Is Fellowship Of Spirit Inc Legit?

Quick charity verification for Fellowship Of Spirit Inc (EIN: 205121629)

Verdict: Fellowship Of Spirit Inc appears trustworthy

80/100Mission Score
$31KRevenue
$316KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Fellowship Of Spirit Inc demonstrates a generally stable financial position with consistent asset levels over the past decade, hovering around $300,000 in recent years, reaching $323,438 in 2023. However, the organization's revenue has shown significant volatility, peaking at $178,598 in 2014 but declining substantially to $35,076 in 2023. Despite this revenue fluctuation, expenses have remained relatively controlled, with the organization operating at a surplus in 2023 ($35,076 revenue vs. $19,393 expenses). The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing administrative overhead related to executive pay, which is a positive sign for donor confidence. The organization's liabilities have also shown a positive trend, decreasing from a high of $93,575 in 2015 to $26,999 in 2023, suggesting improved financial management and reduced debt burden. While specific program spending details are not provided in the summary data, the absence of officer compensation suggests a lean operational structure.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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