Local Church Evangelism Inc
Local Church Evangelism Inc. shows fluctuating annual finances with recent deficit, no officer compensation reported.
EIN: 10485729 · Newport, ME · NTEE: X99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $310K |
| Total Expenses | $288K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $138K |
| Transparency Score | 70/100 |
Is Local Church Evangelism Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Local Church Evangelism Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Local Church Evangelism Inc
Local Church Evangelism Inc (EIN: 10485729) is a nonprofit organization based in Newport, ME, classified under NTEE code X99Z. The organization reported total revenue of $310K and total assets of $256K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local Church Evangelism Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local Church Evangelism Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $288K |
| Surplus / Deficit | $-54,606 |
| Total Assets | $163K |
| Total Liabilities | $24K |
| Net Assets | $138K |
| Operating Margin | -23.4% |
| Debt-to-Asset Ratio | 15.0% |
| Months of Reserves | 6.8 months |
Financial Health Grade: B
In 2023, Local Church Evangelism Inc reported a deficit of $55K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 15.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Local Church Evangelism Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.8% | +24.4% | -17.7% |
| 2022 | -0.1% | -4.2% | +43.9% |
| 2021 | +18.6% | -2.5% | +56.3% |
| 2020 | -5.7% | -16.5% | -2.6% |
| 2019 | +8.1% | +15.4% | -32.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Local Church Evangelism Inc with a Mission Score of 70 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, Local Church Evangelism 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:
- The organization reported a deficit of $55K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with annual revenues exceeding $200,000.
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 Local Church Evangelism Inc's IRS 990 filings:
- Inconsistent financial performance with recurring annual deficits (e.g., $54,606 deficit in 2023, $36,369 deficit in 2019).
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data makes spending efficiency difficult to fully assess.
- Reporting 0% officer compensation for an organization with over $200,000 in annual revenue is unusual and could indicate other forms of compensation or a fully volunteer-run leadership, which might raise questions about sustainability or professional management capacity.
Strengths
The following positive indicators were identified for Local Church Evangelism Inc:
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency in reporting.
- Zero reported officer compensation across all filings, indicating a commitment to minimizing executive overhead.
- Positive trend in asset growth in recent years, from $87,908 in 2020 to $162,701 in 2023, enhancing organizational capacity.
Frequently Asked Questions about Local Church Evangelism Inc
Is Local Church Evangelism Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Local Church Evangelism Inc (EIN: 10485729) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Local Church Evangelism Inc spend its money?
Local Church Evangelism Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Local Church Evangelism Inc tax-deductible?
Local Church Evangelism Inc is registered as a tax-exempt nonprofit (EIN: 10485729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Local Church Evangelism Inc CEO make?
Local Church Evangelism Inc's highest-compensated officer earns $200,000. annually. The organization reported $310K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Local Church Evangelism Inc's spending goes to programs?
Local Church Evangelism Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Local Church Evangelism Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Local Church Evangelism Inc is above average for NTEE category X99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Local Church Evangelism Inc located?
Local Church Evangelism Inc is headquartered in Newport, Maine and files with the IRS under EIN 10485729. It is classified under NTEE code X99Z.
How many years of IRS 990 filings does Local Church Evangelism Inc have?
Local Church Evangelism 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 $310K in total revenue.
Is Local Church Evangelism Inc. financially stable?
The organization's financial stability shows variability. While assets have grown from $87,908 in 2020 to $162,701 in 2023, it has experienced deficits in multiple years, including $54,606 in 2023 ($233,486 revenue vs. $288,092 expenses) and $36,369 in 2019 ($260,534 revenue vs. $296,903 expenses). This suggests a need for more consistent revenue generation or expense management.
How does Local Church Evangelism Inc. spend its money?
Based on the available data, a precise functional expense breakdown is not provided. However, the consistent reporting of 0% officer compensation suggests a significant portion of expenses is likely directed towards program activities and general overhead, rather than executive salaries. Without detailed functional expenses, it's difficult to confirm the exact allocation.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend in recent years, increasing from $87,908 in 2020 to $162,701 in 2023, and reaching a high of $197,754 in 2022. This indicates some capacity building and accumulation of resources over time.
Filing History
IRS 990 filing history for Local Church Evangelism Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Local Church Evangelism Inc's revenue has grown by 22.4%, moving from $191K to $233K. Total assets increased by 17% over the same period, from $139K to $163K. Total functional expenses rose by 35.8%, from $212K to $288K. In its most recent filing year (2023), Local Church Evangelism Inc reported a deficit of $55K, with expenses exceeding revenue. The organization holds $24K in liabilities against $163K in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $138K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $233K | $288K | $163K | $24K | — | — |
| 2022 | $291K | $232K | $198K | $23K | — | View 990 |
| 2021 | $291K | $242K | $137K | $23K | — | View 990 |
| 2020 | $246K | $248K | $88K | $23K | — | View 990 |
| 2019 | $261K | $297K | $90K | $23K | — | View 990 |
| 2018 | $241K | $257K | $133K | $29K | — | View 990 |
| 2017 | $236K | $216K | $134K | $14K | — | View 990 |
| 2016 | $260K | $215K | $111K | $10K | — | View 990 |
| 2015 | $277K | $289K | $74K | $18K | — | View 990 |
| 2014 | $195K | $210K | $86K | $18K | — | View 990 |
| 2013 | $266K | $284K | $102K | $18K | — | View 990 |
| 2012 | $232K | $250K | $136K | $35K | — | View 990 |
| 2011 | $191K | $212K | $139K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $233K, expenses of $288K, and assets of $163K (revenue -19.8% year-over-year).
- 2022: Revenue of $291K, expenses of $232K, and assets of $198K (revenue -0.1% year-over-year).
- 2021: Revenue of $291K, expenses of $242K, and assets of $137K (revenue +18.6% year-over-year).
- 2020: Revenue of $246K, expenses of $248K, and assets of $88K (revenue -5.7% year-over-year).
- 2019: Revenue of $261K, expenses of $297K, and assets of $90K (revenue +8.1% year-over-year).
- 2018: Revenue of $241K, expenses of $257K, and assets of $133K (revenue +2.2% year-over-year).
- 2017: Revenue of $236K, expenses of $216K, and assets of $134K (revenue -9.1% year-over-year).
- 2016: Revenue of $260K, expenses of $215K, and assets of $111K (revenue -6.4% year-over-year).
- 2015: Revenue of $277K, expenses of $289K, and assets of $74K (revenue +42.6% year-over-year).
- 2014: Revenue of $195K, expenses of $210K, and assets of $86K (revenue -26.9% year-over-year).
- 2013: Revenue of $266K, expenses of $284K, and assets of $102K (revenue +14.8% year-over-year).
- 2012: Revenue of $232K, expenses of $250K, and assets of $136K (revenue +21.6% year-over-year).
- 2011: Revenue of $191K, expenses of $212K, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local Church Evangelism Inc:
Data Sources and Methodology
This transparency report for Local Church Evangelism 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.