Quick charity verification for Faith In Action West Sound (EIN: 20700148)
Verdict: Faith In Action West Sound appears trustworthy
92/100Mission Score
$854KRevenue
$2.5MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is categorized differently or a fully volunteer executive team, warranting further investigation for clarity.
Strengths
Consistent reporting of 0% officer compensation, indicating high dedication to mission.
Strong and stable asset base, consistently above $2.5 million in recent years.
Generally effective expense management, with revenue often exceeding expenses.
Faith In Action West Sound demonstrates consistent financial stability with a healthy asset base. Over the past five years, the organization has maintained assets well over $2 million, reaching $2,537,130 in 2023. While revenue has fluctuated, the organization generally manages its expenses effectively, as seen in 2023 where revenue of $761,407 exceeded expenses of $713,784. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a significant positive for transparency and efficiency. The organization's liabilities have also remained manageable relative to its assets, suggesting prudent financial management.