Iglesia Kayros Nuevo Renacer
EIN: 824190443 · Providence, RI · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $234K |
| Total Expenses | $166K |
| Net Assets | $1 |
Is Iglesia Kayros Nuevo Renacer Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iglesia Kayros Nuevo Renacer
Iglesia Kayros Nuevo Renacer (EIN: 824190443) is a nonprofit organization based in Providence, RI, classified under NTEE code X21. The organization reported total revenue of $234K and total assets of $226K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iglesia Kayros Nuevo Renacer's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iglesia Kayros Nuevo Renacer is a small nonprofit that has been operating for 5 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $166K |
| Surplus / Deficit | +$33K |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | 16.7% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Iglesia Kayros Nuevo Renacer reported a surplus of $33K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2018–2023), Iglesia Kayros Nuevo Renacer's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.7% | +31.1% | -100.0% |
| 2022 | -4.2% | -15.2% | +8.9% |
| 2021 | +1.7% | +49.4% | +12.4% |
| 2020 | +15.0% | +9.1% | +76.0% |
| 2019 | +24.7% | +12.4% | +154.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iglesia Kayros Nuevo Renacer 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 Kayros Nuevo Renacer 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 $33K, with revenue exceeding expenses.
Frequently Asked Questions about Iglesia Kayros Nuevo Renacer
Is Iglesia Kayros Nuevo Renacer a legitimate charity?
Iglesia Kayros Nuevo Renacer (EIN: 824190443) is a registered tax-exempt nonprofit based in Rhode Island. It has 6 years of IRS 990 filings on record. Total revenue: $234K. No red flags identified. Financial health grade: A.
How does Iglesia Kayros Nuevo Renacer spend its money?
Iglesia Kayros Nuevo Renacer reported $234K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iglesia Kayros Nuevo Renacer tax-deductible?
Iglesia Kayros Nuevo Renacer is registered as a tax-exempt nonprofit (EIN: 824190443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iglesia Kayros Nuevo Renacer located?
Iglesia Kayros Nuevo Renacer is headquartered in Providence, Rhode Island and files with the IRS under EIN 824190443. It is classified under NTEE code X21.
How many years of IRS 990 filings does Iglesia Kayros Nuevo Renacer have?
Iglesia Kayros Nuevo Renacer has 6 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 $234K in total revenue.
Filing History
IRS 990 filing history for Iglesia Kayros Nuevo Renacer showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Iglesia Kayros Nuevo Renacer's revenue has grown by 72.7%, moving from $115K to $199K. Total assets decreased by 100% over the same period, from $34K to $1. Total functional expenses rose by 103.7%, from $81K to $166K. In its most recent filing year (2023), Iglesia Kayros Nuevo Renacer reported a surplus of $33K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $166K | $1 | $0 | — | View 990 |
| 2022 | $161K | $126K | $185K | $0 | — | View 990 |
| 2021 | $168K | $149K | $170K | $0 | — | View 990 |
| 2020 | $165K | $100K | $151K | $0 | — | — |
| 2019 | $144K | $91K | $86K | $0 | — | — |
| 2018 | $115K | $81K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $166K, and assets of $1 (revenue +23.7% year-over-year).
- 2022: Revenue of $161K, expenses of $126K, and assets of $185K (revenue -4.2% year-over-year).
- 2021: Revenue of $168K, expenses of $149K, and assets of $170K (revenue +1.7% year-over-year).
- 2020: Revenue of $165K, expenses of $100K, and assets of $151K (revenue +15.0% year-over-year).
- 2019: Revenue of $144K, expenses of $91K, and assets of $86K (revenue +24.7% year-over-year).
- 2018: Revenue of $115K, expenses of $81K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iglesia Kayros Nuevo Renacer:
Data Sources and Methodology
This transparency report for Iglesia Kayros Nuevo Renacer 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.