Lake Springfield Christian Assembly
EIN: 376005679 · Chatham, IL · NTEE: N20
| Metric | Value |
|---|---|
| Total Revenue | $952K |
| Total Expenses | $657K |
| Net Assets | $298K |
Is Lake Springfield Christian Assembly Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake Springfield Christian Assembly
Lake Springfield Christian Assembly (EIN: 376005679) is a nonprofit organization based in Chatham, IL, classified under NTEE code N20. The organization reported total revenue of $952K and total assets of $573K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Springfield Christian Assembly's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Springfield Christian Assembly is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $801K |
| Total Expenses | $657K |
| Surplus / Deficit | +$144K |
| Total Assets | $298K |
| Net Assets | $298K |
| Operating Margin | 17.9% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Lake Springfield Christian Assembly reported a surplus of $144K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Lake Springfield Christian Assembly's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.1% | +19.2% | +94.3% |
| 2022 | +7.6% | +16.3% | -5.0% |
| 2021 | +10.8% | +28.2% | +15.8% |
| 2020 | -19.8% | -35.7% | +133.7% |
| 2019 | +2.5% | +6.2% | -16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Springfield Christian Assembly 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 Lake Springfield Christian Assembly 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 $144K, with revenue exceeding expenses.
Frequently Asked Questions about Lake Springfield Christian Assembly
Is Lake Springfield Christian Assembly a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Springfield Christian Assembly (EIN: 376005679) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lake Springfield Christian Assembly spend its money?
Detailed spending breakdown data is not yet available for Lake Springfield Christian Assembly. Check back for updated IRS 990 analysis.
Are donations to Lake Springfield Christian Assembly tax-deductible?
Lake Springfield Christian Assembly is registered as a tax-exempt nonprofit (EIN: 376005679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Springfield Christian Assembly located?
Lake Springfield Christian Assembly is headquartered in Chatham, Illinois and files with the IRS under EIN 376005679. It is classified under NTEE code N20.
How many years of IRS 990 filings does Lake Springfield Christian Assembly have?
Lake Springfield Christian Assembly 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 $952K in total revenue.
Filing History
IRS 990 filing history for Lake Springfield Christian Assembly showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lake Springfield Christian Assembly's revenue has grown by 68.1%, moving from $476K to $801K. Total assets increased by 203.1% over the same period, from $98K to $298K. Total functional expenses rose by 38.7%, from $474K to $657K. In its most recent filing year (2023), Lake Springfield Christian Assembly reported a surplus of $144K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $801K | $657K | $298K | $0 | — | — |
| 2022 | $533K | $551K | $153K | $0 | — | View 990 |
| 2021 | $496K | $474K | $161K | $0 | — | View 990 |
| 2020 | $447K | $370K | $139K | $0 | — | — |
| 2019 | $558K | $574K | $60K | $5K | — | View 990 |
| 2018 | $545K | $541K | $71K | $0 | — | View 990 |
| 2017 | $586K | $593K | $67K | $0 | — | View 990 |
| 2016 | $489K | $473K | $74K | $53 | — | View 990 |
| 2015 | $647K | $773K | $58K | $0 | — | View 990 |
| 2014 | $587K | $708K | $184K | $0 | — | View 990 |
| 2013 | $667K | $487K | $306K | $0 | — | View 990 |
| 2012 | $666K | $638K | $127K | $0 | — | View 990 |
| 2011 | $476K | $474K | $98K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $801K, expenses of $657K, and assets of $298K (revenue +50.1% year-over-year).
- 2022: Revenue of $533K, expenses of $551K, and assets of $153K (revenue +7.6% year-over-year).
- 2021: Revenue of $496K, expenses of $474K, and assets of $161K (revenue +10.8% year-over-year).
- 2020: Revenue of $447K, expenses of $370K, and assets of $139K (revenue -19.8% year-over-year).
- 2019: Revenue of $558K, expenses of $574K, and assets of $60K (revenue +2.5% year-over-year).
- 2018: Revenue of $545K, expenses of $541K, and assets of $71K (revenue -7.1% year-over-year).
- 2017: Revenue of $586K, expenses of $593K, and assets of $67K (revenue +19.9% year-over-year).
- 2016: Revenue of $489K, expenses of $473K, and assets of $74K (revenue -24.4% year-over-year).
- 2015: Revenue of $647K, expenses of $773K, and assets of $58K (revenue +10.2% year-over-year).
- 2014: Revenue of $587K, expenses of $708K, and assets of $184K (revenue -12.0% year-over-year).
- 2013: Revenue of $667K, expenses of $487K, and assets of $306K (revenue +0.1% year-over-year).
- 2012: Revenue of $666K, expenses of $638K, and assets of $127K (revenue +39.9% year-over-year).
- 2011: Revenue of $476K, expenses of $474K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Springfield Christian Assembly:
Data Sources and Methodology
This transparency report for Lake Springfield Christian Assembly 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.