No red flags identified.
AI Transparency Report
Faith In Action Washburn County demonstrates consistent financial health with growing revenue and assets over the past decade. Their latest filing shows revenue of $93,693 against expenses of $81,357, indicating a surplus. The organization's assets have steadily increased from $27,355 in 2011 to $130,664 in 2023, suggesting sound financial management and accumulation of resources. The absence of reported officer compensation across all available filings points to a high degree of spending efficiency and a volunteer-driven leadership model, which is commendable for a nonprofit of this size.
Their spending efficiency appears strong, particularly given the zero officer compensation. This allows a greater proportion of funds to be directed towards program services. While specific program vs. administrative spending ratios aren't detailed in the provided summary, the overall financial picture suggests a lean operation. The consistent filing of IRS Form 990s over many years, including the most recent 202312 period, indicates good transparency practices, allowing public scrutiny of their financial activities.
Overall, Faith In Action Washburn County appears to be a financially stable and efficiently run organization. Their growth in revenue and assets, coupled with no reported officer compensation, suggests a strong commitment to their mission and responsible stewardship of donor funds. The consistent filing history further reinforces their commitment to transparency.