Michiana Biblical Counseling Center Inc
EIN: 473734219 · Osceola, IN · NTEE: F60
| Metric | Value |
|---|---|
| Total Revenue | $236K |
| Total Expenses | $184K |
| Net Assets | $108K |
Is Michiana Biblical Counseling Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michiana Biblical Counseling Center Inc
Michiana Biblical Counseling Center Inc (EIN: 473734219) is a nonprofit organization based in Osceola, IN, classified under NTEE code F60. The organization reported total revenue of $236K and total assets of $201K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michiana Biblical Counseling Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michiana Biblical Counseling Center Inc is a small nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 21.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $234K |
| Total Expenses | $184K |
| Surplus / Deficit | +$50K |
| Total Assets | $111K |
| Total Liabilities | $3K |
| Net Assets | $108K |
| Operating Margin | 21.5% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2023, Michiana Biblical Counseling Center Inc reported a surplus of $50K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Michiana Biblical Counseling Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | -8.3% | +70.8% |
| 2022 | +39.8% | +27.5% | +45.4% |
| 2021 | +17.8% | +51.0% | -9.3% |
| 2020 | +35.6% | +2.0% | +106.7% |
| 2019 | +8.8% | +26.1% | -21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michiana Biblical Counseling Center 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 Michiana Biblical Counseling Center 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 $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about Michiana Biblical Counseling Center Inc
Is Michiana Biblical Counseling Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Michiana Biblical Counseling Center Inc (EIN: 473734219) insufficient data. 0 red flags identified, 0 strengths noted.
How does Michiana Biblical Counseling Center Inc spend its money?
Detailed spending breakdown data is not yet available for Michiana Biblical Counseling Center Inc. Check back for updated IRS 990 analysis.
Are donations to Michiana Biblical Counseling Center Inc tax-deductible?
Michiana Biblical Counseling Center Inc is registered as a tax-exempt nonprofit (EIN: 473734219). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michiana Biblical Counseling Center Inc located?
Michiana Biblical Counseling Center Inc is headquartered in Osceola, Indiana and files with the IRS under EIN 473734219. It is classified under NTEE code F60.
How many years of IRS 990 filings does Michiana Biblical Counseling Center Inc have?
Michiana Biblical Counseling Center Inc has 6 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 $236K in total revenue.
Filing History
IRS 990 filing history for Michiana Biblical Counseling Center Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Michiana Biblical Counseling Center Inc's revenue has grown by 166.5%, moving from $88K to $234K. Total assets increased by 265.7% over the same period, from $30K to $111K. Total functional expenses rose by 127.2%, from $81K to $184K. In its most recent filing year (2023), Michiana Biblical Counseling Center Inc reported a surplus of $50K, with revenue exceeding expenses. The organization holds $3K in liabilities against $111K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $108K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $234K | $184K | $111K | $3K | — | View 990 |
| 2022 | $213K | $201K | $65K | $8K | — | — |
| 2021 | $153K | $157K | $45K | $0 | — | View 990 |
| 2020 | $130K | $104K | $49K | $0 | — | View 990 |
| 2019 | $96K | $102K | $24K | $0 | — | View 990 |
| 2018 | $88K | $81K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $234K, expenses of $184K, and assets of $111K (revenue +9.8% year-over-year).
- 2022: Revenue of $213K, expenses of $201K, and assets of $65K (revenue +39.8% year-over-year).
- 2021: Revenue of $153K, expenses of $157K, and assets of $45K (revenue +17.8% year-over-year).
- 2020: Revenue of $130K, expenses of $104K, and assets of $49K (revenue +35.6% year-over-year).
- 2019: Revenue of $96K, expenses of $102K, and assets of $24K (revenue +8.8% year-over-year).
- 2018: Revenue of $88K, expenses of $81K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michiana Biblical Counseling Center Inc:
Data Sources and Methodology
This transparency report for Michiana Biblical Counseling Center 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.