Iglesia Nueva Vida New Life Baptist Church
Iglesia Nueva Vida New Life Baptist Church reported $77,119 in revenue and $66,348 in expenses in its 2022 filing.
EIN: 202200828 · Las Vegas, NV · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $66K |
| Program Spending | 75% |
| Net Assets | $11K |
| Transparency Score | 70/100 |
Is Iglesia Nueva Vida New Life Baptist Church Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iglesia Nueva Vida New Life Baptist Church directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iglesia Nueva Vida New Life Baptist Church
Iglesia Nueva Vida New Life Baptist Church (EIN: 202200828) is a nonprofit organization based in Las Vegas, NV. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iglesia Nueva Vida New Life Baptist Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iglesia Nueva Vida New Life Baptist Church is a micro nonprofit that has been operating for 7 years.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $66K |
| Surplus / Deficit | +$11K |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | 14.0% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2022, Iglesia Nueva Vida New Life Baptist Church reported a surplus of $11K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2019 |
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 Nueva Vida New Life Baptist Church with a Mission Score of 70 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Iglesia Nueva Vida New Life Baptist Church allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation was reported as 0% in the 2022 filing, suggesting that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which is common for smaller religious organizations.
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 Nueva Vida New Life Baptist Church's IRS 990 filings:
- NTEE Code is unknown, limiting understanding of programmatic focus.
- Discrepancy between 'Latest Revenue' ($0) and 2022 filing revenue ($77,119) could indicate incomplete or outdated data provided.
Strengths
The following positive indicators were identified for Iglesia Nueva Vida New Life Baptist Church:
- Operated with a surplus in 2022 ($10,771 net assets from $77,119 revenue and $66,348 expenses).
- No reported liabilities in 2022, indicating financial stability.
- 0% officer compensation reported in 2022, suggesting efficient use of funds for its mission.
Frequently Asked Questions about Iglesia Nueva Vida New Life Baptist Church
Is Iglesia Nueva Vida New Life Baptist Church a legitimate charity?
Iglesia Nueva Vida New Life Baptist Church (EIN: 202200828) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 70/100. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Iglesia Nueva Vida New Life Baptist Church spend its money?
Iglesia Nueva Vida New Life Baptist Church directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Iglesia Nueva Vida New Life Baptist Church tax-deductible?
Iglesia Nueva Vida New Life Baptist Church is registered as a tax-exempt nonprofit (EIN: 202200828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Iglesia Nueva Vida New Life Baptist Church's spending goes to programs?
Iglesia Nueva Vida New Life Baptist Church directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Iglesia Nueva Vida New Life Baptist Church located?
Iglesia Nueva Vida New Life Baptist Church is headquartered in Las Vegas, Nevada and files with the IRS under EIN 202200828.
Is Iglesia Nueva Vida New Life Baptist Church a good charity?
Based on the 2022 filing, the organization appears to be financially stable for its size, operating with a surplus and no liabilities. The 0% officer compensation is a positive indicator of resource allocation. However, without detailed program spending information, a full assessment of its charitable effectiveness is difficult.
What is the primary purpose of Iglesia Nueva Vida New Life Baptist Church?
As a Baptist Church, its primary purpose is likely religious worship, community outreach, and related charitable activities. However, the NTEE code is unknown, which limits specific understanding of its programmatic focus from the provided data.
How does the organization manage its finances?
In 2022, the organization generated $77,119 in revenue and spent $66,348, resulting in a net increase in assets to $10,771. This indicates sound financial management for its scale, as it operated within its means and built a small reserve.
Filing History
IRS 990 filing history for Iglesia Nueva Vida New Life Baptist Church showing financial trends over 1 year of public records:
In its most recent filing year (2022), Iglesia Nueva Vida New Life Baptist Church reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $77K | $66K | $11K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iglesia Nueva Vida New Life Baptist Church:
Data Sources and Methodology
This transparency report for Iglesia Nueva Vida New Life Baptist Church 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.