Building Families For Children
EIN: 463006084 · Columbia, MD · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.9M |
| Net Assets | $949K |
Is Building Families For Children Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Building Families For Children
Building Families For Children (EIN: 463006084) is a nonprofit organization based in Columbia, MD, classified under NTEE code P30. The organization reported total revenue of $1.4M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Building Families For Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Building Families For Children is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-74,805 |
| Total Assets | $1.1M |
| Total Liabilities | $152K |
| Net Assets | $949K |
| Operating Margin | -4.1% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Building Families For Children reported a deficit of $75K with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Building Families For Children's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.2% | -9.1% | -3.1% |
| 2022 | -15.7% | -4.4% | -18.3% |
| 2021 | +8.0% | -1.4% | +10.8% |
| 2020 | +17.3% | +8.9% | +19.3% |
| 2019 | +13.2% | +3.4% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Building Families For Children has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Building Families For Children with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.8%.
Frequently Asked Questions about Building Families For Children
Is Building Families For Children a legitimate charity?
Based on AI analysis of IRS 990 filings, Building Families For Children (EIN: 463006084) insufficient data. 0 red flags identified, 0 strengths noted.
How does Building Families For Children spend its money?
Detailed spending breakdown data is not yet available for Building Families For Children. Check back for updated IRS 990 analysis.
Are donations to Building Families For Children tax-deductible?
Building Families For Children is registered as a tax-exempt nonprofit (EIN: 463006084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Building Families For Children located?
Building Families For Children is headquartered in Columbia, Maryland and files with the IRS under EIN 463006084. It is classified under NTEE code P30.
How many years of IRS 990 filings does Building Families For Children have?
Building Families For Children has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Filing History
IRS 990 filing history for Building Families For Children showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Building Families For Children's revenue has grown by 160.1%, moving from $710K to $1.8M. Total assets increased by 212.3% over the same period, from $353K to $1.1M. Total functional expenses rose by 359.1%, from $418K to $1.9M. In its most recent filing year (2023), Building Families For Children reported a deficit of $75K, with expenses exceeding revenue. The organization holds $152K in liabilities against $1.1M in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $949K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $1.1M | $152K | — | View 990 |
| 2022 | $2.0M | $2.1M | $1.1M | $126K | — | View 990 |
| 2021 | $2.4M | $2.2M | $1.4M | $195K | — | — |
| 2020 | $2.2M | $2.2M | $1.3M | $365K | — | View 990 |
| 2019 | $1.9M | $2.1M | $1.1M | $154K | — | View 990 |
| 2018 | $1.7M | $2.0M | $1.2M | $117K | — | View 990 |
| 2017 | $2.3M | $2.2M | $1.5M | $136K | — | View 990 |
| 2016 | $2.4M | $2.3M | $1.1M | $152K | — | View 990 |
| 2015 | $2.0M | $1.5M | $975K | $131K | — | View 990 |
| 2014 | $710K | $418K | $353K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $1.1M (revenue -9.2% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.1M, and assets of $1.1M (revenue -15.7% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.2M, and assets of $1.4M (revenue +8.0% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $1.3M (revenue +17.3% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.1M, and assets of $1.1M (revenue +13.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $2.0M, and assets of $1.2M (revenue -26.2% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $1.5M (revenue -5.8% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.3M, and assets of $1.1M (revenue +19.4% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.5M, and assets of $975K (revenue +185.4% year-over-year).
- 2014: Revenue of $710K, expenses of $418K, and assets of $353K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Building Families For Children:
Data Sources and Methodology
This transparency report for Building Families For Children is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.