New Creation Baptist Church
EIN: 270104619 · Millbury, MA
| Metric | Value |
|---|---|
| Total Revenue | $292K |
| Total Expenses | $209K |
| Net Assets | $321K |
Is New Creation 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 New Creation Baptist Church
New Creation Baptist Church (EIN: 270104619) is a nonprofit organization based in Millbury, MA. The organization reported total revenue of $292K and total assets of $681K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Creation Baptist Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Creation Baptist Church is a small nonprofit that has been operating for 71 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $264K |
| Total Expenses | $209K |
| Surplus / Deficit | +$55K |
| Total Assets | $457K |
| Total Liabilities | $135K |
| Net Assets | $321K |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 29.6% |
| Months of Reserves | 26.3 months |
Financial Health Grade: A
In 2023, New Creation Baptist Church reported a surplus of $55K with revenue exceeding expenses, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 29.6% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), New Creation Baptist Church's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.1% | +24.3% | +16.5% |
| 2022 | +30.8% | +21.8% | +7.7% |
| 2021 | -11.3% | -3.2% | +4.2% |
| 2020 | -3.9% | -23.3% | +14.2% |
| 2019 | +14.6% | +9.0% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1955 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Creation 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 New Creation 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 $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.6%.
Frequently Asked Questions about New Creation Baptist Church
Is New Creation Baptist Church a legitimate charity?
Based on AI analysis of IRS 990 filings, New Creation Baptist Church (EIN: 270104619) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Creation Baptist Church spend its money?
Detailed spending breakdown data is not yet available for New Creation Baptist Church. Check back for updated IRS 990 analysis.
Are donations to New Creation Baptist Church tax-deductible?
New Creation Baptist Church is registered as a tax-exempt nonprofit (EIN: 270104619). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Creation Baptist Church located?
New Creation Baptist Church is headquartered in Millbury, Massachusetts and files with the IRS under EIN 270104619.
How many years of IRS 990 filings does New Creation Baptist Church have?
New Creation Baptist Church has 7 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 $292K in total revenue.
Filing History
IRS 990 filing history for New Creation Baptist Church showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), New Creation Baptist Church's revenue has grown by 48.7%, moving from $178K to $264K. Total assets increased by 54.2% over the same period, from $296K to $457K. Total functional expenses rose by 23.8%, from $168K to $209K. In its most recent filing year (2023), New Creation Baptist Church reported a surplus of $55K, with revenue exceeding expenses. The organization holds $135K in liabilities against $457K in assets (debt-to-asset ratio: 29.6%), resulting in net assets of $321K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $264K | $209K | $457K | $135K | — | View 990 |
| 2022 | $220K | $168K | $392K | $101K | — | View 990 |
| 2021 | $168K | $138K | $364K | $113K | — | View 990 |
| 2020 | $189K | $142K | $349K | $129K | — | View 990 |
| 2019 | $197K | $186K | $306K | $132K | — | View 990 |
| 2018 | $172K | $170K | $297K | $135K | — | View 990 |
| 2017 | $178K | $168K | $296K | $136K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $264K, expenses of $209K, and assets of $457K (revenue +20.1% year-over-year).
- 2022: Revenue of $220K, expenses of $168K, and assets of $392K (revenue +30.8% year-over-year).
- 2021: Revenue of $168K, expenses of $138K, and assets of $364K (revenue -11.3% year-over-year).
- 2020: Revenue of $189K, expenses of $142K, and assets of $349K (revenue -3.9% year-over-year).
- 2019: Revenue of $197K, expenses of $186K, and assets of $306K (revenue +14.6% year-over-year).
- 2018: Revenue of $172K, expenses of $170K, and assets of $297K (revenue -3.1% year-over-year).
- 2017: Revenue of $178K, expenses of $168K, and assets of $296K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Creation Baptist Church:
Data Sources and Methodology
This transparency report for New Creation 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.