Faith Builders Promotions Incorporated
EIN: 320230913 · Muncie, IN · NTEE: X20
| Metric | Value |
|---|---|
| Total Expenses | $157K |
| Net Assets | $113K |
Is Faith Builders Promotions Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith Builders Promotions Incorporated
Faith Builders Promotions Incorporated (EIN: 320230913) is a nonprofit organization based in Muncie, IN, classified under NTEE code X20. 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 Faith Builders Promotions Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Builders Promotions Incorporated is a small nonprofit that has been operating for 3 years, with 8 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $157K |
| Surplus / Deficit | $-37,537 |
| Total Assets | $261K |
| Total Liabilities | $148K |
| Net Assets | $113K |
| Operating Margin | -31.5% |
| Debt-to-Asset Ratio | 56.8% |
| Months of Reserves | 20.0 months |
Financial Health Grade: C
In 2019, Faith Builders Promotions Incorporated reported a deficit of $38K with expenses exceeding revenue, holds 20.0 months of operating reserves (strong position), has a debt-to-asset ratio of 56.8% (high leverage).
Financial Trends
Over 8 years of filings (2011–2019), Faith Builders Promotions Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -27.4% | +39.8% | -19.4% |
| 2018 | +47.7% | +6.6% | -12.9% |
| 2017 | -10.2% | -5.0% | +28.6% |
| 2016 | +1.2% | -15.4% | +4.2% |
| 2015 | -28.5% | +25.9% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith Builders Promotions Incorporated 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 Builders Promotions Incorporated 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.8%.
Frequently Asked Questions about Faith Builders Promotions Incorporated
Is Faith Builders Promotions Incorporated a legitimate charity?
Faith Builders Promotions Incorporated (EIN: 320230913) is a registered tax-exempt nonprofit based in Indiana. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Faith Builders Promotions Incorporated spend its money?
Faith Builders Promotions Incorporated reported its financials in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Faith Builders Promotions Incorporated tax-deductible?
Faith Builders Promotions Incorporated is registered as a tax-exempt nonprofit (EIN: 320230913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith Builders Promotions Incorporated located?
Faith Builders Promotions Incorporated is headquartered in Muncie, Indiana and files with the IRS under EIN 320230913. It is classified under NTEE code X20.
How many years of IRS 990 filings does Faith Builders Promotions Incorporated have?
Faith Builders Promotions Incorporated has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Faith Builders Promotions Incorporated showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2019), Faith Builders Promotions Incorporated's revenue has declined by 15.4%, moving from $141K to $119K. Total assets increased by 725.9% over the same period, from $32K to $261K. Total functional expenses rose by 13.8%, from $138K to $157K. In its most recent filing year (2019), Faith Builders Promotions Incorporated reported a deficit of $38K, with expenses exceeding revenue. The organization holds $148K in liabilities against $261K in assets (debt-to-asset ratio: 56.8%), resulting in net assets of $113K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $119K | $157K | $261K | $148K | — | View 990 |
| 2018 | $164K | $112K | $324K | $142K | — | View 990 |
| 2017 | $111K | $105K | $372K | $141K | — | View 990 |
| 2016 | $124K | $111K | $289K | $140K | — | View 990 |
| 2015 | $122K | $131K | $277K | $141K | — | View 990 |
| 2014 | $171K | $104K | $284K | $140K | — | View 990 |
| 2012 | $132K | $149K | $15K | $2K | — | View 990 |
| 2011 | $141K | $138K | $32K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $119K, expenses of $157K, and assets of $261K (revenue -27.4% year-over-year).
- 2018: Revenue of $164K, expenses of $112K, and assets of $324K (revenue +47.7% year-over-year).
- 2017: Revenue of $111K, expenses of $105K, and assets of $372K (revenue -10.2% year-over-year).
- 2016: Revenue of $124K, expenses of $111K, and assets of $289K (revenue +1.2% year-over-year).
- 2015: Revenue of $122K, expenses of $131K, and assets of $277K (revenue -28.5% year-over-year).
- 2014: Revenue of $171K, expenses of $104K, and assets of $284K (revenue +30.0% year-over-year).
- 2012: Revenue of $132K, expenses of $149K, and assets of $15K (revenue -6.5% year-over-year).
- 2011: Revenue of $141K, expenses of $138K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Builders Promotions Incorporated:
Data Sources and Methodology
This transparency report for Faith Builders Promotions Incorporated 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.