Facing Addiction Inc
EIN: 270163591 · Danbury, CT
| Metric | Value |
|---|---|
| Total Expenses | $1.8M |
| Net Assets | $-1,019,270 |
Is Facing Addiction Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Facing Addiction Inc
Facing Addiction Inc (EIN: 270163591) is a nonprofit organization based in Danbury, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Facing Addiction Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Facing Addiction Inc is a mid-size nonprofit, with 2 years of IRS 990 filings on record (2015–2016). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-29,959 |
| Total Assets | $1.1M |
| Total Liabilities | $2.1M |
| Net Assets | $-1,019,270 |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 196.4% |
| Months of Reserves | 7.0 months |
Financial Health Grade: C
In 2016, Facing Addiction Inc reported a deficit of $30K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 196.4% (high leverage).
Financial Trends
Over 2 years of filings (2015–2016), Facing Addiction Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -2.3% | -43.7% | +88.1% |
AI Analysis Pending
AI enrichment for Facing Addiction Inc 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 Facing Addiction Inc 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 196.4%.
Frequently Asked Questions about Facing Addiction Inc
Is Facing Addiction Inc a legitimate charity?
Facing Addiction Inc (EIN: 270163591) is a registered tax-exempt nonprofit based in Connecticut. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Facing Addiction Inc spend its money?
Facing Addiction Inc reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Facing Addiction Inc tax-deductible?
Facing Addiction Inc is registered as a tax-exempt nonprofit (EIN: 270163591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Facing Addiction Inc located?
Facing Addiction Inc is headquartered in Danbury, Connecticut and files with the IRS under EIN 270163591.
How many years of IRS 990 filings does Facing Addiction Inc have?
Facing Addiction Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Facing Addiction Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2016), Facing Addiction Inc's revenue has declined by 2.3%, moving from $1.8M to $1.8M. Total assets increased by 88.1% over the same period, from $562K to $1.1M. Total functional expenses fell by 43.7%, from $3.2M to $1.8M. In its most recent filing year (2016), Facing Addiction Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $1.1M in assets (debt-to-asset ratio: 196.4%), resulting in net assets of $-1,019,270.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1.8M | $1.8M | $1.1M | $2.1M | — | View 990 |
| 2015 | $1.8M | $3.2M | $562K | $1.6M | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Facing Addiction Inc:
Data Sources and Methodology
This transparency report for Facing Addiction Inc 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.