Second New Light Original Free Will Baptist Church
Second New Light Original Free Will Baptist Church: Declining Revenue, Minimal Assets, and Unclear Spending
EIN: 222996363 · Bridgeport, CT · Updated: 2026-04-04
Is Second New Light Original Free Will Baptist Church Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Second New Light Original Free Will Baptist Church
Second New Light Original Free Will Baptist Church (EIN: 222996363) is a nonprofit organization based in Bridgeport, CT. The organization reported total revenue of $282K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second New Light Original Free Will Baptist Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Second New Light Original Free Will Baptist Church is a small nonprofit that has been operating for 37 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $18K |
| Surplus / Deficit | $-1,857 |
| Total Assets | $113K |
| Total Liabilities | $204K |
| Net Assets | $-90,576 |
| Operating Margin | -11.3% |
| Debt-to-Asset Ratio | 180.0% |
| Months of Reserves | 74.3 months |
Financial Health Grade: C
In 2023, Second New Light Original Free Will Baptist Church reported a deficit of $2K with expenses exceeding revenue, holds 74.3 months of operating reserves (strong position), has a debt-to-asset ratio of 180.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Second New Light Original Free Will Baptist Church's revenue has declined at a compound annual growth rate (CAGR) of -7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.0% | -41.0% | +0.1% |
| 2022 | +5.0% | +2.2% | +270.7% |
| 2021 | +4.6% | +4.7% | +0.0% |
| 2020 | -30.7% | -27.4% | -25.0% |
| 2019 | -9.7% | -0.6% | +4067700.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Second New Light Original Free Will Baptist Church with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Second New Light Original Free Will Baptist Church allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 180.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization with reported revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Second New Light Original Free Will Baptist Church's IRS 990 filings:
- The organization reports 0% compensation across all years, which is highly improbable for an active entity.
- Spending breakdown is entirely absent, making it impossible to determine how funds are allocated.
- Revenue has significantly declined from $68,250 in 2017 to $16,428 in 2023.
- Assets show erratic changes, from $1 in 2018 to $113,256 in 2022, without corresponding revenue or expense shifts.
- The organization's 'net type' is unknown, hindering proper classification and comparison.
Strengths
The following positive indicators were identified for Second New Light Original Free Will Baptist Church:
- The organization consistently reports zero liabilities, indicating no outstanding debt.
Frequently Asked Questions about Second New Light Original Free Will Baptist Church
Is Second New Light Original Free Will Baptist Church a legitimate charity?
Based on AI analysis of IRS 990 filings, Second New Light Original Free Will Baptist Church (EIN: 222996363) significant concerns. Mission Score: 30/100. 5 red flags identified, 1 strength noted.
How does Second New Light Original Free Will Baptist Church spend its money?
Detailed spending breakdown data is not yet available for Second New Light Original Free Will Baptist Church. Check back for updated IRS 990 analysis.
Are donations to Second New Light Original Free Will Baptist Church tax-deductible?
Second New Light Original Free Will Baptist Church is registered as a tax-exempt nonprofit (EIN: 222996363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Second New Light Original Free Will Baptist Church do?
Second New Light Original Free Will Baptist Church is a nonprofit organization in the Unknown sector, located in Bridgeport, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Second New Light Original Free Will Baptist Church have?
Second New Light Original Free Will Baptist Church reported total revenue of $282,146. Based on 12 IRS 990 filings on record.
What are Second New Light Original Free Will Baptist Church's total assets?
Second New Light Original Free Will Baptist Church holds total assets of $82,537 as reported in IRS 990 filings.
Where is Second New Light Original Free Will Baptist Church located?
Second New Light Original Free Will Baptist Church is based in Bridgeport, Connecticut.
What is Second New Light Original Free Will Baptist Church's EIN?
Second New Light Original Free Will Baptist Church's Employer Identification Number (EIN) is 222996363. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Second New Light Original Free Will Baptist Church?
Second New Light Original Free Will Baptist Church is classified under NTEE code Unknown (Unknown).
Is Second New Light Original Free Will Baptist Church a registered 501(c)(3)?
Second New Light Original Free Will Baptist Church appears in IRS records (EIN: 222996363). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Second New Light Original Free Will Baptist Church file IRS Form 990?
Yes, Second New Light Original Free Will Baptist Church has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Second New Light Original Free Will Baptist Church's revenue in 2023?
In the 202312 filing period, Second New Light Original Free Will Baptist Church reported total revenue of $16,428, total expenses of $18,285, and net assets of $113,256.
Is Second New Light Original Free Will Baptist Church's revenue growing or declining?
Second New Light Original Free Will Baptist Church's revenue is declining. Revenue went from $30,983 (202212) to $16,428 (202312), a -47.0% change. Based on 12 filings on record.
What is Second New Light Original Free Will Baptist Church's most recent 990 filing?
The most recent IRS Form 990 filing for Second New Light Original Free Will Baptist Church covers tax period 202312. It shows revenue of $16,428, expenses of $18,285, total assets of $113,256, and liabilities of $203,832.
Is Second New Light Original Free Will Baptist Church a trustworthy charity?
Based on AI analysis of IRS 990 data, Second New Light Original Free Will Baptist Church has notable concerns. Mission Score: 30/100 (Poor). 5 red flags identified. 1 strength noted.
What are the red flags for Second New Light Original Free Will Baptist Church?
The following concerns were identified: The organization reports 0% compensation across all years, which is highly improbable for an active entity.. Spending breakdown is entirely absent, making it impossible to determine how funds are allocated.. Revenue has significantly declined from $68,250 in 2017 to $16,428 in 2023.. Assets show erratic changes, from $1 in 2018 to $113,256 in 2022, without corresponding revenue or expense shifts.. The organization's 'net type' is unknown, hindering proper classification and comparison.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Second New Light Original Free Will Baptist Church's strengths?
Positive indicators for Second New Light Original Free Will Baptist Church include: The organization consistently reports zero liabilities, indicating no outstanding debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Second New Light Original Free Will Baptist Church compensate executives?
Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization with reported revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% compensation and no expense breakdown, how does the organization sustain its operations and what are the actual costs involved?
Without any reported compensation or detailed expense categories, it's unclear how the church covers operational costs, including utilities, maintenance, or any potential staff, suggesting potential underreporting or alternative funding mechanisms not disclosed in public filings.
What accounts for the dramatic and unexplained fluctuations in reported assets, such as the jump from $1 in 2018 to over $113,000 in 2022, without a corresponding increase in revenue?
The sudden increase in assets from $1 to $113,135 between 2018 and 2022, without a proportional rise in revenue, suggests a significant non-revenue asset acquisition or revaluation that is not explained in the available financial data, potentially indicating a large donation of property or other non-cash assets.
Filing History
IRS 990 filing history for Second New Light Original Free Will Baptist Church showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Second New Light Original Free Will Baptist Church's revenue has declined by 58.1%, moving from $39K to $16K. Total functional expenses fell by 79.7%, from $90K to $18K. In its most recent filing year (2023), Second New Light Original Free Will Baptist Church reported a deficit of $2K, with expenses exceeding revenue. The organization holds $204K in liabilities against $113K in assets (debt-to-asset ratio: 180.0%), resulting in net assets of $-90,576.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $18K | $113K | $204K | — | — |
| 2022 | $31K | $31K | $113K | $200K | — | — |
| 2021 | $29K | $30K | $31K | $31K | — | View 990 |
| 2020 | $28K | $29K | $31K | $31K | — | View 990 |
| 2019 | $41K | $40K | $41K | $41K | — | View 990 |
| 2018 | $45K | $40K | $1 | $0 | — | View 990 |
| 2017 | $68K | $45K | $1 | $0 | — | View 990 |
| 2016 | $38K | $48K | $1 | $0 | — | View 990 |
| 2015 | $46K | $59K | $1 | $0 | — | View 990 |
| 2014 | $69K | $99K | $1 | $0 | — | View 990 |
| 2013 | $53K | $54K | $1 | $0 | — | View 990 |
| 2012 | $39K | $90K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $18K, and assets of $113K (revenue -47.0% year-over-year).
- 2022: Revenue of $31K, expenses of $31K, and assets of $113K (revenue +5.0% year-over-year).
- 2021: Revenue of $29K, expenses of $30K, and assets of $31K (revenue +4.6% year-over-year).
- 2020: Revenue of $28K, expenses of $29K, and assets of $31K (revenue -30.7% year-over-year).
- 2019: Revenue of $41K, expenses of $40K, and assets of $41K (revenue -9.7% year-over-year).
- 2018: Revenue of $45K, expenses of $40K, and assets of $1 (revenue -34.0% year-over-year).
- 2017: Revenue of $68K, expenses of $45K, and assets of $1 (revenue +81.8% year-over-year).
- 2016: Revenue of $38K, expenses of $48K, and assets of $1 (revenue -17.9% year-over-year).
- 2015: Revenue of $46K, expenses of $59K, and assets of $1 (revenue -33.8% year-over-year).
- 2014: Revenue of $69K, expenses of $99K, and assets of $1 (revenue +30.7% year-over-year).
- 2013: Revenue of $53K, expenses of $54K, and assets of $1 (revenue +34.7% year-over-year).
- 2012: Revenue of $39K, expenses of $90K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second New Light Original Free Will Baptist Church:
Data Sources and Methodology
This transparency report for Second New Light Original Free Will 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.