Is Ark Homes Foster Family Agency Legit?

Quick charity verification for Ark Homes Foster Family Agency (EIN: 200088130)

Verdict: Ark Homes Foster Family Agency appears trustworthy

85/100Mission Score
$3.2MRevenue
$1.8MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Ark Homes Foster Family Agency demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $2,052,283 in 2023. The organization's revenue has fluctuated, peaking at $7,526,418 in 2022 before decreasing to $5,415,506 in 2023. Despite these fluctuations, expenses have largely tracked revenue, indicating a commitment to utilizing funds for operations. The agency consistently reports 0% officer compensation, which is a significant indicator of transparency and a focus on mission-related spending rather than executive enrichment. This suggests a strong dedication to allocating resources directly to its programs, which is commendable for a nonprofit of its size.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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