Quick charity verification for Faith Walk Community Of The Mid South (EIN: 201507587)
Verdict: Faith Walk Community Of The Mid South appears trustworthy
90/100Mission Score
$132KRevenue
$87KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation reported across all filings, maximizing funds for mission.
Zero liabilities reported in all available filings, indicating strong financial management and no debt.
Stable and growing asset base, reaching $54,976 in 2023.
Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
Revenues consistently exceeding expenses in recent years (e.g., $97,801 revenue vs. $91,016 expenses in 2023).
Spending Breakdown
How Faith Walk Community Of The Mid South allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Walk Community Of The Mid South
Is Faith Walk Community Of The Mid South a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith Walk Community Of The Mid South (EIN: 201507587) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Faith Walk Community Of The Mid South a good charity to donate to?
Faith Walk Community Of The Mid South has a Mission Score of 90/100. Revenue: $132K. Assets: $87K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Faith Walk Community Of The Mid South?
The Employer Identification Number (EIN) for Faith Walk Community Of The Mid South is 201507587. 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 Walk Community Of The Mid South spend its money?
Faith Walk Community Of The Mid South allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Faith Walk Community Of The Mid South's tax-exempt status?
You can verify Faith Walk Community Of The Mid South's tax-exempt status using EIN 201507587 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 Walk Community Of The Mid South demonstrates consistent financial activity, with recent revenues of $97,801 in 2023 and $102,176 in 2022. The organization has maintained a healthy financial position with zero liabilities reported across all available filings, indicating strong fiscal management and no reliance on debt. Assets have shown growth, reaching $54,976 in 2023, up from $48,191 in 2022, suggesting a stable accumulation of resources.
The organization's spending efficiency appears sound, with expenses generally aligning with or slightly below revenues in recent years (e.g., $91,016 expenses against $97,801 revenue in 2023). A notable strength is the consistent reporting of 0% officer compensation across all nine filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, potentially maximizing funds available for programs. This practice enhances donor confidence and indicates a strong commitment to mission over administrative overhead.
While specific program spending ratios are not detailed in the provided data, the absence of officer compensation and zero liabilities are strong indicators of financial health and a focus on resource allocation towards the mission. The consistent filing of IRS Form 990s over nine periods also demonstrates a commitment to regulatory compliance and transparency.