Classics for Christ INC EIN 99-4107801 Form 990 (PDF) Claim this org

Classics for Christ INC

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Sells classic cars, with all profits supporting faith-based ministries and charities. For fiscal year 2025 it reported $399K in revenue, $418K in expenses, and $-64K in net assets.Pt I

Type
Religious organization · Religion
Location
Albany, GA
Website
www.classics-for-christ.com
Filings
2 on file (2024–2025)
Revenue
$399KFY2025
Expenses
$418K
Net assets
$-64K
People
2
Filings
2
Updates
0
More identity details & actions ⌄
EIN  99-4107801 Religious organization Albany, GA
Form 990 (PDF)
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Size
$100K–1M
What they do
Sells classic cars, with all profits supporting faith-based ministries and charities.
Leadership
Darrel J Finnicum · President
Money in and out
$399K revenue, $418K expenses
Bottom line
92% program efficiency
Where the money goes · FY2025
Total revenue
$399K
Pt VIII · Ln 12
Total expenses
$418K
Pt IX · Ln 25
Net assets
$-64K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate▼ -100% vs prior filing year
Surplus margin
-5%
revenue over expenses, this year▲ +94% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$399K
FY2025▲ +583%
Expenses
$418K
FY2025▲ +301%
Total assets
$405K
FY2025▼ -39%
Total liabilities
$470K
FY2025▼ -34%
Total revenue
$399K
Pt VIII · Ln 12
Total expenses
$418K
Pt IX · Ln 25
Net assets
$-64K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$405K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CClassics for Christ INC
EINHdr · item D99-4107801
Principal addressHdr · item CAlbany, GA
WebsiteHdr · item Jwww.classics-for-christ.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X12)
Ruling yearIRS BMFOct 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $384K of program spending, described in the organization's own filed words · FY2025.
01

Buying and reselling classic cars and utilizing all profit to support other non profit organizations and ministries.

$384Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$274K · 69%
Contributions & grants$125K · 31%
Program service revenue69%$274K
Contributions & grants31%$125K
— government grantsLn 1e$125K
Total revenueLn 12$399K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$384K
Management & general8%$34K
Total functional expensesLn 25$418K

Balance Sheet

Part X · end of year
CashLn 1$2K
Total assetsLn 16$405K
Total liabilitiesLn 26$470K
Total net assetsLn 32$-64K
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2K · Operating expenses/yr $418K
0.0 months
Where the money goes
Program services
Program services $384K · Total expenses $418K
92%
Management & General
Management & general $34K · Total expenses $418K
8%
Fundraising
Fundraising $0 · Total expenses $418K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $125K · Total revenue $399K
31%
Government reliance
Government grants $125K · Total revenue $399K
31%
Earned-income share
Program service revenue $274K · Total revenue $399K
69%
Investment reliance
Investment income $0 · Total revenue $399K
0%
Program self-sufficiency
Program service revenue $274K · Total expenses $418K
66%
Growth & trend
Revenue growth (YoY)
This year $399K · Prior year $58K
+583%
Net-asset trend (YoY)
End of year $-64K · Beginning of year $-46K
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $399K · Expenses $418K
-5%
Liabilities-to-Assets
Total liabilities $470K · Total assets $405K
116%
Net-asset ratio
Net assets $-64K · Total assets $405K
-16%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $405K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Darrel J Finnicum · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $418K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $13K · Total expenses $418K
3%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth 583%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$399K revenue · viewing · ⤓ 990 PDF
FY2024$58K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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