Immanuel Church Foundation For The Elderly Inc
Immanuel Church Foundation For The Elderly Inc: Low Revenue, High Asset Base, and Minimal Program Spending
EIN: 222480380 · Hartford, CT · NTEE: P99 · Updated: 2026-04-04
Is Immanuel Church Foundation For The Elderly Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Immanuel Church Foundation For The Elderly Inc directs 10% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Immanuel Church Foundation For The Elderly Inc
Immanuel Church Foundation For The Elderly Inc (EIN: 222480380) is a nonprofit organization based in Hartford, CT, classified under NTEE code P99. The organization reported total revenue of $53K and total assets of $545K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Immanuel Church Foundation For The Elderly Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Immanuel Church Foundation For The Elderly Inc is a micro nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $9K |
| Surplus / Deficit | +$46K |
| Total Assets | $527K |
| Net Assets | $527K |
| Operating Margin | 83.9% |
| Months of Reserves | 719.0 months |
Financial Health Grade: A
In 2023, Immanuel Church Foundation For The Elderly Inc reported a surplus of $46K with revenue exceeding expenses, holds 719.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Immanuel Church Foundation For The Elderly Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +123.3% | -89.4% | +6.2% |
| 2022 | -51.6% | +2346.4% | -18.5% |
| 2021 | +66.9% | +232.2% | +4.4% |
| 2020 | -58.7% | -97.7% | +9.5% |
| 2019 | +175.6% | +3400.9% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Immanuel Church Foundation For The Elderly Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 80%
- programs: 10%
- fundraising: 10%
According to IRS 990 filings, Immanuel Church Foundation For The Elderly Inc allocates its expenses as follows: admin: 80%, programs: 10%, fundraising: 10%. Only 10% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $46K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are reported in the provided financial data, suggesting either volunteer leadership or compensation below reporting thresholds.
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 Immanuel Church Foundation For The Elderly Inc's IRS 990 filings:
- In 2023, with revenue of $54,500, only $8,789 was spent on expenses, indicating a very low operational activity relative to its asset base.
- The organization consistently reports 0% for lobbying and political campaign activities, which is positive, but overall program spending is extremely low.
- Total assets have grown from $429,154 in 2016 to $526,635 in 2023, while program spending remains minimal, raising questions about asset utilization for its stated mission.
Strengths
The following positive indicators were identified for Immanuel Church Foundation For The Elderly Inc:
- The organization maintains a substantial asset base, with $526,635 in 2023, providing a strong financial foundation.
- Consistent reporting of 0% for lobbying and political campaign activities indicates a focus away from political influence.
- The organization has consistently maintained a positive asset balance over the years provided.
Frequently Asked Questions about Immanuel Church Foundation For The Elderly Inc
Is Immanuel Church Foundation For The Elderly Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Immanuel Church Foundation For The Elderly Inc (EIN: 222480380) significant concerns. Mission Score: 20/100. 3 red flags identified, 3 strengths noted.
How does Immanuel Church Foundation For The Elderly Inc spend its money?
Immanuel Church Foundation For The Elderly Inc directs 10% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Immanuel Church Foundation For The Elderly Inc tax-deductible?
Immanuel Church Foundation For The Elderly Inc is registered as a tax-exempt nonprofit (EIN: 222480380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Immanuel Church Foundation For The Elderly Inc do?
Immanuel Church Foundation For The Elderly Inc is a nonprofit organization in the Human Services sector, located in Hartford, Connecticut. It is classified under NTEE code P99.
How much revenue does Immanuel Church Foundation For The Elderly Inc have?
Immanuel Church Foundation For The Elderly Inc reported total revenue of $52,765. Based on 12 IRS 990 filings on record.
What are Immanuel Church Foundation For The Elderly Inc's total assets?
Immanuel Church Foundation For The Elderly Inc holds total assets of $545,204 as reported in IRS 990 filings.
Where is Immanuel Church Foundation For The Elderly Inc located?
Immanuel Church Foundation For The Elderly Inc is based in Hartford, Connecticut.
What is Immanuel Church Foundation For The Elderly Inc's EIN?
Immanuel Church Foundation For The Elderly Inc's Employer Identification Number (EIN) is 222480380. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Immanuel Church Foundation For The Elderly Inc?
Immanuel Church Foundation For The Elderly Inc is classified under NTEE code P99 (Human Services).
Is Immanuel Church Foundation For The Elderly Inc a registered 501(c)(3)?
Yes, Immanuel Church Foundation For The Elderly Inc is recognized as a tax-exempt organization by the IRS. EIN: 222480380.
Does Immanuel Church Foundation For The Elderly Inc file IRS Form 990?
Yes, Immanuel Church Foundation For The Elderly Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Immanuel Church Foundation For The Elderly Inc's revenue in 2023?
In the 202312 filing period, Immanuel Church Foundation For The Elderly Inc reported total revenue of $54,500, total expenses of $8,789, and net assets of $526,635.
Is Immanuel Church Foundation For The Elderly Inc's revenue growing or declining?
Immanuel Church Foundation For The Elderly Inc's revenue is growing. Revenue went from $24,408 (202212) to $54,500 (202312), a +123.3% change. Based on 12 filings on record.
What is Immanuel Church Foundation For The Elderly Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Immanuel Church Foundation For The Elderly Inc covers tax period 202312. It shows revenue of $54,500, expenses of $8,789, total assets of $526,635, and liabilities of N/A.
How much does Immanuel Church Foundation For The Elderly Inc spend on programs vs administration?
Based on IRS 990 analysis, Immanuel Church Foundation For The Elderly Inc allocates approximately 10% of expenses to program services, 80% to administrative costs, and 10% to fundraising. Overhead costs appear high relative to program spending.
Is Immanuel Church Foundation For The Elderly Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Immanuel Church Foundation For The Elderly Inc has notable concerns. Mission Score: 20/100 (Poor). 3 red flags identified. 3 strengths noted.
What are the red flags for Immanuel Church Foundation For The Elderly Inc?
The following concerns were identified: In 2023, with revenue of $54,500, only $8,789 was spent on expenses, indicating a very low operational activity relative to its asset base.. The organization consistently reports 0% for lobbying and political campaign activities, which is positive, but overall program spending is extremely low.. Total assets have grown from $429,154 in 2016 to $526,635 in 2023, while program spending remains minimal, raising questions about asset utilization for its stated mission.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Immanuel Church Foundation For The Elderly Inc's strengths?
Positive indicators for Immanuel Church Foundation For The Elderly Inc include: The organization maintains a substantial asset base, with $526,635 in 2023, providing a strong financial foundation.. Consistent reporting of 0% for lobbying and political campaign activities indicates a focus away from political influence.. The organization has consistently maintained a positive asset balance over the years provided.. These findings are derived from AI analysis of the organization's financial filings.
How does Immanuel Church Foundation For The Elderly Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are reported in the provided financial data, suggesting either volunteer leadership or compensation below reporting thresholds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'For The Elderly' mission, how does the organization justify its minimal program expenses (e.g., $8,789 in 2023) while holding over half a million dollars in assets?
The provided data does not offer a direct justification. The low expense figures suggest either very limited direct services, significant administrative overhead, or a focus on long-term asset growth rather than immediate program delivery.
What specific programs or services are being delivered to the elderly, considering the consistently low reported expenses?
The financial data alone does not detail specific programs or services. The low expense figures make it difficult to ascertain the nature or scale of any direct support provided to the elderly.
Filing History
IRS 990 filing history for Immanuel Church Foundation For The Elderly Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Immanuel Church Foundation For The Elderly Inc's revenue has grown by 48%, moving from $37K to $55K. Total assets increased by 45.5% over the same period, from $362K to $527K. Total functional expenses rose by 26.9%, from $7K to $9K. In its most recent filing year (2023), Immanuel Church Foundation For The Elderly Inc reported a surplus of $46K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $9K | $527K | $0 | — | — |
| 2022 | $24K | $83K | $496K | $0 | — | — |
| 2021 | $50K | $3K | $608K | $0 | — | — |
| 2020 | $30K | $1K | $583K | $0 | — | View 990 |
| 2019 | $73K | $45K | $532K | $0 | — | View 990 |
| 2018 | $27K | $1K | $479K | $0 | — | View 990 |
| 2017 | $28K | $3K | $454K | $0 | — | View 990 |
| 2016 | $28K | $4K | $429K | $0 | — | View 990 |
| 2015 | $25K | $30K | $405K | $0 | — | View 990 |
| 2014 | $20K | $31K | $410K | $0 | — | View 990 |
| 2013 | $31K | $21K | $412K | $0 | — | View 990 |
| 2012 | $37K | $7K | $362K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $9K, and assets of $527K (revenue +123.3% year-over-year).
- 2022: Revenue of $24K, expenses of $83K, and assets of $496K (revenue -51.6% year-over-year).
- 2021: Revenue of $50K, expenses of $3K, and assets of $608K (revenue +66.9% year-over-year).
- 2020: Revenue of $30K, expenses of $1K, and assets of $583K (revenue -58.7% year-over-year).
- 2019: Revenue of $73K, expenses of $45K, and assets of $532K (revenue +175.6% year-over-year).
- 2018: Revenue of $27K, expenses of $1K, and assets of $479K (revenue -6.5% year-over-year).
- 2017: Revenue of $28K, expenses of $3K, and assets of $454K (revenue +0.2% year-over-year).
- 2016: Revenue of $28K, expenses of $4K, and assets of $429K (revenue +13.4% year-over-year).
- 2015: Revenue of $25K, expenses of $30K, and assets of $405K (revenue +27.4% year-over-year).
- 2014: Revenue of $20K, expenses of $31K, and assets of $410K (revenue -37.3% year-over-year).
- 2013: Revenue of $31K, expenses of $21K, and assets of $412K (revenue -14.9% year-over-year).
- 2012: Revenue of $37K, expenses of $7K, and assets of $362K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Immanuel Church Foundation For The Elderly Inc:
Data Sources and Methodology
This transparency report for Immanuel Church Foundation For The Elderly 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.