Independent Baptist Misssion For West Virginia Incorporated
Independent Baptist Mission For West Virginia Incorporated maintains stable, debt-free operations with fluctuating revenues and expenses, reporting no officer compensation.
EIN: 202794196 · Red House, WV · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $128K |
| Total Expenses | $106K |
| Program Spending | 85% |
| Net Assets | $15K |
| Transparency Score | 70/100 |
Is Independent Baptist Misssion For West Virginia Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Independent Baptist Misssion For West Virginia Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Independent Baptist Misssion For West Virginia Incorporated
Independent Baptist Misssion For West Virginia Incorporated (EIN: 202794196) is a nonprofit organization based in Red House, WV. The organization reported total revenue of $128K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent Baptist Misssion For West Virginia Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Independent Baptist Misssion For West Virginia Incorporated is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $106K |
| Surplus / Deficit | +$8K |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | 6.8% |
| Months of Reserves | 1.7 months |
Financial Health Grade: A
In 2023, Independent Baptist Misssion For West Virginia Incorporated reported a surplus of $8K with revenue exceeding expenses, holds 1.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Independent Baptist Misssion For West Virginia Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.9% | -11.6% | +104.1% |
| 2022 | -15.2% | +37.4% | -83.7% |
| 2021 | -17.8% | -23.3% | +25.9% |
| 2020 | +29.1% | +17.2% | +11.8% |
| 2019 | -29.4% | -20.0% | -15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Independent Baptist Misssion For West Virginia Incorporated 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Independent Baptist Misssion For West Virginia Incorporated 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 surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990-EZ, which is a positive for minimizing administrative overhead for an organization of this size.
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 Independent Baptist Misssion For West Virginia Incorporated's IRS 990 filings:
- Periods of deficit spending (e.g., 2022: Expenses $119,430 vs. Revenue $81,586)
- Lack of detailed expense breakdown in provided data, hindering full spending efficiency analysis
- Fluctuating revenue and expenses, indicating potential variability in funding or operational needs
Strengths
The following positive indicators were identified for Independent Baptist Misssion For West Virginia Incorporated:
- Consistent reporting of 0% officer compensation, suggesting low administrative overhead at the executive level
- Consistently reports $0 in liabilities, indicating a debt-free and financially prudent operation
- Regular IRS 990 filings demonstrate commitment to compliance and basic transparency
- Stable operational scale over a decade, with revenues generally covering expenses
Frequently Asked Questions about Independent Baptist Misssion For West Virginia Incorporated
Is Independent Baptist Misssion For West Virginia Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Independent Baptist Misssion For West Virginia Incorporated (EIN: 202794196) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does Independent Baptist Misssion For West Virginia Incorporated spend its money?
Independent Baptist Misssion For West Virginia Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Independent Baptist Misssion For West Virginia Incorporated tax-deductible?
Independent Baptist Misssion For West Virginia Incorporated is registered as a tax-exempt nonprofit (EIN: 202794196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Independent Baptist Misssion For West Virginia Incorporated's spending goes to programs?
Independent Baptist Misssion For West Virginia Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Independent Baptist Misssion For West Virginia Incorporated located?
Independent Baptist Misssion For West Virginia Incorporated is headquartered in Red House, West Virginia and files with the IRS under EIN 202794196.
How many years of IRS 990 filings does Independent Baptist Misssion For West Virginia Incorporated have?
Independent Baptist Misssion For West Virginia Incorporated has 13 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 $128K in total revenue.
Is Independent Baptist Mission For West Virginia Incorporated financially stable?
The organization appears generally stable, with revenues typically covering expenses. However, there have been periods of deficit spending, such as in 2022 where expenses ($119,430) exceeded revenue ($81,586). Its consistent debt-free status (Liabilities=$0) is a strong indicator of financial prudence.
How efficient is Independent Baptist Mission For West Virginia Incorporated's spending?
Without detailed expense breakdowns beyond officer compensation, a precise efficiency assessment is challenging. However, the consistent 0% officer compensation suggests a lean administrative structure at the top. Assuming most expenses are program-related, efficiency could be good, but this cannot be confirmed from the provided data.
What is the trend in the organization's assets?
Assets have fluctuated over the years, from a low of $5,565 in 2014 to a high of $45,204 in 2021, currently standing at $22,680. This indicates a modest asset base, suggesting resources are primarily used for ongoing operations rather than significant accumulation.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating a debt-free operation.
How transparent is Independent Baptist Mission For West Virginia Incorporated?
The organization demonstrates moderate transparency through consistent IRS 990 filings. However, the summary data provided lacks detailed breakdowns of program vs. administrative expenses, which limits a deeper understanding of its operational efficiency and impact.
Filing History
IRS 990 filing history for Independent Baptist Misssion For West Virginia Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Independent Baptist Misssion For West Virginia Incorporated's revenue has grown by 4.8%, moving from $108K to $113K. Total assets increased by 236.9% over the same period, from $4K to $15K. Total functional expenses rose by 0.7%, from $105K to $106K. In its most recent filing year (2023), Independent Baptist Misssion For West Virginia Incorporated reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $106K | $15K | $0 | — | View 990 |
| 2022 | $82K | $119K | $7K | $0 | — | View 990 |
| 2021 | $96K | $87K | $45K | $0 | — | View 990 |
| 2020 | $117K | $113K | $36K | $0 | — | View 990 |
| 2019 | $91K | $97K | $32K | $0 | — | View 990 |
| 2018 | $129K | $121K | $38K | $0 | — | View 990 |
| 2017 | $104K | $97K | $7K | $0 | — | View 990 |
| 2016 | $121K | $109K | $23K | $0 | — | View 990 |
| 2015 | $108K | $103K | $11K | $0 | — | View 990 |
| 2014 | $95K | $103K | $6K | $0 | — | View 990 |
| 2013 | $144K | $133K | $14K | $0 | — | View 990 |
| 2012 | $156K | $158K | $2K | $0 | — | View 990 |
| 2011 | $108K | $105K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $106K, and assets of $15K (revenue +38.9% year-over-year).
- 2022: Revenue of $82K, expenses of $119K, and assets of $7K (revenue -15.2% year-over-year).
- 2021: Revenue of $96K, expenses of $87K, and assets of $45K (revenue -17.8% year-over-year).
- 2020: Revenue of $117K, expenses of $113K, and assets of $36K (revenue +29.1% year-over-year).
- 2019: Revenue of $91K, expenses of $97K, and assets of $32K (revenue -29.4% year-over-year).
- 2018: Revenue of $129K, expenses of $121K, and assets of $38K (revenue +23.5% year-over-year).
- 2017: Revenue of $104K, expenses of $97K, and assets of $7K (revenue -14.3% year-over-year).
- 2016: Revenue of $121K, expenses of $109K, and assets of $23K (revenue +12.2% year-over-year).
- 2015: Revenue of $108K, expenses of $103K, and assets of $11K (revenue +13.4% year-over-year).
- 2014: Revenue of $95K, expenses of $103K, and assets of $6K (revenue -33.9% year-over-year).
- 2013: Revenue of $144K, expenses of $133K, and assets of $14K (revenue -7.2% year-over-year).
- 2012: Revenue of $156K, expenses of $158K, and assets of $2K (revenue +43.9% year-over-year).
- 2011: Revenue of $108K, expenses of $105K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Independent Baptist Misssion For West Virginia Incorporated:
Data Sources and Methodology
This transparency report for Independent Baptist Misssion For West Virginia Incorporated 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.