Is Phelps County Faith Distribution Inc Legit?

Quick charity verification for Phelps County Faith Distribution Inc (EIN: 203670494)

Verdict: Phelps County Faith Distribution Inc appears trustworthy

88/100Mission Score
$182KRevenue
$725KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Phelps County Faith Distribution Inc demonstrates a generally healthy financial position with consistent revenue streams over the past four years, averaging around $180,000 annually. The organization has shown strong financial growth, particularly in its asset base, which increased significantly from $33,895 in 2022 to $681,489 in 2023. This substantial increase in assets, while not fully explained by revenue alone, suggests potential capital investments or significant non-cash contributions. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and efficient use of funds. However, the wide fluctuation in expenses, from a low of $34,110 in 2020 to a high of $115,845 in 2022, warrants further investigation to understand the underlying operational changes or specific program initiatives driving these variations. The organization's transparency is bolstered by its consistent filing of IRS Form 990, providing public access to its financial data.

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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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