Indian Christian Orthodox Network Charities Inc

Indian Christian Orthodox Network Charities Inc consistently reports 0% officer compensation but has operated with expenses exceeding revenues in recent years.

EIN: 202966676 · Bettendorf, IA · NTEE: T30 · Updated: 2026-03-28

$714KRevenue
$790KAssets
75/100Mission Score (Good)
T30
Indian Christian Orthodox Network Charities Inc Financial Summary
MetricValue
Total Revenue$714K
Total Expenses$182K
Program Spending80%
CEO/Top Officer Pay$713,588.
Net Assets$0
Transparency Score75/100

Is Indian Christian Orthodox Network Charities Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Indian Christian Orthodox Network Charities Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Indian Christian Orthodox Network Charities Inc

Indian Christian Orthodox Network Charities Inc (EIN: 202966676) is a nonprofit organization based in Bettendorf, IA, classified under NTEE code T30. The organization reported total revenue of $714K and total assets of $790K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indian Christian Orthodox Network Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Indian Christian Orthodox Network Charities Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$126K
Total Expenses$182K
Surplus / Deficit$-56,243
Total Assets$242K
Total Liabilities$242K
Net Assets$0
Operating Margin-44.6%
Debt-to-Asset Ratio100.0%
Months of Reserves15.9 months

Financial Health Grade: C

In 2023, Indian Christian Orthodox Network Charities Inc reported a deficit of $56K with expenses exceeding revenue, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Indian Christian Orthodox Network Charities Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-45.0%-37.7%-19.7%
2022+9.7%+6.2%+87.1%
2021+40.8%+85.9%-30.8%
2020-54.1%-61.5%+43.6%
2019+13.3%+95.4%-27.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Indian Christian Orthodox Network Charities Inc (ICON Charities) demonstrates a consistent operational pattern, with revenues and expenses fluctuating over the past decade. The organization's latest reported revenue is $713,588, with assets of $790,061. A notable trend in recent years (2021-2023) is that expenses have exceeded revenues, leading to a decrease in net assets. For example, in 2023, expenses were $182,366 against revenues of $126,123, and in 2022, expenses were $292,630 against revenues of $229,252. This indicates a reliance on prior period reserves or an increase in liabilities to cover operational costs. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and efficient use of donor funds in this specific area. However, the consistent reporting of liabilities matching assets in the most recent three periods (2021-2023) suggests a potential issue with solvency or how assets and liabilities are being reported, as it implies no net assets. Further investigation into the nature of these liabilities would be beneficial for a complete financial picture. The NTEE code T30 indicates a focus on Christian activities, which aligns with the organization's name.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Indian Christian Orthodox Network Charities Inc with a Mission Score of 75 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: 80%
  • fundraising: 5%

According to IRS 990 filings, Indian Christian Orthodox Network Charities Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$126KTotal Revenue
$182KTotal Expenses
$242KTotal Assets
$242KTotal Liabilities
$0Net Assets
  • The organization reported a deficit of $56K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 100.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with latest revenue of $713,588.

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 Indian Christian Orthodox Network Charities Inc's IRS 990 filings:

  • Expenses consistently exceeding revenue in recent years (2021-2023), indicating potential financial strain or reliance on reserves.
  • Liabilities consistently matching assets in recent filings (2021-2023), which could imply no net assets or an unusual accounting structure.

Strengths

The following positive indicators were identified for Indian Christian Orthodox Network Charities Inc:

  • Consistent 0% officer compensation across all filings, demonstrating strong volunteer leadership and efficient use of funds for executive roles.
  • Long filing history (13 filings), indicating sustained operation and compliance with IRS reporting requirements.
  • Significant latest revenue of $713,588, suggesting a capacity to attract substantial donations.

Frequently Asked Questions about Indian Christian Orthodox Network Charities Inc

Is Indian Christian Orthodox Network Charities Inc a legitimate charity?

Indian Christian Orthodox Network Charities Inc (EIN: 202966676) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $714K. 2 red flags identified. 3 strengths noted. Financial health grade: C.

How does Indian Christian Orthodox Network Charities Inc spend its money?

Indian Christian Orthodox Network Charities Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Indian Christian Orthodox Network Charities Inc tax-deductible?

Indian Christian Orthodox Network Charities Inc is registered as a tax-exempt nonprofit (EIN: 202966676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Indian Christian Orthodox Network Charities Inc CEO make?

Indian Christian Orthodox Network Charities Inc's highest-compensated officer earns $713,588. annually. The organization reported $714K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Indian Christian Orthodox Network Charities Inc's spending goes to programs?

Indian Christian Orthodox Network Charities Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Indian Christian Orthodox Network Charities Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), Indian Christian Orthodox Network Charities Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Indian Christian Orthodox Network Charities Inc located?

Indian Christian Orthodox Network Charities Inc is headquartered in Bettendorf, Iowa and files with the IRS under EIN 202966676. It is classified under NTEE code T30.

How many years of IRS 990 filings does Indian Christian Orthodox Network Charities Inc have?

Indian Christian Orthodox Network Charities Inc 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 $714K in total revenue.

Why do liabilities consistently match assets in recent filings (2021-2023)?

The consistent reporting of liabilities equaling assets in the 2021, 2022, and 2023 filings suggests that the organization may have no net assets or that there's a specific accounting practice in place that warrants further clarification to understand its true financial position.

How does the organization cover its expenses when they exceed revenue?

In periods where expenses exceed revenue, such as 2023 ($182,366 expenses vs. $126,123 revenue) and 2022 ($292,630 expenses vs. $229,252 revenue), the organization would be drawing from prior period reserves or increasing its liabilities to cover the deficit.

What is the nature of the organization's program spending?

Given the NTEE code T30 (Christian activities) and the organization's name, program spending likely focuses on religious, charitable, or educational initiatives aligned with Christian Orthodox principles, though specific program details are not available in the provided data.

Filing History

IRS 990 filing history for Indian Christian Orthodox Network Charities Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Indian Christian Orthodox Network Charities Inc's revenue has grown by 54.8%, moving from $81K to $126K. Total assets increased by 454.8% over the same period, from $44K to $242K. Total functional expenses rose by 196.3%, from $62K to $182K. In its most recent filing year (2023), Indian Christian Orthodox Network Charities Inc reported a deficit of $56K, with expenses exceeding revenue. The organization holds $242K in liabilities against $242K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $126K $182K $242K $242K
2022 $229K $293K $302K $302K View 990
2021 $209K $275K $161K $161K View 990
2020 $148K $148K $233K $233K View 990
2019 $324K $384K $162K $0 View 990
2018 $286K $197K $223K $0 View 990
2017 $284K $253K $134K $0
2016 $244K $262K $104K $25K View 990
2015 $252K $192K $122K $47K View 990
2014 $196K $177K $62K $0 View 990
2013 $108K $93K $43K $0 View 990
2012 $82K $98K $27K $0 View 990
2011 $81K $62K $44K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $126K, expenses of $182K, and assets of $242K (revenue -45.0% year-over-year).
  • 2022: Revenue of $229K, expenses of $293K, and assets of $302K (revenue +9.7% year-over-year).
  • 2021: Revenue of $209K, expenses of $275K, and assets of $161K (revenue +40.8% year-over-year).
  • 2020: Revenue of $148K, expenses of $148K, and assets of $233K (revenue -54.1% year-over-year).
  • 2019: Revenue of $324K, expenses of $384K, and assets of $162K (revenue +13.3% year-over-year).
  • 2018: Revenue of $286K, expenses of $197K, and assets of $223K (revenue +0.7% year-over-year).
  • 2017: Revenue of $284K, expenses of $253K, and assets of $134K (revenue +16.3% year-over-year).
  • 2016: Revenue of $244K, expenses of $262K, and assets of $104K (revenue -3.3% year-over-year).
  • 2015: Revenue of $252K, expenses of $192K, and assets of $122K (revenue +28.5% year-over-year).
  • 2014: Revenue of $196K, expenses of $177K, and assets of $62K (revenue +81.4% year-over-year).
  • 2013: Revenue of $108K, expenses of $93K, and assets of $43K (revenue +32.5% year-over-year).
  • 2012: Revenue of $82K, expenses of $98K, and assets of $27K (revenue +0.2% year-over-year).
  • 2011: Revenue of $81K, expenses of $62K, and assets of $44K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Indian Christian Orthodox Network Charities Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Indian Christian Orthodox Network Charities 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.

Other Nonprofits in Iowa

Explore more nonprofits based in Iowa with AI-powered transparency reports.

View all Iowa nonprofits →

Similar Organizations (NTEE T30)

Other nonprofits classified under NTEE code T30.

View all T30 nonprofits →

Explore Related Nonprofits

Browse by State