Is Faith Christian Academy Of Griffinincorporated Legit?

Quick charity verification for Faith Christian Academy Of Griffinincorporated (EIN: 204062104)

Verdict: Faith Christian Academy Of Griffinincorporated shows mixed signals

55/100Mission Score
$431KRevenue
$9KAssets
4Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Faith Christian Academy Of Griffinincorporated demonstrates a consistent pattern of operating at or near break-even, with expenses frequently exceeding revenue, as seen in 2017 where expenses were $449,601 against revenues of $431,115. This trend suggests a tight financial margin and potential reliance on prior period surpluses or short-term liabilities to cover operational gaps. The organization's assets have significantly declined over the years, from $95,972 in 2011 to $8,609 in 2017, indicating a depletion of reserves or a shift in asset management strategy. The organization's financial health appears to be in a precarious state given the declining revenue trend from $770,101 in 2011 to $431,115 in 2017, coupled with the minimal asset base. While the absence of reported officer compensation suggests efficient use of funds at the executive level, the overall financial trajectory raises concerns about long-term sustainability. The consistent deficit spending in recent years, such as the $18,486 deficit in 2017, points to an ongoing challenge in matching income with expenditures. Regarding transparency, the consistent filing of IRS Form 990s over seven periods is a positive indicator. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The minimal asset base relative to its operational scale also suggests limited financial resilience.

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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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