Kingdom Fellowship Covenant Ministries Inc
EIN: 522030029 · Baltimore, MD · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $231K |
| Total Expenses | $421K |
| Net Assets | $-448,957 |
Is Kingdom Fellowship Covenant Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kingdom Fellowship Covenant Ministries Inc
Kingdom Fellowship Covenant Ministries Inc (EIN: 522030029) is a nonprofit organization based in Baltimore, MD, classified under NTEE code X21. The organization reported total revenue of $231K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingdom Fellowship Covenant Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingdom Fellowship Covenant Ministries Inc 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 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $329K |
| Total Expenses | $421K |
| Surplus / Deficit | $-91,767 |
| Total Assets | $18K |
| Total Liabilities | $467K |
| Net Assets | $-448,957 |
| Operating Margin | -27.9% |
| Debt-to-Asset Ratio | 2555.3% |
| Months of Reserves | 0.5 months |
Financial Health Grade: D
In 2023, Kingdom Fellowship Covenant Ministries Inc reported a deficit of $92K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 2555.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kingdom Fellowship Covenant Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +89.5% | +79.4% | -92.2% |
| 2022 | +238.9% | +165.3% | +87.6% |
| 2021 | -62.8% | -36.5% | +43.7% |
| 2020 | -37.6% | -36.6% | +585.9% |
| 2019 | +10.7% | +17.4% | +224.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kingdom Fellowship Covenant Ministries Inc 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 Kingdom Fellowship Covenant Ministries Inc 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 deficit of $92K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2555.3%.
Frequently Asked Questions about Kingdom Fellowship Covenant Ministries Inc
Is Kingdom Fellowship Covenant Ministries Inc a legitimate charity?
Kingdom Fellowship Covenant Ministries Inc (EIN: 522030029) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $231K. No red flags identified. Financial health grade: D.
How does Kingdom Fellowship Covenant Ministries Inc spend its money?
Kingdom Fellowship Covenant Ministries Inc reported $231K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kingdom Fellowship Covenant Ministries Inc tax-deductible?
Kingdom Fellowship Covenant Ministries Inc is registered as a tax-exempt nonprofit (EIN: 522030029). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kingdom Fellowship Covenant Ministries Inc located?
Kingdom Fellowship Covenant Ministries Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 522030029. It is classified under NTEE code X21.
How many years of IRS 990 filings does Kingdom Fellowship Covenant Ministries Inc have?
Kingdom Fellowship Covenant Ministries 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 $231K in total revenue.
Filing History
IRS 990 filing history for Kingdom Fellowship Covenant Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kingdom Fellowship Covenant Ministries Inc's revenue has grown by 303.8%, moving from $81K to $329K. Total assets decreased by 85.4% over the same period, from $125K to $18K. Total functional expenses rose by 62.1%, from $260K to $421K. In its most recent filing year (2023), Kingdom Fellowship Covenant Ministries Inc reported a deficit of $92K, with expenses exceeding revenue. The organization holds $467K in liabilities against $18K in assets (debt-to-asset ratio: 2555.3%), resulting in net assets of $-448,957.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $329K | $421K | $18K | $467K | — | — |
| 2022 | $174K | $235K | $234K | $444K | — | — |
| 2021 | $51K | $88K | $125K | $173K | — | View 990 |
| 2020 | $138K | $139K | $87K | $86K | — | — |
| 2019 | $220K | $219K | $13K | $10K | — | View 990 |
| 2018 | $199K | $187K | $4K | $2K | — | View 990 |
| 2017 | $198K | $203K | $2K | $11K | — | View 990 |
| 2016 | $218K | $213K | $1K | $6K | — | View 990 |
| 2015 | $190K | $192K | $2K | $11K | — | View 990 |
| 2014 | $293K | $231K | $8K | $17K | — | View 990 |
| 2013 | $215K | $257K | $17K | $22K | — | View 990 |
| 2012 | $273K | $220K | $82K | $42K | — | View 990 |
| 2011 | $81K | $260K | $125K | $98K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $329K, expenses of $421K, and assets of $18K (revenue +89.5% year-over-year).
- 2022: Revenue of $174K, expenses of $235K, and assets of $234K (revenue +238.9% year-over-year).
- 2021: Revenue of $51K, expenses of $88K, and assets of $125K (revenue -62.8% year-over-year).
- 2020: Revenue of $138K, expenses of $139K, and assets of $87K (revenue -37.6% year-over-year).
- 2019: Revenue of $220K, expenses of $219K, and assets of $13K (revenue +10.7% year-over-year).
- 2018: Revenue of $199K, expenses of $187K, and assets of $4K (revenue +0.5% year-over-year).
- 2017: Revenue of $198K, expenses of $203K, and assets of $2K (revenue -9.0% year-over-year).
- 2016: Revenue of $218K, expenses of $213K, and assets of $1K (revenue +14.3% year-over-year).
- 2015: Revenue of $190K, expenses of $192K, and assets of $2K (revenue -35.1% year-over-year).
- 2014: Revenue of $293K, expenses of $231K, and assets of $8K (revenue +36.1% year-over-year).
- 2013: Revenue of $215K, expenses of $257K, and assets of $17K (revenue -21.3% year-over-year).
- 2012: Revenue of $273K, expenses of $220K, and assets of $82K (revenue +235.5% year-over-year).
- 2011: Revenue of $81K, expenses of $260K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingdom Fellowship Covenant Ministries Inc:
Data Sources and Methodology
This transparency report for Kingdom Fellowship Covenant Ministries 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.