St Michael Ethiopian Orthodox Tewahda Church

St Michael Ethiopian Orthodox Tewahda Church shows consistent asset growth and no reported officer compensation.

EIN: 201848483 · Edmonds, WA · NTEE: X21 · Updated: 2026-03-28

$529KRevenue
$2.6MAssets
90/100Mission Score (Excellent)
X21
St Michael Ethiopian Orthodox Tewahda Church Financial Summary
MetricValue
Total Revenue$529K
Total Expenses$358K
Program Spending85%
Net Assets$2.3M
Transparency Score90/100

Is St Michael Ethiopian Orthodox Tewahda Church Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

St Michael Ethiopian Orthodox Tewahda Church directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About St Michael Ethiopian Orthodox Tewahda Church

St Michael Ethiopian Orthodox Tewahda Church (EIN: 201848483) is a nonprofit organization based in Edmonds, WA, classified under NTEE code X21. The organization reported total revenue of $529K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Michael Ethiopian Orthodox Tewahda Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
6Years of Filings
MixedRevenue Trajectory

St Michael Ethiopian Orthodox Tewahda Church is a small nonprofit that has been operating for 21 years, with 6 years of IRS 990 filings on record (2009–2022). Revenue has grown at a compound annual rate of 24.4%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$470K
Total Expenses$358K
Surplus / Deficit+$112K
Total Assets$2.3M
Total Liabilities$300
Net Assets$2.3M
Operating Margin23.7%
Debt-to-Asset Ratio0.0%
Months of Reserves75.9 months

Financial Health Grade: A

In 2022, St Michael Ethiopian Orthodox Tewahda Church reported a surplus of $112K with revenue exceeding expenses, holds 75.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 6 years of filings (2009–2022), St Michael Ethiopian Orthodox Tewahda Church's revenue has grown at a compound annual growth rate (CAGR) of 24.4%.

YearRevenue ChangeExpense ChangeAsset Change
2022+16.1%+135.5%+3.8%
2021+49.8%-7.9%+13.1%
2020+22.4%+51.8%
2012-18.4%-25.1%-100.0%
2011+880.9%+125.4%+182.6%

IRS Tax-Exempt Classification

IRS Classification Codes7000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

St Michael Ethiopian Orthodox Tewahda Church demonstrates a consistent pattern of financial growth and asset accumulation over its filing history. The organization's latest revenue stands at $529,283, with assets reaching $2,587,326. A notable aspect of its financial management is the absence of reported officer compensation across all available filings, indicating a volunteer-led or very low-cost leadership structure, which can contribute to higher program spending efficiency. The organization has also shown a healthy surplus in recent years, with revenue significantly exceeding expenses, for example, in 202112, revenue was $404,753 against expenses of $152,159. While the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, the consistent growth in assets and revenue, coupled with zero reported officer compensation, suggests a focus on its mission and efficient use of funds. The organization's liabilities have fluctuated, with a significant liability of $1,067,526 in 201112 matching its assets, but then dropping to $0 for several years before reappearing at $300 in 202212, indicating generally low debt. Overall, St Michael Ethiopian Orthodox Tewahda Church appears to be in a strong financial position, with increasing resources and a lean operational cost structure, at least concerning executive pay. Further detailed expense breakdowns would be necessary for a more precise assessment of spending efficiency across specific categories, but the available data points to a well-managed and financially stable entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates St Michael Ethiopian Orthodox Tewahda Church with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, St Michael Ethiopian Orthodox Tewahda Church allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$470KTotal Revenue
$358KTotal Expenses
$2.3MTotal Assets
$300Total Liabilities
$2.3MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, suggesting a volunteer-led organization or that compensation falls below reporting thresholds, which is highly favorable for resource allocation to its mission.

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 St Michael Ethiopian Orthodox Tewahda Church's IRS 990 filings:

Strengths

The following positive indicators were identified for St Michael Ethiopian Orthodox Tewahda Church:

Frequently Asked Questions about St Michael Ethiopian Orthodox Tewahda Church

Is St Michael Ethiopian Orthodox Tewahda Church a legitimate charity?

Based on AI analysis of IRS 990 filings, St Michael Ethiopian Orthodox Tewahda Church (EIN: 201848483) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

How does St Michael Ethiopian Orthodox Tewahda Church spend its money?

St Michael Ethiopian Orthodox Tewahda Church directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to St Michael Ethiopian Orthodox Tewahda Church tax-deductible?

St Michael Ethiopian Orthodox Tewahda Church is registered as a tax-exempt nonprofit (EIN: 201848483). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of St Michael Ethiopian Orthodox Tewahda Church's spending goes to programs?

St Michael Ethiopian Orthodox Tewahda Church directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does St Michael Ethiopian Orthodox Tewahda Church compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), St Michael Ethiopian Orthodox Tewahda Church is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is St Michael Ethiopian Orthodox Tewahda Church located?

St Michael Ethiopian Orthodox Tewahda Church is headquartered in Edmonds, Washington and files with the IRS under EIN 201848483. It is classified under NTEE code X21.

How many years of IRS 990 filings does St Michael Ethiopian Orthodox Tewahda Church have?

St Michael Ethiopian Orthodox Tewahda Church 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 $529K in total revenue.

Is St Michael Ethiopian Orthodox Tewahda Church financially stable?

Yes, the organization appears financially stable, demonstrating consistent revenue growth from $27,565 in 200912 to $529,283 currently, and a significant increase in assets from $377,767 to $2,587,326 over the same period.

How does St Michael Ethiopian Orthodox Tewahda Church manage its leadership costs?

The organization reports 0% officer compensation in all available filings, indicating a very lean leadership cost structure, likely relying on volunteers or very modest, unreported stipends.

Has the organization's asset base grown significantly?

Yes, the organization's assets have grown substantially from $377,767 in 200912 to $2,587,326 currently, indicating strong financial health and accumulation of resources.

Filing History

IRS 990 filing history for St Michael Ethiopian Orthodox Tewahda Church showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2009–2022), St Michael Ethiopian Orthodox Tewahda Church's revenue has grown by 1604.4%, moving from $28K to $470K. Total assets increased by 500% over the same period, from $378K to $2.3M. Total functional expenses rose by 455.9%, from $64K to $358K. In its most recent filing year (2022), St Michael Ethiopian Orthodox Tewahda Church reported a surplus of $112K, with revenue exceeding expenses. The organization holds $300 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $470K $358K $2.3M $300 View 990
2021 $405K $152K $2.2M $0 View 990
2020 $270K $165K $1.9M $0 View 990
2012 $221K $109K $0 $0 View 990
2011 $270K $145K $1.1M $1.1M View 990
2009 $28K $64K $378K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for St Michael Ethiopian Orthodox Tewahda Church:

2022 Filing 2021 Filing 2020 Filing 2012 Filing 2011 Filing 2009 Filing

Data Sources and Methodology

This transparency report for St Michael Ethiopian Orthodox Tewahda 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.

Other Nonprofits in Washington

Explore more nonprofits based in Washington with AI-powered transparency reports.

View all Washington nonprofits →

Similar Organizations (NTEE X21)

Other nonprofits classified under NTEE code X21.

View all X21 nonprofits →

Explore Related Nonprofits

Browse by State