Shekinah Resource Foundation
EIN: 475304111 · Winston Salem, NC · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Net Assets | $235K |
Is Shekinah Resource Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shekinah Resource Foundation
Shekinah Resource Foundation (EIN: 475304111) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code P99. The organization reported total revenue of $251K and total assets of $875K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shekinah Resource Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shekinah Resource Foundation is a small nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2020–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $251K |
| Total Expenses | $0 |
| Surplus / Deficit | +$251K |
| Total Assets | $875K |
| Total Liabilities | $640K |
| Net Assets | $235K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 73.2% |
Financial Health Grade: B
In 2023, Shekinah Resource Foundation reported a surplus of $251K with revenue exceeding expenses, has a debt-to-asset ratio of 73.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -60.5% | -100.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shekinah Resource Foundation 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 Shekinah Resource Foundation 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:
- Debt-to-asset ratio: 73.2%.
Frequently Asked Questions about Shekinah Resource Foundation
Is Shekinah Resource Foundation a legitimate charity?
Shekinah Resource Foundation (EIN: 475304111) is a registered tax-exempt nonprofit based in North Carolina. It has 3 years of IRS 990 filings on record. Total revenue: $251K. No red flags identified. Financial health grade: B.
How does Shekinah Resource Foundation spend its money?
Shekinah Resource Foundation reported $251K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shekinah Resource Foundation tax-deductible?
Shekinah Resource Foundation is registered as a tax-exempt nonprofit (EIN: 475304111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shekinah Resource Foundation located?
Shekinah Resource Foundation is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 475304111. It is classified under NTEE code P99.
How many years of IRS 990 filings does Shekinah Resource Foundation have?
Shekinah Resource Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $251K in total revenue.
Filing History
IRS 990 filing history for Shekinah Resource Foundation showing financial trends over 3 years of public records:
Total assets increased by 3803.5% over the same period, from $22K to $875K. Total functional expenses fell by 100%, from $5K to $0. The organization holds $640K in liabilities against $875K in assets (debt-to-asset ratio: 73.2%), resulting in net assets of $235K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $251K | $0 | $875K | $640K | — | — |
| 2021 | $634K | $618K | $875K | $763K | — | View 990 |
| 2020 | $0 | $5K | $22K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $251K, expenses of $0, and assets of $875K (revenue -60.5% year-over-year).
- 2021: Revenue of $634K, expenses of $618K, and assets of $875K.
- 2020: Revenue of $0, expenses of $5K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shekinah Resource Foundation:
Data Sources and Methodology
This transparency report for Shekinah Resource Foundation 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.