Is Family Promise Of Gwinnett County Inc…

Quick charity verification for Family Promise Of Gwinnett County Inc (EIN: 141906067)

Spending Breakdown

How Family Promise Of Gwinnett County Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Family Promise Of Gwinnett County Inc

Is Family Promise Of Gwinnett County Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Family Promise Of Gwinnett County Inc (EIN: 141906067) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Family Promise Of Gwinnett County Inc a good charity to donate to?

Family Promise Of Gwinnett County Inc has a Mission Score of 90/100. Revenue: $579K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Family Promise Of Gwinnett County Inc?

The Employer Identification Number (EIN) for Family Promise Of Gwinnett County Inc is 141906067. 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 Family Promise Of Gwinnett County Inc spend its money?

Family Promise Of Gwinnett County Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Family Promise Of Gwinnett County Inc's tax-exempt status?

You can verify Family Promise Of Gwinnett County Inc's tax-exempt status using EIN 141906067 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

Family Promise Of Gwinnett County Inc demonstrates a generally sound financial position with consistent revenue streams and growing assets. In the most recent filing (202312), the organization reported revenues of $513,303 against expenses of $525,972, indicating a slight operational deficit for that period. However, this follows a strong surplus in 202212 where revenue ($637,930) significantly exceeded expenses ($487,237). The organization's assets have shown substantial growth, increasing from $213,686 in 201912 to $984,913 in 202312, suggesting effective asset management and potentially successful fundraising efforts or capital campaigns. Liabilities remain low relative to assets, indicating good financial stability.

The organization's spending efficiency appears strong, with a significant portion of expenses dedicated to program services. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice, combined with a clear trend of asset growth, suggests a well-managed and financially responsible nonprofit. While the NTEE code is unknown, the financial data points to an organization focused on its mission with prudent financial oversight.

Overall, Family Promise Of Gwinnett County Inc exhibits good financial health, efficient spending, and a high degree of transparency, particularly concerning executive compensation. The slight deficit in the latest year should be monitored, but the overall trend of asset growth and low liabilities provides a strong foundation. The organization's ability to manage its finances effectively while growing its asset base is commendable.

Is Family Promise Of Gwinnett County Inc Legit?

Verdict: Family Promise Of Gwinnett County Inc appears trustworthy

Red Flags

Strengths