Faith Broadcasting Inc
EIN: 630818257 · Montgomery, AL · NTEE: A34Z
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.0M |
| Net Assets | $1.6M |
Is Faith Broadcasting 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 Broadcasting Inc
Faith Broadcasting Inc (EIN: 630818257) is a nonprofit organization based in Montgomery, AL, classified under NTEE code A34Z. The organization reported total revenue of $1.5M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Broadcasting Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Broadcasting Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$122K |
| Total Assets | $1.9M |
| Total Liabilities | $214K |
| Net Assets | $1.6M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 21.5 months |
Financial Health Grade: A
In 2023, Faith Broadcasting Inc reported a surplus of $122K with revenue exceeding expenses, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Faith Broadcasting Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.3% | +3.3% | +6.4% |
| 2022 | -2.0% | +4.1% | +32.9% |
| 2021 | +13.1% | +7.0% | +29.9% |
| 2020 | +31.3% | +2.2% | +30.4% |
| 2019 | -7.6% | +4.4% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith Broadcasting 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 Broadcasting 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 surplus of $122K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.5%.
Frequently Asked Questions about Faith Broadcasting Inc
Is Faith Broadcasting Inc a legitimate charity?
Faith Broadcasting Inc (EIN: 630818257) is a registered tax-exempt nonprofit based in Alabama. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Faith Broadcasting Inc spend its money?
Faith Broadcasting Inc reported $1.5M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Faith Broadcasting Inc tax-deductible?
Faith Broadcasting Inc is registered as a tax-exempt nonprofit (EIN: 630818257). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith Broadcasting Inc located?
Faith Broadcasting Inc is headquartered in Montgomery, Alabama and files with the IRS under EIN 630818257. It is classified under NTEE code A34Z.
How many years of IRS 990 filings does Faith Broadcasting Inc have?
Faith Broadcasting Inc has 13 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Faith Broadcasting Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Faith Broadcasting Inc's revenue has grown by 63.6%, moving from $711K to $1.2M. Total assets increased by 92.8% over the same period, from $967K to $1.9M. Total functional expenses rose by 26.7%, from $821K to $1.0M. In its most recent filing year (2023), Faith Broadcasting Inc reported a surplus of $122K, with revenue exceeding expenses. The organization holds $214K in liabilities against $1.9M in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.0M | $1.9M | $214K | — | — |
| 2022 | $1.3M | $1.0M | $1.8M | $240K | — | View 990 |
| 2021 | $1.3M | $967K | $1.3M | $21K | — | View 990 |
| 2020 | $1.1M | $904K | $1.0M | $24K | — | — |
| 2019 | $862K | $884K | $778K | $24K | — | View 990 |
| 2018 | $933K | $847K | $782K | $20K | — | View 990 |
| 2017 | $889K | $879K | $704K | $19K | — | View 990 |
| 2016 | $860K | $841K | $688K | $15K | — | View 990 |
| 2015 | $865K | $857K | $666K | $19K | — | View 990 |
| 2014 | $696K | $843K | $667K | $20K | — | View 990 |
| 2013 | $716K | $818K | $813K | $18K | — | View 990 |
| 2012 | $729K | $777K | $922K | $17K | — | View 990 |
| 2011 | $711K | $821K | $967K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.0M, and assets of $1.9M (revenue -7.3% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.0M, and assets of $1.8M (revenue -2.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $967K, and assets of $1.3M (revenue +13.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $904K, and assets of $1.0M (revenue +31.3% year-over-year).
- 2019: Revenue of $862K, expenses of $884K, and assets of $778K (revenue -7.6% year-over-year).
- 2018: Revenue of $933K, expenses of $847K, and assets of $782K (revenue +4.9% year-over-year).
- 2017: Revenue of $889K, expenses of $879K, and assets of $704K (revenue +3.3% year-over-year).
- 2016: Revenue of $860K, expenses of $841K, and assets of $688K (revenue -0.5% year-over-year).
- 2015: Revenue of $865K, expenses of $857K, and assets of $666K (revenue +24.2% year-over-year).
- 2014: Revenue of $696K, expenses of $843K, and assets of $667K (revenue -2.8% year-over-year).
- 2013: Revenue of $716K, expenses of $818K, and assets of $813K (revenue -1.8% year-over-year).
- 2012: Revenue of $729K, expenses of $777K, and assets of $922K (revenue +2.6% year-over-year).
- 2011: Revenue of $711K, expenses of $821K, and assets of $967K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Broadcasting Inc:
Data Sources and Methodology
This transparency report for Faith Broadcasting 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.