New England Grace Presbyterian Church Inc
EIN: 300528195 · West Hartford, CT · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $337K |
| Total Expenses | $356K |
| Net Assets | $289K |
Is New England Grace Presbyterian Church Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New England Grace Presbyterian Church Inc
New England Grace Presbyterian Church Inc (EIN: 300528195) is a nonprofit organization based in West Hartford, CT, classified under NTEE code X20. The organization reported total revenue of $337K and total assets of $723K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Grace Presbyterian Church Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Grace Presbyterian Church Inc is a small nonprofit that has been operating for 16 years, with 6 years of IRS 990 filings on record (2015–2021). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $337K |
| Total Expenses | $356K |
| Surplus / Deficit | $-18,972 |
| Total Assets | $723K |
| Total Liabilities | $435K |
| Net Assets | $289K |
| Operating Margin | -5.6% |
| Debt-to-Asset Ratio | 60.1% |
| Months of Reserves | 24.4 months |
Financial Health Grade: C
In 2021, New England Grace Presbyterian Church Inc reported a deficit of $19K with expenses exceeding revenue, holds 24.4 months of operating reserves (strong position), has a debt-to-asset ratio of 60.1% (high leverage).
Financial Trends
Over 6 years of filings (2015–2021), New England Grace Presbyterian Church Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +12.4% | +27.3% | +9.2% |
| 2020 | -17.8% | -29.9% | +31.3% |
| 2019 | -0.2% | +29.6% | -8.3% |
| 2018 | +23.3% | +16.2% | +4.9% |
| 2017 | -4.6% | -3.9% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New England Grace Presbyterian Church 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 New England Grace Presbyterian Church 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 60.1%.
Frequently Asked Questions about New England Grace Presbyterian Church Inc
Is New England Grace Presbyterian Church Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New England Grace Presbyterian Church Inc (EIN: 300528195) insufficient data. 0 red flags identified, 0 strengths noted.
How does New England Grace Presbyterian Church Inc spend its money?
Detailed spending breakdown data is not yet available for New England Grace Presbyterian Church Inc. Check back for updated IRS 990 analysis.
Are donations to New England Grace Presbyterian Church Inc tax-deductible?
New England Grace Presbyterian Church Inc is registered as a tax-exempt nonprofit (EIN: 300528195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New England Grace Presbyterian Church Inc located?
New England Grace Presbyterian Church Inc is headquartered in West Hartford, Connecticut and files with the IRS under EIN 300528195. It is classified under NTEE code X20.
How many years of IRS 990 filings does New England Grace Presbyterian Church Inc have?
New England Grace Presbyterian Church Inc has 6 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 $337K in total revenue.
Filing History
IRS 990 filing history for New England Grace Presbyterian Church Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2021), New England Grace Presbyterian Church Inc's revenue has grown by 8.5%, moving from $311K to $337K. Total assets increased by 34% over the same period, from $540K to $723K. Total functional expenses rose by 29.1%, from $276K to $356K. In its most recent filing year (2021), New England Grace Presbyterian Church Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $435K in liabilities against $723K in assets (debt-to-asset ratio: 60.1%), resulting in net assets of $289K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $337K | $356K | $723K | $435K | — | — |
| 2020 | $300K | $280K | $663K | $355K | — | — |
| 2019 | $365K | $399K | $504K | $217K | — | View 990 |
| 2018 | $366K | $308K | $550K | $228K | — | View 990 |
| 2017 | $297K | $265K | $524K | $260K | — | View 990 |
| 2015 | $311K | $276K | $540K | $377K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $337K, expenses of $356K, and assets of $723K (revenue +12.4% year-over-year).
- 2020: Revenue of $300K, expenses of $280K, and assets of $663K (revenue -17.8% year-over-year).
- 2019: Revenue of $365K, expenses of $399K, and assets of $504K (revenue -0.2% year-over-year).
- 2018: Revenue of $366K, expenses of $308K, and assets of $550K (revenue +23.3% year-over-year).
- 2017: Revenue of $297K, expenses of $265K, and assets of $524K (revenue -4.6% year-over-year).
- 2015: Revenue of $311K, expenses of $276K, and assets of $540K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Grace Presbyterian Church Inc:
Data Sources and Methodology
This transparency report for New England Grace Presbyterian Church 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.