Is Faith Christian Academy Of Waynesboro…

Quick charity verification for Faith Christian Academy Of Waynesboro Incorporated (EIN: 208972657)

Spending Breakdown

How Faith Christian Academy Of Waynesboro Incorporated allocates its funds across programs, administration, and fundraising.

90%

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 Christian Academy Of Waynesboro Incorporated

Is Faith Christian Academy Of Waynesboro Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Faith Christian Academy Of Waynesboro Incorporated (EIN: 208972657) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Faith Christian Academy Of Waynesboro Incorporated a good charity to donate to?

Faith Christian Academy Of Waynesboro Incorporated has a Mission Score of 92/100. Revenue: $829K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Faith Christian Academy Of Waynesboro Incorporated?

The Employer Identification Number (EIN) for Faith Christian Academy Of Waynesboro Incorporated is 208972657. 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 Christian Academy Of Waynesboro Incorporated spend its money?

Faith Christian Academy Of Waynesboro Incorporated allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Faith Christian Academy Of Waynesboro Incorporated's tax-exempt status?

You can verify Faith Christian Academy Of Waynesboro Incorporated's tax-exempt status using EIN 208972657 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 Christian Academy Of Waynesboro Incorporated demonstrates a generally stable financial position with consistent revenue streams over the past decade. In the latest filing (202307), the organization reported revenue of $828,904 against expenses of $609,936, resulting in a surplus that contributed to an increase in assets to $1,062,602. This positive trend in net assets, growing from $695,673 in 2014 to over $1 million currently, indicates sound financial management and an ability to build reserves. The organization's liabilities have fluctuated but remain manageable relative to its assets, with a liability of $475,425 in 2023. The consistent reporting of 0% officer compensation across all filings suggests a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.

Spending efficiency appears strong, as evidenced by the consistent surpluses in most years, particularly the significant surplus in 2023. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratio relative to revenue is healthy. The absence of reported officer compensation is a significant positive indicator of efficiency and a focus on mission-related spending. The organization's consistent filing of IRS Form 990s over 12 periods also demonstrates a commitment to transparency and regulatory compliance, allowing for public scrutiny of its financial activities.

Overall, Faith Christian Academy Of Waynesboro Incorporated appears to be a financially healthy and well-managed nonprofit. Its ability to generate surpluses, grow its asset base, and maintain a clean record regarding executive compensation points to a responsible stewardship of resources. The consistent financial growth and lack of red flags regarding compensation or excessive liabilities suggest a transparent and efficient operation.

Is Faith Christian Academy Of Waynesboro Incorporated Legit?

Verdict: Faith Christian Academy Of Waynesboro Incorporated appears trustworthy

Strengths