Is Faith Acres Foundation Legit?

Strengths

Consistent revenue growth, from $844,677 in 2014 to over $3 million in recent years, demonstrating strong donor support.
Stable financial operations with expenses generally aligning closely with revenues, indicating sound budgeting.
Significant asset growth over time, from $28,108 in 2015 to $276,170 in 2023, enhancing organizational capacity.
Consistent IRS 990 filing history (13 filings), indicating strong regulatory compliance and transparency.
No reported officer compensation, suggesting a high dedication of resources directly to mission or volunteer leadership.

Spending Breakdown

How Faith Acres Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Faith Acres Foundation

Is Faith Acres Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Faith Acres Foundation (EIN: 205891871) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

Is Faith Acres Foundation a good charity to donate to?

Faith Acres Foundation has a Mission Score of 85/100. Revenue: $3.2M. Assets: $183K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Faith Acres Foundation?

The Employer Identification Number (EIN) for Faith Acres Foundation is 205891871. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Faith Acres Foundation spend its money?

Faith Acres Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Faith Acres Foundation's tax-exempt status?

You can verify Faith Acres Foundation's tax-exempt status using EIN 205891871 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Faith Acres Foundation demonstrates consistent financial activity, with revenues and expenses generally balancing out each year, indicating a stable operational model. For instance, in 2023, revenues were $3,387,310 against expenses of $3,389,262, showing a slight deficit but overall close alignment. The organization's assets have shown growth over the years, from $28,108 in 2015 to $276,170 in 2023, suggesting increasing capacity or reserves. Liabilities have fluctuated but remain manageable relative to assets, such as $92,012 in liabilities against $276,170 in assets in 2023.

A key aspect of their financial health is the reported 0% officer compensation across all available filings. This suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation directly to mission-related activities. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), it's challenging to fully assess spending efficiency. The consistent growth in revenue, from $844,677 in 2014 to over $3 million in recent years, indicates strong donor support and operational scaling.

While the absence of officer compensation is notable, a more granular breakdown of expenses would enhance transparency regarding how funds are allocated across different functions. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure, which is a positive sign for transparency.

Verdict: Faith Acres Foundation appears trustworthy

Red Flags