Quick charity verification for Family Promise Of Pulaski County Inc (EIN: 20703257)
Verdict: Family Promise Of Pulaski County Inc shows mixed signals
65/100Mission Score
$91KRevenue
$31KAssets
3Red Flags
3Strengths
Red Flags
Significant and consistent decline in revenue over the last two years (from $192,781 in 2021 to $89,962 in 2023).
Operating at a deficit for the past two reported periods (expenses exceeded revenue by $44,995 in 2023 and $27,327 in 2022).
Substantial decrease in total assets from $103,447 in 2021 to $31,125 in 2023, impacting financial stability.
Strengths
Consistent reporting of 0% officer compensation, indicating a lean executive overhead.
Absence of liabilities in recent years (2023, 2022, 2021), suggesting good debt management.
Long filing history (12 filings), indicating consistent compliance with IRS reporting requirements.
Spending Breakdown
How Family Promise Of Pulaski County Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Pulaski County Inc
Is Family Promise Of Pulaski County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Promise Of Pulaski County Inc (EIN: 20703257) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Family Promise Of Pulaski County Inc a good charity to donate to?
Family Promise Of Pulaski County Inc has a Mission Score of 65/100. Revenue: $91K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Family Promise Of Pulaski County Inc?
The Employer Identification Number (EIN) for Family Promise Of Pulaski County Inc is 20703257. 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 Pulaski County Inc spend its money?
Family Promise Of Pulaski County Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Family Promise Of Pulaski County Inc's tax-exempt status?
You can verify Family Promise Of Pulaski County Inc's tax-exempt status using EIN 20703257 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 Pulaski County Inc has experienced a notable decline in revenue and assets over the past few years. In 2021, revenue was $192,781, but by 2023, it had fallen to $89,962, representing a significant decrease. This trend is also reflected in their assets, which dropped from $103,447 in 2021 to $31,125 in 2023. The organization has consistently spent more than it brought in during the last two reported periods, with expenses exceeding revenue by $44,995 in 2023 and $27,327 in 2022, indicating a reliance on reserves or prior year surpluses.
The organization's financial health appears to be under stress due to declining income and consistent operating deficits. While the specific breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the consistent zero officer compensation suggests a lean operational structure at the executive level. The absence of liabilities in recent years (2023, 2022, 2021, 2018, 2017) indicates good debt management, but the shrinking asset base is a concern for long-term sustainability. Further analysis of their functional expenses would be crucial to fully assess spending efficiency.