Facing Foster Care In Alaska
EIN: 743099527 · Anchorage, AK · NTEE: I72
| Metric | Value |
|---|---|
| Total Revenue | $565K |
| Total Expenses | $509K |
| Net Assets | $190K |
Is Facing Foster Care In Alaska Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Facing Foster Care In Alaska
Facing Foster Care In Alaska (EIN: 743099527) is a nonprofit organization based in Anchorage, AK, classified under NTEE code I72. The organization reported total revenue of $565K and total assets of $521K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Facing Foster Care In Alaska's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Facing Foster Care In Alaska is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $509K |
| Surplus / Deficit | $-333,640 |
| Total Assets | $190K |
| Total Liabilities | $116 |
| Net Assets | $190K |
| Operating Margin | -190.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, Facing Foster Care In Alaska reported a deficit of $334K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Facing Foster Care In Alaska's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -83.1% | -34.0% | -63.7% |
| 2022 | +414.7% | +340.9% | +104.5% |
| 2021 | -12.1% | -9.0% | +11.7% |
| 2020 | +57.1% | +57.7% | +19.5% |
| 2019 | -41.1% | +1.8% | +14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Facing Foster Care In Alaska 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 Foster Care In Alaska 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 $334K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Facing Foster Care In Alaska
Is Facing Foster Care In Alaska a legitimate charity?
Based on AI analysis of IRS 990 filings, Facing Foster Care In Alaska (EIN: 743099527) insufficient data. 0 red flags identified, 0 strengths noted.
How does Facing Foster Care In Alaska spend its money?
Detailed spending breakdown data is not yet available for Facing Foster Care In Alaska. Check back for updated IRS 990 analysis.
Are donations to Facing Foster Care In Alaska tax-deductible?
Facing Foster Care In Alaska is registered as a tax-exempt nonprofit (EIN: 743099527). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Facing Foster Care In Alaska located?
Facing Foster Care In Alaska is headquartered in Anchorage, Alaska and files with the IRS under EIN 743099527. It is classified under NTEE code I72.
How many years of IRS 990 filings does Facing Foster Care In Alaska have?
Facing Foster Care In Alaska 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 $565K in total revenue.
Filing History
IRS 990 filing history for Facing Foster Care In Alaska showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Facing Foster Care In Alaska's revenue has grown by 115.3%, moving from $81K to $175K. Total assets increased by 19028300% over the same period, from $1 to $190K. Total functional expenses rose by 503.1%, from $84K to $509K. In its most recent filing year (2023), Facing Foster Care In Alaska reported a deficit of $334K, with expenses exceeding revenue. The organization holds $116 in liabilities against $190K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $190K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $509K | $190K | $116 | — | View 990 |
| 2022 | $1.0M | $771K | $524K | $45 | — | View 990 |
| 2021 | $202K | $175K | $256K | $0 | — | — |
| 2020 | $230K | $192K | $229K | $0 | — | View 990 |
| 2019 | $146K | $122K | $192K | $16 | — | View 990 |
| 2018 | $248K | $120K | $168K | $82 | — | View 990 |
| 2017 | $104K | $96K | $40K | $884 | — | View 990 |
| 2016 | $113K | $105K | $33K | $1K | — | View 990 |
| 2015 | $116K | $112K | $24K | $643 | — | View 990 |
| 2014 | $81K | $84K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $509K, and assets of $190K (revenue -83.1% year-over-year).
- 2022: Revenue of $1.0M, expenses of $771K, and assets of $524K (revenue +414.7% year-over-year).
- 2021: Revenue of $202K, expenses of $175K, and assets of $256K (revenue -12.1% year-over-year).
- 2020: Revenue of $230K, expenses of $192K, and assets of $229K (revenue +57.1% year-over-year).
- 2019: Revenue of $146K, expenses of $122K, and assets of $192K (revenue -41.1% year-over-year).
- 2018: Revenue of $248K, expenses of $120K, and assets of $168K (revenue +138.9% year-over-year).
- 2017: Revenue of $104K, expenses of $96K, and assets of $40K (revenue -8.0% year-over-year).
- 2016: Revenue of $113K, expenses of $105K, and assets of $33K (revenue -2.5% year-over-year).
- 2015: Revenue of $116K, expenses of $112K, and assets of $24K (revenue +42.2% year-over-year).
- 2014: Revenue of $81K, expenses of $84K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Facing Foster Care In Alaska:
Data Sources and Methodology
This transparency report for Facing Foster Care In Alaska 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.