How Spirit Of Faith Adoptions Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Spirit Of Faith Adoptions Inc
Is Spirit Of Faith Adoptions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spirit Of Faith Adoptions Inc (EIN: 202231985) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Spirit Of Faith Adoptions Inc a good charity to donate to?
Spirit Of Faith Adoptions Inc has a Mission Score of 85/100. Revenue: $526K. Assets: $266K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Spirit Of Faith Adoptions Inc?
The Employer Identification Number (EIN) for Spirit Of Faith Adoptions Inc is 202231985. 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 Spirit Of Faith Adoptions Inc spend its money?
Spirit Of Faith Adoptions Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Spirit Of Faith Adoptions Inc's tax-exempt status?
You can verify Spirit Of Faith Adoptions Inc's tax-exempt status using EIN 202231985 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
Spirit Of Faith Adoptions Inc has demonstrated consistent growth in revenue and assets over the past several years, indicating improving financial health. In 2023, the organization reported revenue of $435,644 against expenses of $329,736, resulting in a surplus that contributed to a significant increase in assets to $214,577. This positive trend is a good sign for long-term sustainability, especially when compared to earlier periods where expenses often exceeded revenue, leading to lower asset bases and higher liabilities.
The organization appears to be spending efficiently, with a healthy margin between revenue and expenses in recent years. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests effective management of resources. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards the mission rather than executive salaries, which is a strong positive for transparency and donor confidence.
Spirit Of Faith Adoptions Inc's financial trajectory shows a positive shift from periods of deficit spending to consistent surpluses, strengthening its balance sheet. The absence of officer compensation is a notable strength in terms of transparency and resource allocation. Further analysis of detailed expense categories would provide a more granular understanding of spending efficiency, but the available data points to a well-managed and growing nonprofit.