Mount Olives Church Of God Inc
Mount Olives Church Of God Inc: Stable Revenue, Asset Growth, and Transparency Gaps
EIN: 222321231 · Orange, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $939K |
| Program Spending | 75% |
| Net Assets | $7.7M |
| Transparency Score | 75/100 |
Is Mount Olives Church Of God Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Olives Church Of God Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Olives Church Of God Inc
Mount Olives Church Of God Inc (EIN: 222321231) is a nonprofit organization based in Orange, NJ. The organization reported total revenue of $1.0M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Olives Church Of God Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Olives Church Of God Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $939K |
| Surplus / Deficit | +$124K |
| Total Assets | $7.7M |
| Net Assets | $7.7M |
| Operating Margin | 11.6% |
| Months of Reserves | 97.8 months |
Financial Health Grade: A
In 2023, Mount Olives Church Of God Inc reported a surplus of $124K with revenue exceeding expenses, holds 97.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mount Olives Church Of God Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.3% | +9.1% | +2.6% |
| 2022 | +6.7% | -4.7% | +65.3% |
| 2021 | +8.7% | +21.8% | +0.0% |
| 2020 | +5.3% | +19.6% | +2.6% |
| 2019 | -14.2% | -13.6% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1981 |
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 Mount Olives Church Of God Inc with a Mission Score of 75 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: 75%
- fundraising: 10%
According to IRS 990 filings, Mount Olives Church Of God Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $124K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data.
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 Mount Olives Church Of God Inc's IRS 990 filings:
- Lack of detailed program spending breakdown makes it challenging to evaluate the direct impact of funds.
- Absence of information regarding executive compensation raises questions about financial oversight.
- No clear indication of board governance or independence in the provided data.
Strengths
The following positive indicators were identified for Mount Olives Church Of God Inc:
- Consistent revenue growth from $803,313 in 2019 to $1,062,263 in 2023 demonstrates financial stability.
- Significant asset growth from $4,399,315 in 2019 to $7,651,118 in 2023 indicates strong financial management and accumulation.
- Low liability figures across all years suggest a healthy balance sheet and minimal debt burden.
Frequently Asked Questions about Mount Olives Church Of God Inc
Is Mount Olives Church Of God Inc a legitimate charity?
Mount Olives Church Of God Inc (EIN: 222321231) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Mount Olives Church Of God Inc spend its money?
Mount Olives Church Of God Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Mount Olives Church Of God Inc tax-deductible?
Mount Olives Church Of God Inc is registered as a tax-exempt nonprofit (EIN: 222321231). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mount Olives Church Of God Inc's spending goes to programs?
Mount Olives Church Of God Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mount Olives Church Of God Inc located?
Mount Olives Church Of God Inc is headquartered in Orange, New Jersey and files with the IRS under EIN 222321231.
How many years of IRS 990 filings does Mount Olives Church Of God Inc have?
Mount Olives Church Of God 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 $1.0M in total revenue.
What does Mount Olives Church Of God Inc do?
Mount Olives Church Of God Inc is a nonprofit organization in the Unknown sector, located in Orange, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Mount Olives Church Of God Inc have?
Mount Olives Church Of God Inc reported total revenue of $1,047,503. Based on 13 IRS 990 filings on record.
What are Mount Olives Church Of God Inc's total assets?
Mount Olives Church Of God Inc holds total assets of $7,718,710 as reported in IRS 990 filings.
Where is Mount Olives Church Of God Inc located?
Mount Olives Church Of God Inc is based in Orange, New Jersey.
What is Mount Olives Church Of God Inc's EIN?
Mount Olives Church Of God Inc's Employer Identification Number (EIN) is 222321231. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mount Olives Church Of God Inc?
Mount Olives Church Of God Inc is classified under NTEE code Unknown (Unknown).
Is Mount Olives Church Of God Inc a registered 501(c)(3)?
Mount Olives Church Of God Inc appears in IRS records (EIN: 222321231). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Mount Olives Church Of God Inc file IRS Form 990?
Yes, Mount Olives Church Of God Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Mount Olives Church Of God Inc's revenue in 2023?
In the 202312 filing period, Mount Olives Church Of God Inc reported total revenue of $1,062,263, total expenses of $938,581, and net assets of $7,651,118.
Is Mount Olives Church Of God Inc's revenue growing or declining?
Mount Olives Church Of God Inc's revenue is growing. Revenue went from $980,676 (202212) to $1,062,263 (202312), a +8.3% change. Based on 13 filings on record.
What is Mount Olives Church Of God Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Mount Olives Church Of God Inc covers tax period 202312. It shows revenue of $1,062,263, expenses of $938,581, total assets of $7,651,118, and liabilities of N/A.
How much does Mount Olives Church Of God Inc spend on programs vs administration?
Based on IRS 990 analysis, Mount Olives Church Of God Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Mount Olives Church Of God Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Mount Olives Church Of God Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Mount Olives Church Of God Inc?
The following concerns were identified: Lack of detailed program spending breakdown makes it challenging to evaluate the direct impact of funds.. Absence of information regarding executive compensation raises questions about financial oversight.. No clear indication of board governance or independence in the provided data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mount Olives Church Of God Inc's strengths?
Positive indicators for Mount Olives Church Of God Inc include: Consistent revenue growth from $803,313 in 2019 to $1,062,263 in 2023 demonstrates financial stability.. Significant asset growth from $4,399,315 in 2019 to $7,651,118 in 2023 indicates strong financial management and accumulation.. Low liability figures across all years suggest a healthy balance sheet and minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Mount Olives Church Of God Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent asset growth, what is the organization's strategy for utilizing these accumulated assets to further its mission?
The provided data indicates substantial asset accumulation, but lacks details on how these assets are being deployed beyond general operational expenses. A deeper dive into investment strategies or specific capital projects would be necessary to answer this.
How does the organization ensure its spending aligns with its mission without detailed program expenditure breakdowns?
Without specific program spending breakdowns, it's challenging to ascertain the direct alignment of expenditures with mission-related activities. The organization would need to provide more granular data on how funds are allocated to different programs.
Filing History
IRS 990 filing history for Mount Olives Church Of God Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mount Olives Church Of God Inc's revenue has grown by 59.9%, moving from $664K to $1.1M. Total assets increased by 72.9% over the same period, from $4.4M to $7.7M. Total functional expenses rose by 47.5%, from $636K to $939K. In its most recent filing year (2023), Mount Olives Church Of God Inc reported a surplus of $124K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $939K | $7.7M | $0 | — | View 990 |
| 2022 | $981K | $860K | $7.5M | $0 | — | — |
| 2021 | $919K | $902K | $4.5M | $0 | — | View 990 |
| 2020 | $846K | $741K | $4.5M | $0 | — | View 990 |
| 2019 | $803K | $620K | $4.4M | $0 | — | View 990 |
| 2018 | $936K | $717K | $4.3M | $0 | — | View 990 |
| 2017 | $976K | $751K | $4.2M | $47K | — | View 990 |
| 2016 | $828K | $662K | $4.1M | $114K | — | View 990 |
| 2015 | $738K | $646K | $4.1M | $167K | — | View 990 |
| 2014 | $722K | $635K | $4.3M | $298K | — | View 990 |
| 2013 | $749K | $610K | $4.3M | $317K | — | View 990 |
| 2012 | $783K | $734K | $4.2M | $393K | — | — |
| 2011 | $664K | $636K | $4.4M | $479K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $939K, and assets of $7.7M (revenue +8.3% year-over-year).
- 2022: Revenue of $981K, expenses of $860K, and assets of $7.5M (revenue +6.7% year-over-year).
- 2021: Revenue of $919K, expenses of $902K, and assets of $4.5M (revenue +8.7% year-over-year).
- 2020: Revenue of $846K, expenses of $741K, and assets of $4.5M (revenue +5.3% year-over-year).
- 2019: Revenue of $803K, expenses of $620K, and assets of $4.4M (revenue -14.2% year-over-year).
- 2018: Revenue of $936K, expenses of $717K, and assets of $4.3M (revenue -4.0% year-over-year).
- 2017: Revenue of $976K, expenses of $751K, and assets of $4.2M (revenue +17.8% year-over-year).
- 2016: Revenue of $828K, expenses of $662K, and assets of $4.1M (revenue +12.3% year-over-year).
- 2015: Revenue of $738K, expenses of $646K, and assets of $4.1M (revenue +2.2% year-over-year).
- 2014: Revenue of $722K, expenses of $635K, and assets of $4.3M (revenue -3.7% year-over-year).
- 2013: Revenue of $749K, expenses of $610K, and assets of $4.3M (revenue -4.3% year-over-year).
- 2012: Revenue of $783K, expenses of $734K, and assets of $4.2M (revenue +17.9% year-over-year).
- 2011: Revenue of $664K, expenses of $636K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Olives Church Of God Inc:
Data Sources and Methodology
This transparency report for Mount Olives Church Of God 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.