Solid Rock Baptist Church
Solid Rock Baptist Church: Consistent Revenue, Declining Assets, and Limited Transparency
EIN: 222305385 · Irvington, NJ · NTEE: X20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $240K |
| Program Spending | 70% |
| Net Assets | $455K |
| Transparency Score | 65/100 |
Is Solid Rock Baptist Church Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Solid Rock Baptist Church directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Solid Rock Baptist Church
Solid Rock Baptist Church (EIN: 222305385) is a nonprofit organization based in Irvington, NJ, classified under NTEE code X20. The organization reported total revenue of $213K and total assets of $683K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solid Rock Baptist Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solid Rock Baptist Church is a small nonprofit that has been operating for 14 years, with 15 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $212K |
| Total Expenses | $240K |
| Surplus / Deficit | $-27,959 |
| Total Assets | $699K |
| Total Liabilities | $245K |
| Net Assets | $455K |
| Operating Margin | -13.2% |
| Debt-to-Asset Ratio | 35.0% |
| Months of Reserves | 34.9 months |
Financial Health Grade: B
In 2023, Solid Rock Baptist Church reported a deficit of $28K with expenses exceeding revenue, holds 34.9 months of operating reserves (strong position), has a debt-to-asset ratio of 35.0% (moderate leverage).
Financial Trends
Over 15 years of filings (2009–2023), Solid Rock Baptist Church's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.6% | +35.6% | -8.5% |
| 2022 | -15.8% | -15.6% | -1.3% |
| 2021 | +25.5% | +90.0% | -3.5% |
| 2020 | -28.0% | -51.2% | +6.8% |
| 2019 | +28.2% | +23.7% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2012 |
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 Solid Rock Baptist Church with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Solid Rock Baptist Church allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.0%.
Executive Compensation Analysis
Executive compensation is not publicly disclosed due to the organization's church status, making it impossible to assess specific figures or reasonableness.
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 Solid Rock Baptist Church's IRS 990 filings:
- Consistent decline in total assets from $801,324 in 2020 to $683,285 in 2023, indicating potential long-term financial strain or asset utilization.
- Lack of detailed financial reporting beyond basic revenue and expense figures due to church exemption, hindering comprehensive financial analysis.
- No information available regarding specific program activities or their impact, making it difficult to evaluate mission effectiveness.
Strengths
The following positive indicators were identified for Solid Rock Baptist Church:
- Maintained relatively stable revenue streams over the past several years, with 2023 revenue at $213,110.
- Low reported liabilities relative to assets, suggesting a conservative approach to debt.
Frequently Asked Questions about Solid Rock Baptist Church
Is Solid Rock Baptist Church a legitimate charity?
Based on AI analysis of IRS 990 filings, Solid Rock Baptist Church (EIN: 222305385) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Solid Rock Baptist Church spend its money?
Solid Rock Baptist Church directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Solid Rock Baptist Church tax-deductible?
Solid Rock Baptist Church is registered as a tax-exempt nonprofit (EIN: 222305385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Solid Rock Baptist Church's spending goes to programs?
Solid Rock Baptist Church directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Solid Rock Baptist Church compare to similar nonprofits?
With a transparency score of 65/100 (Good), Solid Rock Baptist Church is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Solid Rock Baptist Church located?
Solid Rock Baptist Church is headquartered in Irvington, New Jersey and files with the IRS under EIN 222305385. It is classified under NTEE code X20.
How many years of IRS 990 filings does Solid Rock Baptist Church have?
Solid Rock Baptist Church has 15 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 $213K in total revenue.
What does Solid Rock Baptist Church do?
Solid Rock Baptist Church is a nonprofit organization in the Religion-Related sector, located in Irvington, New Jersey. It is classified under NTEE code X20.
How much revenue does Solid Rock Baptist Church have?
Solid Rock Baptist Church reported total revenue of $213,110. Based on 15 IRS 990 filings on record.
What are Solid Rock Baptist Church's total assets?
Solid Rock Baptist Church holds total assets of $683,285 as reported in IRS 990 filings.
Where is Solid Rock Baptist Church located?
Solid Rock Baptist Church is based in Irvington, New Jersey.
What is Solid Rock Baptist Church's EIN?
Solid Rock Baptist Church's Employer Identification Number (EIN) is 222305385. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Solid Rock Baptist Church?
Solid Rock Baptist Church is classified under NTEE code X20 (Religion-Related).
Is Solid Rock Baptist Church a registered 501(c)(3)?
Yes, Solid Rock Baptist Church is recognized as a tax-exempt organization by the IRS. EIN: 222305385.
Does Solid Rock Baptist Church file IRS Form 990?
Yes, Solid Rock Baptist Church has 15 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Solid Rock Baptist Church's revenue in 2023?
In the 202312 filing period, Solid Rock Baptist Church reported total revenue of $212,245, total expenses of $240,204, and net assets of $699,381.
Is Solid Rock Baptist Church's revenue growing or declining?
Solid Rock Baptist Church's revenue is growing. Revenue went from $175,988 (202212) to $212,245 (202312), a +20.6% change. Based on 15 filings on record.
What is Solid Rock Baptist Church's most recent 990 filing?
The most recent IRS Form 990 filing for Solid Rock Baptist Church covers tax period 202312. It shows revenue of $212,245, expenses of $240,204, total assets of $699,381, and liabilities of $244,668.
How much does Solid Rock Baptist Church spend on programs vs administration?
Based on IRS 990 analysis, Solid Rock Baptist Church allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Solid Rock Baptist Church a trustworthy charity?
Based on AI analysis of IRS 990 data, Solid Rock Baptist Church shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Solid Rock Baptist Church?
The following concerns were identified: Consistent decline in total assets from $801,324 in 2020 to $683,285 in 2023, indicating potential long-term financial strain or asset utilization.. Lack of detailed financial reporting beyond basic revenue and expense figures due to church exemption, hindering comprehensive financial analysis.. No information available regarding specific program activities or their impact, making it difficult to evaluate mission effectiveness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Solid Rock Baptist Church's strengths?
Positive indicators for Solid Rock Baptist Church include: Maintained relatively stable revenue streams over the past several years, with 2023 revenue at $213,110.. Low reported liabilities relative to assets, suggesting a conservative approach to debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Solid Rock Baptist Church compensate executives?
Executive compensation is not publicly disclosed due to the organization's church status, making it impossible to assess specific figures or reasonableness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent decline in assets, what specific strategies are being implemented to reverse this trend or ensure long-term financial sustainability?
Without detailed financial statements, it's unclear if the asset decline is due to depreciation, asset sales, or operational deficits. The organization's strategy to address this trend is not publicly available.
How does Solid Rock Baptist Church measure and report the impact of its programs, especially given the lack of detailed spending breakdowns?
Due to the absence of Form 990 filings and detailed financial disclosures, there is no public information available on how the church measures or reports the impact of its programs.
Filing History
IRS 990 filing history for Solid Rock Baptist Church showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2009–2023), Solid Rock Baptist Church's revenue has grown by 9.7%, moving from $193K to $212K. Total assets decreased by 24.7% over the same period, from $928K to $699K. Total functional expenses rose by 30.2%, from $185K to $240K. In its most recent filing year (2023), Solid Rock Baptist Church reported a deficit of $28K, with expenses exceeding revenue. The organization holds $245K in liabilities against $699K in assets (debt-to-asset ratio: 35.0%), resulting in net assets of $455K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $212K | $240K | $699K | $245K | — | — |
| 2022 | $176K | $177K | $764K | $281K | — | View 990 |
| 2021 | $209K | $210K | $774K | $291K | — | View 990 |
| 2020 | $166K | $110K | $802K | $318K | — | View 990 |
| 2019 | $231K | $226K | $751K | $323K | — | View 990 |
| 2018 | $180K | $183K | $759K | $335K | — | View 990 |
| 2017 | $225K | $240K | $761K | $335K | — | View 990 |
| 2016 | $233K | $225K | $801K | $360K | — | View 990 |
| 2015 | $273K | $282K | $795K | $363K | — | View 990 |
| 2014 | $270K | $266K | $805K | $363K | — | View 990 |
| 2013 | $270K | $235K | $805K | $367K | — | View 990 |
| 2012 | $230K | $205K | $777K | $374K | — | — |
| 2011 | $221K | $201K | $970K | $589K | — | — |
| 2010 | $182K | $166K | $945K | $585K | — | — |
| 2009 | $193K | $185K | $928K | $585K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $212K, expenses of $240K, and assets of $699K (revenue +20.6% year-over-year).
- 2022: Revenue of $176K, expenses of $177K, and assets of $764K (revenue -15.8% year-over-year).
- 2021: Revenue of $209K, expenses of $210K, and assets of $774K (revenue +25.5% year-over-year).
- 2020: Revenue of $166K, expenses of $110K, and assets of $802K (revenue -28.0% year-over-year).
- 2019: Revenue of $231K, expenses of $226K, and assets of $751K (revenue +28.2% year-over-year).
- 2018: Revenue of $180K, expenses of $183K, and assets of $759K (revenue -19.8% year-over-year).
- 2017: Revenue of $225K, expenses of $240K, and assets of $761K (revenue -3.7% year-over-year).
- 2016: Revenue of $233K, expenses of $225K, and assets of $801K (revenue -14.4% year-over-year).
- 2015: Revenue of $273K, expenses of $282K, and assets of $795K (revenue +1.1% year-over-year).
- 2014: Revenue of $270K, expenses of $266K, and assets of $805K (revenue -0.2% year-over-year).
- 2013: Revenue of $270K, expenses of $235K, and assets of $805K (revenue +17.7% year-over-year).
- 2012: Revenue of $230K, expenses of $205K, and assets of $777K (revenue +3.8% year-over-year).
- 2011: Revenue of $221K, expenses of $201K, and assets of $970K (revenue +21.5% year-over-year).
- 2010: Revenue of $182K, expenses of $166K, and assets of $945K (revenue -5.9% year-over-year).
- 2009: Revenue of $193K, expenses of $185K, and assets of $928K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Solid Rock Baptist Church:
Data Sources and Methodology
This transparency report for Solid Rock 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.