Monark Baptist Church
EIN: 371482202 · Neosho, MO
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $185K |
| Net Assets | $1.1M |
Is Monark Baptist Church Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monark Baptist Church
Monark Baptist Church (EIN: 371482202) is a nonprofit organization based in Neosho, MO. The organization reported total revenue of $104K and total assets of $996K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monark Baptist Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monark Baptist Church is a small nonprofit that has been operating for 61 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 58.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $185K |
| Surplus / Deficit | +$20K |
| Total Assets | $1.1M |
| Total Liabilities | $400 |
| Net Assets | $1.1M |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 68.3 months |
Financial Health Grade: A
In 2023, Monark Baptist Church reported a surplus of $20K with revenue exceeding expenses, holds 68.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Monark Baptist Church's revenue has grown at a compound annual growth rate (CAGR) of 58.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.3% | +24.2% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monark Baptist Church 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 Monark Baptist Church 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Monark Baptist Church
Is Monark Baptist Church a legitimate charity?
Based on AI analysis of IRS 990 filings, Monark Baptist Church (EIN: 371482202) insufficient data. 0 red flags identified, 0 strengths noted.
How does Monark Baptist Church spend its money?
Detailed spending breakdown data is not yet available for Monark Baptist Church. Check back for updated IRS 990 analysis.
Are donations to Monark Baptist Church tax-deductible?
Monark Baptist Church is registered as a tax-exempt nonprofit (EIN: 371482202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monark Baptist Church located?
Monark Baptist Church is headquartered in Neosho, Missouri and files with the IRS under EIN 371482202.
How many years of IRS 990 filings does Monark Baptist Church have?
Monark Baptist Church has 2 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 $104K in total revenue.
Filing History
IRS 990 filing history for Monark Baptist Church showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Monark Baptist Church's revenue has grown by 58.3%, moving from $130K to $206K. Total assets decreased by 0.5% over the same period, from $1.1M to $1.1M. Total functional expenses rose by 24.2%, from $149K to $185K. In its most recent filing year (2023), Monark Baptist Church reported a surplus of $20K, with revenue exceeding expenses. The organization holds $400 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $185K | $1.1M | $400 | — | — |
| 2022 | $130K | $149K | $1.1M | $26K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monark Baptist Church:
Data Sources and Methodology
This transparency report for Monark Baptist Church 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.