Is Faith Works Community Development Corporation Legit?
Quick charity verification for Faith Works Community Development Corporation (EIN: 202481918)
Verdict: Faith Works Community Development Corporation appears trustworthy
90/100Mission Score
$4KRevenue
$169Assets
1Red Flags
4Strengths
Red Flags
Significant decline in revenue over time, from $30,592 in 2015 to $4,083 in 2019, which could indicate reduced operational capacity or donor support.
Strengths
100% program spending, as all expenses match revenue and no officer compensation is reported.
Zero officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
No liabilities reported, suggesting sound financial management and avoidance of debt.
Consistent spending of all revenue on operations, demonstrating a commitment to immediate program delivery.
Spending Breakdown
How Faith Works Community Development Corporation allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Works Community Development Corporation
Is Faith Works Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith Works Community Development Corporation (EIN: 202481918) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Faith Works Community Development Corporation a good charity to donate to?
Faith Works Community Development Corporation has a Mission Score of 90/100. Revenue: $4K. Assets: $169. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Faith Works Community Development Corporation?
The Employer Identification Number (EIN) for Faith Works Community Development Corporation is 202481918. 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 Works Community Development Corporation spend its money?
Faith Works Community Development Corporation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Faith Works Community Development Corporation's tax-exempt status?
You can verify Faith Works Community Development Corporation's tax-exempt status using EIN 202481918 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 Works Community Development Corporation appears to be a very small, community-focused organization with limited financial activity. Their latest filing shows revenue of $4,083 and expenses of $4,083, indicating they spent all income on operations. Assets are minimal at $169, with no liabilities, suggesting a pay-as-you-go model rather than significant capital accumulation. The organization has consistently reported 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and efficient use of funds directly for their mission. While the scale of operations is small, the financial data suggests a lean and responsible approach to managing the limited resources they receive.