Michael And Becky Coleman Christian Family Foundation Incorporated
Michael And Becky Coleman Christian Family Foundation consistently operates at a deficit, drawing from its $3.4M asset base with no reported officer compensation.
EIN: 200511848 · Greenwood, MS · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $622K |
| Total Expenses | $210K |
| Program Spending | 100% |
| Net Assets | $3.0M |
| Transparency Score | 85/100 |
Is Michael And Becky Coleman Christian Family Foundation Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Michael And Becky Coleman Christian Family Foundation Incorporated directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Michael And Becky Coleman Christian Family Foundation Incorporated
Michael And Becky Coleman Christian Family Foundation Incorporated (EIN: 200511848) is a nonprofit organization based in Greenwood, MS. The organization reported total revenue of $622K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michael And Becky Coleman Christian Family Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michael And Becky Coleman Christian Family Foundation Incorporated is a small nonprofit that has been operating for 23 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $210K |
| Surplus / Deficit | $-10,583 |
| Total Assets | $3.0M |
| Total Liabilities | $1 |
| Net Assets | $3.0M |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 173.0 months |
Financial Health Grade: B
In 2023, Michael And Becky Coleman Christian Family Foundation Incorporated reported a deficit of $11K with expenses exceeding revenue, holds 173.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Michael And Becky Coleman Christian Family Foundation Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.8% | +0.5% | -0.3% |
| 2022 | -29.9% | +13.4% | -2.5% |
| 2021 | +46.5% | +5.4% | +0.1% |
| 2020 | +19.9% | +1.2% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Michael And Becky Coleman Christian Family Foundation Incorporated with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Michael And Becky Coleman Christian Family Foundation Incorporated allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are compensated, which is highly unusual for an organization of this asset size and suggests a volunteer-led or family-funded operational model.
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 Michael And Becky Coleman Christian Family Foundation Incorporated's IRS 990 filings:
- Consistent annual operating deficits (e.g., $10,583 in 2023, $77,423 in 2022) where expenses exceed revenue.
- NTEE code is unknown, hindering peer comparison and understanding of mission focus.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
The following positive indicators were identified for Michael And Becky Coleman Christian Family Foundation Incorporated:
- Zero officer compensation reported, indicating highly efficient use of funds for direct mission or low overhead.
- Substantial and growing asset base ($3,498,985) provides financial stability.
- Extremely low liabilities (typically $1) indicating strong financial health and minimal debt.
Frequently Asked Questions about Michael And Becky Coleman Christian Family Foundation Incorporated
Is Michael And Becky Coleman Christian Family Foundation Incorporated a legitimate charity?
Michael And Becky Coleman Christian Family Foundation Incorporated (EIN: 200511848) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. Total revenue: $622K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Michael And Becky Coleman Christian Family Foundation Incorporated spend its money?
Michael And Becky Coleman Christian Family Foundation Incorporated directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Michael And Becky Coleman Christian Family Foundation Incorporated tax-deductible?
Michael And Becky Coleman Christian Family Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 200511848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michael And Becky Coleman Christian Family Foundation Incorporated located?
Michael And Becky Coleman Christian Family Foundation Incorporated is headquartered in Greenwood, Mississippi and files with the IRS under EIN 200511848.
How many years of IRS 990 filings does Michael And Becky Coleman Christian Family Foundation Incorporated have?
Michael And Becky Coleman Christian Family Foundation Incorporated has 5 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 $622K in total revenue.
How does the foundation cover its consistent annual deficits?
The foundation appears to cover its consistent annual deficits by drawing from its substantial asset base, which has grown to $3,498,985, indicating a strategy of spending down principal or relying on investment returns not fully captured in 'revenue' figures.
What are the specific program activities funded by the foundation?
The provided data does not detail the specific program activities. Further investigation into their public disclosures or website would be necessary to understand their programmatic focus.
Is the foundation sustainable given its recurring deficits?
While the foundation has significant assets, recurring deficits (e.g., $10,583 in 2023 and $77,423 in 2022) suggest that without a change in revenue or expense patterns, its asset base will gradually diminish over time, impacting long-term sustainability if not offset by investment gains or future contributions.
Filing History
IRS 990 filing history for Michael And Becky Coleman Christian Family Foundation Incorporated showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Michael And Becky Coleman Christian Family Foundation Incorporated's revenue has grown by 87%, moving from $106K to $199K. Total assets decreased by 4.2% over the same period, from $3.2M to $3.0M. Total functional expenses rose by 21.6%, from $172K to $210K. In its most recent filing year (2023), Michael And Becky Coleman Christian Family Foundation Incorporated reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $210K | $3.0M | $1 | — | — |
| 2022 | $131K | $208K | $3.0M | $1 | — | View 990 |
| 2021 | $187K | $184K | $3.1M | $1 | — | View 990 |
| 2020 | $128K | $174K | $3.1M | $1 | — | View 990 |
| 2019 | $106K | $172K | $3.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $210K, and assets of $3.0M (revenue +51.8% year-over-year).
- 2022: Revenue of $131K, expenses of $208K, and assets of $3.0M (revenue -29.9% year-over-year).
- 2021: Revenue of $187K, expenses of $184K, and assets of $3.1M (revenue +46.5% year-over-year).
- 2020: Revenue of $128K, expenses of $174K, and assets of $3.1M (revenue +19.9% year-over-year).
- 2019: Revenue of $106K, expenses of $172K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michael And Becky Coleman Christian Family Foundation Incorporated:
Data Sources and Methodology
This transparency report for Michael And Becky Coleman Christian Family Foundation Incorporated 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.