Mt Calvary Leadership Development Corporation Inc
EIN: 844644495 · Wallace, NC · NTEE: W70
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Net Assets | $265K |
Is Mt Calvary Leadership Development Corporation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mt Calvary Leadership Development Corporation Inc
Mt Calvary Leadership Development Corporation Inc (EIN: 844644495) is a nonprofit organization based in Wallace, NC, classified under NTEE code W70. The organization reported total revenue of $2.4M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Calvary Leadership Development Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mt Calvary Leadership Development Corporation Inc is a mid-size nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 101.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$198K |
| Total Assets | $265K |
| Net Assets | $265K |
| Operating Margin | 8.7% |
| Months of Reserves | 1.5 months |
Financial Health Grade: B
In 2022, Mt Calvary Leadership Development Corporation Inc reported a surplus of $198K with revenue exceeding expenses, holds 1.5 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2021–2022), Mt Calvary Leadership Development Corporation Inc's revenue has grown at a compound annual growth rate (CAGR) of 101.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +101.4% | +84.4% | +240.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mt Calvary Leadership Development Corporation 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 Mt Calvary Leadership Development Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $198K, with revenue exceeding expenses.
Frequently Asked Questions about Mt Calvary Leadership Development Corporation Inc
Is Mt Calvary Leadership Development Corporation Inc a legitimate charity?
Mt Calvary Leadership Development Corporation Inc (EIN: 844644495) is a registered tax-exempt nonprofit based in North Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. Financial health grade: A.
How does Mt Calvary Leadership Development Corporation Inc spend its money?
Mt Calvary Leadership Development Corporation Inc reported $2.4M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mt Calvary Leadership Development Corporation Inc tax-deductible?
Mt Calvary Leadership Development Corporation Inc is registered as a tax-exempt nonprofit (EIN: 844644495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mt Calvary Leadership Development Corporation Inc located?
Mt Calvary Leadership Development Corporation Inc is headquartered in Wallace, North Carolina and files with the IRS under EIN 844644495. It is classified under NTEE code W70.
How many years of IRS 990 filings does Mt Calvary Leadership Development Corporation Inc have?
Mt Calvary Leadership Development Corporation Inc 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 $2.4M in total revenue.
Filing History
IRS 990 filing history for Mt Calvary Leadership Development Corporation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Mt Calvary Leadership Development Corporation Inc's revenue has grown by 101.4%, moving from $1.1M to $2.3M. Total assets increased by 240.3% over the same period, from $78K to $265K. Total functional expenses rose by 84.4%, from $1.1M to $2.1M. In its most recent filing year (2022), Mt Calvary Leadership Development Corporation Inc reported a surplus of $198K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.3M | $2.1M | $265K | $-283 | — | View 990 |
| 2021 | $1.1M | $1.1M | $78K | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mt Calvary Leadership Development Corporation Inc:
Data Sources and Methodology
This transparency report for Mt Calvary Leadership Development Corporation 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.