Mid Atlantic Christian University Foundation Inc
EIN: 561467140 · Elizabeth Cty, NC · NTEE: B82Z
Is Mid Atlantic Christian University Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mid Atlantic Christian University Foundation Inc
Mid Atlantic Christian University Foundation Inc (EIN: 561467140) is a nonprofit organization based in Elizabeth Cty, NC, classified under NTEE code B82Z. The organization reported total revenue of $205K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid Atlantic Christian University Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mid Atlantic Christian University Foundation Inc is a small nonprofit that has been operating for 29 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $218K |
| Total Expenses | $125K |
| Surplus / Deficit | +$93K |
| Total Assets | $4.2M |
| Net Assets | $4.2M |
| Operating Margin | 42.7% |
| Months of Reserves | 399.5 months |
Financial Health Grade: A
In 2023, Mid Atlantic Christian University Foundation Inc reported a surplus of $93K with revenue exceeding expenses, holds 399.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Mid Atlantic Christian University Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.4% | -5.9% | +9.0% |
| 2022 | +26.4% | -57.0% | -6.8% |
| 2021 | +6.2% | +167.3% | +18.6% |
| 2020 | +10.2% | -10.7% | -1.5% |
| 2019 | -28.1% | +1.6% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mid Atlantic Christian University Foundation 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 Mid Atlantic Christian University Foundation 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 $93K, with revenue exceeding expenses.
Frequently Asked Questions about Mid Atlantic Christian University Foundation Inc
Is Mid Atlantic Christian University Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mid Atlantic Christian University Foundation Inc (EIN: 561467140) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mid Atlantic Christian University Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Mid Atlantic Christian University Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Mid Atlantic Christian University Foundation Inc tax-deductible?
Mid Atlantic Christian University Foundation Inc is registered as a tax-exempt nonprofit (EIN: 561467140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Mid Atlantic Christian University Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mid Atlantic Christian University Foundation Inc's revenue has grown by 68.2%, moving from $129K to $218K. Total assets increased by 83.4% over the same period, from $2.3M to $4.2M. Total functional expenses rose by 10.6%, from $113K to $125K. In its most recent filing year (2023), Mid Atlantic Christian University Foundation Inc reported a surplus of $93K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $218K | $125K | $4.2M | $0 | — | View 990 |
| 2022 | $238K | $133K | $3.8M | $0 | — | View 990 |
| 2021 | $188K | $308K | $4.1M | $0 | — | — |
| 2020 | $177K | $115K | $3.4M | $0 | — | View 990 |
| 2019 | $161K | $129K | $3.5M | $0 | — | View 990 |
| 2018 | $223K | $127K | $3.3M | $0 | — | View 990 |
| 2017 | $211K | $673K | $3.1M | $0 | — | View 990 |
| 2016 | $417K | $117K | $3.4M | $0 | — | View 990 |
| 2015 | $206K | $106K | $3.1M | $0 | — | View 990 |
| 2014 | $208K | $110K | $3.0M | $0 | — | View 990 |
| 2013 | $501K | $114K | $2.8M | $0 | — | View 990 |
| 2012 | $129K | $113K | $2.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $218K, expenses of $125K, and assets of $4.2M (revenue -8.4% year-over-year).
- 2022: Revenue of $238K, expenses of $133K, and assets of $3.8M (revenue +26.4% year-over-year).
- 2021: Revenue of $188K, expenses of $308K, and assets of $4.1M (revenue +6.2% year-over-year).
- 2020: Revenue of $177K, expenses of $115K, and assets of $3.4M (revenue +10.2% year-over-year).
- 2019: Revenue of $161K, expenses of $129K, and assets of $3.5M (revenue -28.1% year-over-year).
- 2018: Revenue of $223K, expenses of $127K, and assets of $3.3M (revenue +5.7% year-over-year).
- 2017: Revenue of $211K, expenses of $673K, and assets of $3.1M (revenue -49.3% year-over-year).
- 2016: Revenue of $417K, expenses of $117K, and assets of $3.4M (revenue +101.9% year-over-year).
- 2015: Revenue of $206K, expenses of $106K, and assets of $3.1M (revenue -1.0% year-over-year).
- 2014: Revenue of $208K, expenses of $110K, and assets of $3.0M (revenue -58.4% year-over-year).
- 2013: Revenue of $501K, expenses of $114K, and assets of $2.8M (revenue +287.0% year-over-year).
- 2012: Revenue of $129K, expenses of $113K, and assets of $2.3M.
Data Sources and Methodology
This transparency report for Mid Atlantic Christian University Foundation 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.