New Vision Christian Assembly
EIN: 562451192 · Newark, NJ · NTEE: X20
| Metric | Value |
|---|---|
| Total Expenses | $62K |
| Net Assets | $87K |
Is New Vision Christian Assembly Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Vision Christian Assembly
New Vision Christian Assembly (EIN: 562451192) is a nonprofit organization based in Newark, NJ, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Vision Christian Assembly's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Vision Christian Assembly is a small nonprofit that has been operating for 20 years, with 2 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of 29.9%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $62K |
| Surplus / Deficit | +$87K |
| Total Assets | $349K |
| Total Liabilities | $262K |
| Net Assets | $87K |
| Operating Margin | 58.1% |
| Debt-to-Asset Ratio | 75.2% |
| Months of Reserves | 67.2 months |
Financial Health Grade: A
In 2017, New Vision Christian Assembly reported a surplus of $87K with revenue exceeding expenses, holds 67.2 months of operating reserves (strong position), has a debt-to-asset ratio of 75.2% (high leverage).
Financial Trends
Over 2 years of filings (2012–2017), New Vision Christian Assembly's revenue has grown at a compound annual growth rate (CAGR) of 29.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +269.6% | +225.5% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Vision Christian Assembly 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 Vision Christian Assembly 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $87K, with revenue exceeding expenses.
- Debt-to-asset ratio: 75.2%.
Frequently Asked Questions about New Vision Christian Assembly
Is New Vision Christian Assembly a legitimate charity?
New Vision Christian Assembly (EIN: 562451192) is a registered tax-exempt nonprofit based in New Jersey. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does New Vision Christian Assembly spend its money?
New Vision Christian Assembly reported its financials 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 New Vision Christian Assembly tax-deductible?
New Vision Christian Assembly is registered as a tax-exempt nonprofit (EIN: 562451192). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Vision Christian Assembly located?
New Vision Christian Assembly is headquartered in Newark, New Jersey and files with the IRS under EIN 562451192. It is classified under NTEE code X20.
How many years of IRS 990 filings does New Vision Christian Assembly have?
New Vision Christian Assembly has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for New Vision Christian Assembly showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2012–2017), New Vision Christian Assembly's revenue has grown by 269.6%, moving from $40K to $149K. Total functional expenses rose by 225.5%, from $19K to $62K. In its most recent filing year (2017), New Vision Christian Assembly reported a surplus of $87K, with revenue exceeding expenses. The organization holds $262K in liabilities against $349K in assets (debt-to-asset ratio: 75.2%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $149K | $62K | $349K | $262K | — | — |
| 2012 | $40K | $19K | $0 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Vision Christian Assembly:
Data Sources and Methodology
This transparency report for New Vision Christian Assembly 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.