Faith And Life Inc
EIN: 474045305 · Newton, KS · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $459K |
| Total Expenses | $482K |
| Net Assets | $122K |
Is Faith And Life Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith And Life Inc
Faith And Life Inc (EIN: 474045305) is a nonprofit organization based in Newton, KS, classified under NTEE code X99. The organization reported total revenue of $459K and total assets of $327K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith And Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith And Life Inc is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $472K |
| Total Expenses | $482K |
| Surplus / Deficit | $-9,262 |
| Total Assets | $272K |
| Total Liabilities | $150K |
| Net Assets | $122K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 55.1% |
| Months of Reserves | 6.8 months |
Financial Health Grade: C
In 2023, Faith And Life Inc reported a deficit of $9K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 55.1% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Faith And Life Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.5% | +9.1% | +0.9% |
| 2022 | -8.8% | -4.8% | -5.4% |
| 2021 | +21.1% | +17.8% | +10.5% |
| 2020 | +1.3% | -3.5% | +6.4% |
| 2019 | -2.7% | -6.9% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith And Life 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 Faith And Life 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.1%.
Frequently Asked Questions about Faith And Life Inc
Is Faith And Life Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith And Life Inc (EIN: 474045305) insufficient data. 0 red flags identified, 0 strengths noted.
How does Faith And Life Inc spend its money?
Detailed spending breakdown data is not yet available for Faith And Life Inc. Check back for updated IRS 990 analysis.
Are donations to Faith And Life Inc tax-deductible?
Faith And Life Inc is registered as a tax-exempt nonprofit (EIN: 474045305). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith And Life Inc located?
Faith And Life Inc is headquartered in Newton, Kansas and files with the IRS under EIN 474045305. It is classified under NTEE code X99.
How many years of IRS 990 filings does Faith And Life Inc have?
Faith And Life Inc has 9 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 $459K in total revenue.
Filing History
IRS 990 filing history for Faith And Life Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Faith And Life Inc's revenue has declined by 30.5%, moving from $680K to $472K. Total assets decreased by 53.6% over the same period, from $587K to $272K. Total functional expenses rose by 146.3%, from $196K to $482K. In its most recent filing year (2023), Faith And Life Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $150K in liabilities against $272K in assets (debt-to-asset ratio: 55.1%), resulting in net assets of $122K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $472K | $482K | $272K | $150K | — | — |
| 2022 | $432K | $441K | $270K | $124K | — | View 990 |
| 2021 | $473K | $464K | $286K | $130K | — | View 990 |
| 2020 | $391K | $393K | $259K | $112K | — | View 990 |
| 2019 | $386K | $408K | $243K | $94K | — | View 990 |
| 2018 | $396K | $438K | $232K | $62K | — | View 990 |
| 2017 | $404K | $387K | $232K | $20K | — | — |
| 2016 | $431K | $385K | $223K | $28K | — | View 990 |
| 2015 | $680K | $196K | $587K | $103K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $472K, expenses of $482K, and assets of $272K (revenue +9.5% year-over-year).
- 2022: Revenue of $432K, expenses of $441K, and assets of $270K (revenue -8.8% year-over-year).
- 2021: Revenue of $473K, expenses of $464K, and assets of $286K (revenue +21.1% year-over-year).
- 2020: Revenue of $391K, expenses of $393K, and assets of $259K (revenue +1.3% year-over-year).
- 2019: Revenue of $386K, expenses of $408K, and assets of $243K (revenue -2.7% year-over-year).
- 2018: Revenue of $396K, expenses of $438K, and assets of $232K (revenue -2.0% year-over-year).
- 2017: Revenue of $404K, expenses of $387K, and assets of $232K (revenue -6.1% year-over-year).
- 2016: Revenue of $431K, expenses of $385K, and assets of $223K (revenue -36.6% year-over-year).
- 2015: Revenue of $680K, expenses of $196K, and assets of $587K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith And Life Inc:
Data Sources and Methodology
This transparency report for Faith And Life 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.