Lincolnshire Korean Evengelical Church Of America
EIN: 364179877 · Lincolnshire, IL · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $544K |
| Total Expenses | $291K |
| Net Assets | $558K |
Is Lincolnshire Korean Evengelical Church Of America Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lincolnshire Korean Evengelical Church Of America
Lincolnshire Korean Evengelical Church Of America (EIN: 364179877) is a nonprofit organization based in Lincolnshire, IL, classified under NTEE code X99. The organization reported total revenue of $544K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincolnshire Korean Evengelical Church Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincolnshire Korean Evengelical Church Of America is a small nonprofit that has been operating for 27 years, with 4 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $299K |
| Total Expenses | $291K |
| Surplus / Deficit | +$8K |
| Total Assets | $898K |
| Total Liabilities | $340K |
| Net Assets | $558K |
| Operating Margin | 2.6% |
| Debt-to-Asset Ratio | 37.8% |
| Months of Reserves | 37.0 months |
Financial Health Grade: A
In 2023, Lincolnshire Korean Evengelical Church Of America reported a surplus of $8K with revenue exceeding expenses, holds 37.0 months of operating reserves (strong position), has a debt-to-asset ratio of 37.8% (moderate leverage).
Financial Trends
Over 4 years of filings (2010–2023), Lincolnshire Korean Evengelical Church Of America's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +158.7% | +89.2% | +809.9% |
| 2013 | +1.0% | +33.7% | -28.0% |
| 2012 | +9.2% | +5.7% | -62.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lincolnshire Korean Evengelical Church Of America 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 Lincolnshire Korean Evengelical Church Of America 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.8%.
Frequently Asked Questions about Lincolnshire Korean Evengelical Church Of America
Is Lincolnshire Korean Evengelical Church Of America a legitimate charity?
Based on AI analysis of IRS 990 filings, Lincolnshire Korean Evengelical Church Of America (EIN: 364179877) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lincolnshire Korean Evengelical Church Of America spend its money?
Detailed spending breakdown data is not yet available for Lincolnshire Korean Evengelical Church Of America. Check back for updated IRS 990 analysis.
Are donations to Lincolnshire Korean Evengelical Church Of America tax-deductible?
Lincolnshire Korean Evengelical Church Of America is registered as a tax-exempt nonprofit (EIN: 364179877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lincolnshire Korean Evengelical Church Of America located?
Lincolnshire Korean Evengelical Church Of America is headquartered in Lincolnshire, Illinois and files with the IRS under EIN 364179877. It is classified under NTEE code X99.
How many years of IRS 990 filings does Lincolnshire Korean Evengelical Church Of America have?
Lincolnshire Korean Evengelical Church Of America has 4 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 $544K in total revenue.
Filing History
IRS 990 filing history for Lincolnshire Korean Evengelical Church Of America showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2010–2023), Lincolnshire Korean Evengelical Church Of America's revenue has grown by 185.4%, moving from $105K to $299K. Total assets increased by 149% over the same period, from $361K to $898K. Total functional expenses rose by 167.4%, from $109K to $291K. In its most recent filing year (2023), Lincolnshire Korean Evengelical Church Of America reported a surplus of $8K, with revenue exceeding expenses. The organization holds $340K in liabilities against $898K in assets (debt-to-asset ratio: 37.8%), resulting in net assets of $558K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $299K | $291K | $898K | $340K | — | View 990 |
| 2013 | $116K | $154K | $99K | $0 | — | View 990 |
| 2012 | $114K | $115K | $137K | $0 | — | View 990 |
| 2010 | $105K | $109K | $361K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $299K, expenses of $291K, and assets of $898K (revenue +158.7% year-over-year).
- 2013: Revenue of $116K, expenses of $154K, and assets of $99K (revenue +1.0% year-over-year).
- 2012: Revenue of $114K, expenses of $115K, and assets of $137K (revenue +9.2% year-over-year).
- 2010: Revenue of $105K, expenses of $109K, and assets of $361K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincolnshire Korean Evengelical Church Of America:
Data Sources and Methodology
This transparency report for Lincolnshire Korean Evengelical Church Of America 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.