Primera Iglesia Bautista
EIN: 470802833 · S Sioux City, NE · NTEE: X20Z
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Total Expenses | $101K |
| Net Assets | $832K |
Is Primera Iglesia Bautista Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Primera Iglesia Bautista
Primera Iglesia Bautista (EIN: 470802833) is a nonprofit organization based in S Sioux City, NE, classified under NTEE code X20Z. The organization reported total revenue of $114K and total assets of $864K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Primera Iglesia Bautista's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Primera Iglesia Bautista is a small nonprofit that has been operating for 56 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $101K |
| Surplus / Deficit | +$7K |
| Total Assets | $832K |
| Net Assets | $832K |
| Operating Margin | 6.3% |
| Months of Reserves | 98.4 months |
Financial Health Grade: A
In 2023, Primera Iglesia Bautista reported a surplus of $7K with revenue exceeding expenses, holds 98.4 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Primera Iglesia Bautista's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.8% | +99.0% | +0.8% |
| 2022 | +10.7% | +51.9% | +62.2% |
| 2021 | +34.4% | +81.7% | +16.6% |
| 2020 | -35.5% | -72.1% | +16.1% |
| 2019 | -3.3% | -1.5% | +17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Primera Iglesia Bautista 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 Primera Iglesia Bautista 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 $7K, with revenue exceeding expenses.
Frequently Asked Questions about Primera Iglesia Bautista
Is Primera Iglesia Bautista a legitimate charity?
Based on AI analysis of IRS 990 filings, Primera Iglesia Bautista (EIN: 470802833) insufficient data. 0 red flags identified, 0 strengths noted.
How does Primera Iglesia Bautista spend its money?
Detailed spending breakdown data is not yet available for Primera Iglesia Bautista. Check back for updated IRS 990 analysis.
Are donations to Primera Iglesia Bautista tax-deductible?
Primera Iglesia Bautista is registered as a tax-exempt nonprofit (EIN: 470802833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Primera Iglesia Bautista located?
Primera Iglesia Bautista is headquartered in S Sioux City, Nebraska and files with the IRS under EIN 470802833. It is classified under NTEE code X20Z.
How many years of IRS 990 filings does Primera Iglesia Bautista have?
Primera Iglesia Bautista 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 $114K in total revenue.
Filing History
IRS 990 filing history for Primera Iglesia Bautista showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Primera Iglesia Bautista's revenue has declined by 14.4%, moving from $126K to $108K. Total assets increased by 160.4% over the same period, from $319K to $832K. Total functional expenses rose by 51%, from $67K to $101K. In its most recent filing year (2023), Primera Iglesia Bautista reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $101K | $832K | $0 | — | View 990 |
| 2022 | $117K | $51K | $825K | $0 | — | View 990 |
| 2021 | $106K | $34K | $508K | $0 | — | View 990 |
| 2020 | $79K | $18K | $436K | $0 | — | View 990 |
| 2019 | $122K | $66K | $376K | $0 | — | View 990 |
| 2018 | $126K | $67K | $319K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $108K, expenses of $101K, and assets of $832K (revenue -7.8% year-over-year).
- 2022: Revenue of $117K, expenses of $51K, and assets of $825K (revenue +10.7% year-over-year).
- 2021: Revenue of $106K, expenses of $34K, and assets of $508K (revenue +34.4% year-over-year).
- 2020: Revenue of $79K, expenses of $18K, and assets of $436K (revenue -35.5% year-over-year).
- 2019: Revenue of $122K, expenses of $66K, and assets of $376K (revenue -3.3% year-over-year).
- 2018: Revenue of $126K, expenses of $67K, and assets of $319K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Primera Iglesia Bautista:
Data Sources and Methodology
This transparency report for Primera Iglesia Bautista 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.