempt nonprofit (EIN: 521656094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb located?
Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb is headquartered in New Carrolltn, Maryland and files with the IRS under EIN 521656094. It is classified under NTEE code X20.
How many years of IRS 990 filings does Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb have?
Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb has 8 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 $90K in total revenue.
Filing History
IRS 990 filing history for Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb's revenue has declined by 30.7%, moving from $141K to $98K. Total assets increased by 38.6% over the same period, from $339K to $470K. Total functional expenses fell by 40%, from $116K to $70K. In its most recent filing year (2023), Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb reported a surplus of $28K, with revenue exceeding expenses. The organization holds $275 in liabilities against $470K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $470K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $70K | $470K | $275 | — | View 990 |
| 2022 | $110K | $99K | $445K | $3K | — | View 990 |
| 2021 | $120K | $85K | $432K | $2K | — | View 990 |
| 2020 | $101K | $150K | $400K | $5K | — | — |
| 2019 | $156K | $144K | $446K | $2K | — | View 990 |
| 2018 | $188K | $115K | $433K | $881 | — | View 990 |
| 2017 | $142K | $115K | $365K | $2K | — | View 990 |
| 2016 | $141K | $116K | $339K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $70K, and assets of $470K (revenue -11.3% year-over-year).
- 2022: Revenue of $110K, expenses of $99K, and assets of $445K (revenue -8.8% year-over-year).
- 2021: Revenue of $120K, expenses of $85K, and assets of $432K (revenue +19.7% year-over-year).
- 2020: Revenue of $101K, expenses of $150K, and assets of $400K (revenue -35.4% year-over-year).
- 2019: Revenue of $156K, expenses of $144K, and assets of $446K (revenue -17.1% year-over-year).
- 2018: Revenue of $188K, expenses of $115K, and assets of $433K (revenue +32.7% year-over-year).
- 2017: Revenue of $142K, expenses of $115K, and assets of $365K (revenue +0.6% year-over-year).
- 2016: Revenue of $141K, expenses of $116K, and assets of $339K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb:
Data Sources and Methodology
This transparency report for Iglesia Evengelica Apostoles Y Profetas La Pena De Horeb 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.