Is Florida Community Health Action Information Network Inc Legit?

Quick charity verification for Florida Community Health Action Information Network Inc (EIN: 113799890)

Verdict: Florida Community Health Action Information Network Inc has notable concerns

30/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Florida Community Health Action Information Network Inc (FCHAIN) exhibits a concerning financial trend, with its latest filing showing $0 in both revenue and assets, indicating potential dormancy or cessation of operations. This contrasts sharply with its historical activity, where revenue fluctuated significantly, from a high of $1,833,201 in 2014 to a low of $344,458 in 2010. The organization has also experienced periods of substantial net losses, such as in 2015 when expenses ($1,576,687) far exceeded revenue ($600,509), resulting in a deficit of nearly $1 million. While FCHAIN has historically maintained a healthy asset base, peaking at $1,687,313 in 2014, the current $0 asset figure raises serious questions about its financial viability and future. The lack of officer compensation reported across all available filings suggests either a volunteer-led structure or that compensation is not reported in a standard manner, which could be a positive for efficiency but also warrants further investigation given the organization's operational scale in prior years. The absence of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the overall financial trajectory is highly unstable.

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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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