Is Faith Foundation Of Griffin Legit?

Quick charity verification for Faith Foundation Of Griffin (EIN: 207496401)

Verdict: Faith Foundation Of Griffin appears trustworthy

85/100Mission Score
$178KRevenue
$2.2MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Faith Foundation Of Griffin demonstrates a fluctuating financial history, with significant revenue spikes in 2020 ($2,071,506) and 2021 ($372,433) compared to other years where revenue was substantially lower, sometimes under $1,000. Despite these fluctuations, the organization consistently maintains a strong asset base, reaching $2,331,883 in 2021, far exceeding its liabilities which have historically been negligible. This suggests a conservative financial management approach, building reserves rather than incurring debt. The absence of reported officer compensation across all available filings indicates a commitment to minimizing administrative overhead, which is a positive sign for donor confidence. However, the wide variance in revenue and expenses over the years could indicate inconsistent program activity or reliance on sporadic large donations, which might pose long-term sustainability questions if not managed strategically. The latest revenue of $178,372 is a significant drop from 2020 and 2021, but still healthy given the minimal expenses reported in some periods.

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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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