Koinonia Of Columbia Inc
EIN: 820598746 · Columbia, SC · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $123K |
| Total Expenses | $118K |
| Net Assets | $25K |
Is Koinonia Of Columbia Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Koinonia Of Columbia Inc
Koinonia Of Columbia Inc (EIN: 820598746) is a nonprofit organization based in Columbia, SC, classified under NTEE code S20. The organization reported total revenue of $123K and total assets of $154K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Koinonia Of Columbia Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Koinonia Of Columbia Inc is a small nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 27.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $118K |
| Surplus / Deficit | +$472 |
| Total Assets | $140K |
| Total Liabilities | $115K |
| Net Assets | $25K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 82.1% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2023, Koinonia Of Columbia Inc reported a surplus of $472 with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 82.1% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Koinonia Of Columbia Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | +13.1% | +0.8% |
| 2022 | +64.5% | +23.3% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Koinonia Of Columbia 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 Koinonia Of Columbia 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 surplus of $472, with revenue exceeding expenses.
- Debt-to-asset ratio: 82.1%.
Frequently Asked Questions about Koinonia Of Columbia Inc
Is Koinonia Of Columbia Inc a legitimate charity?
Koinonia Of Columbia Inc (EIN: 820598746) is a registered tax-exempt nonprofit based in South Carolina. It has 3 years of IRS 990 filings on record. Total revenue: $123K. No red flags identified. Financial health grade: A.
How does Koinonia Of Columbia Inc spend its money?
Koinonia Of Columbia Inc reported $123K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Koinonia Of Columbia Inc tax-deductible?
Koinonia Of Columbia Inc is registered as a tax-exempt nonprofit (EIN: 820598746). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Koinonia Of Columbia Inc located?
Koinonia Of Columbia Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 820598746. It is classified under NTEE code S20.
How many years of IRS 990 filings does Koinonia Of Columbia Inc have?
Koinonia Of Columbia Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $123K in total revenue.
Filing History
IRS 990 filing history for Koinonia Of Columbia Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Koinonia Of Columbia Inc's revenue has grown by 63.4%, moving from $72K to $118K. Total assets decreased by 0.9% over the same period, from $141K to $140K. Total functional expenses rose by 39.4%, from $84K to $118K. In its most recent filing year (2023), Koinonia Of Columbia Inc reported a surplus of $472, with revenue exceeding expenses. The organization holds $115K in liabilities against $140K in assets (debt-to-asset ratio: 82.1%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $118K | $140K | $115K | — | — |
| 2022 | $119K | $104K | $139K | $114K | — | — |
| 2021 | $72K | $84K | $141K | $131K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $118K, and assets of $140K (revenue -0.7% year-over-year).
- 2022: Revenue of $119K, expenses of $104K, and assets of $139K (revenue +64.5% year-over-year).
- 2021: Revenue of $72K, expenses of $84K, and assets of $141K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Koinonia Of Columbia Inc:
Data Sources and Methodology
This transparency report for Koinonia Of Columbia 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.