Faith Community Foundation
Faith Community Foundation's assets have significantly decreased from over $10 million to under $1 million since 2018, with recent operations showing slight surpluses after prior deficits.
EIN: 203557559 · West Des Moines, IA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $148K |
| Total Expenses | $241K |
| Program Spending | 80% |
| Net Assets | $43K |
| Transparency Score | 75/100 |
Is Faith Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faith Community Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faith Community Foundation
Faith Community Foundation (EIN: 203557559) is a nonprofit organization based in West Des Moines, IA, classified under NTEE code T20. The organization reported total revenue of $148K and total assets of $658K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Community Foundation is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -14.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $243K |
| Total Expenses | $241K |
| Surplus / Deficit | +$2K |
| Total Assets | $674K |
| Total Liabilities | $632K |
| Net Assets | $43K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 93.7% |
| Months of Reserves | 33.6 months |
Financial Health Grade: A
In 2024, Faith Community Foundation reported a surplus of $2K with revenue exceeding expenses, holds 33.6 months of operating reserves (strong position), has a debt-to-asset ratio of 93.7% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Faith Community Foundation's revenue has declined at a compound annual growth rate (CAGR) of -14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +52.7% | +25.9% | -24.8% |
| 2023 | -13.9% | -2.2% | -13.8% |
| 2022 | +23.5% | +78.1% | -2.9% |
| 2021 | -80.1% | -85.4% | +32.2% |
| 2020 | +316.8% | +324.7% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Faith Community Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Faith Community Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Faith Community Foundation's IRS 990 filings:
- Significant and unexplained fluctuation in assets and liabilities (from $10M+ to under $1M in two years)
- Multiple years of operating deficits (e.g., 202303, 202203, 201703, 201503) indicating potential financial instability
- Latest revenue ($147,874) is significantly lower than peak revenue years ($750,855 in 202003)
Strengths
The following positive indicators were identified for Faith Community Foundation:
- Consistent reporting of 0% officer compensation, indicating low executive overhead
- Long filing history (14 filings) demonstrating commitment to transparency
- Positive net income in the latest reporting period (202403), reversing recent deficits
Frequently Asked Questions about Faith Community Foundation
Is Faith Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith Community Foundation (EIN: 203557559) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Faith Community Foundation spend its money?
Faith Community Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Faith Community Foundation tax-deductible?
Faith Community Foundation is registered as a tax-exempt nonprofit (EIN: 203557559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Faith Community Foundation's spending goes to programs?
Faith Community Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Faith Community Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Faith Community Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Faith Community Foundation located?
Faith Community Foundation is headquartered in West Des Moines, Iowa and files with the IRS under EIN 203557559. It is classified under NTEE code T20.
How many years of IRS 990 filings does Faith Community Foundation have?
Faith Community Foundation has 14 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 $148K in total revenue.
Why did Faith Community Foundation's assets decrease from over $10 million in 2018 to under $1 million by 2020?
The provided data shows a dramatic drop in assets from $10,989,922 in 201803 to $809,923 in 202003. This significant reduction, alongside a corresponding decrease in liabilities, suggests a major divestment or transfer of assets, possibly related to a specific project, endowment distribution, or change in financial strategy. Further details from the full IRS 990 filings would be needed to understand the exact nature of this change.
How does Faith Community Foundation manage to operate without paying officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation is covered by an affiliated entity, or that the roles are structured in a way that does not involve direct salary payments from the foundation itself. This is a strong indicator of low administrative costs related to executive pay.
What is the primary source of Faith Community Foundation's revenue?
While the specific breakdown of revenue sources (e.g., contributions, program service revenue, investment income) is not provided in the summary data, the fluctuating revenue figures (e.g., $750,855 in 202003 vs. $147,874 in the latest period) suggest a reliance on varied or inconsistent funding streams, which could include large one-time donations or investment gains/losses. A detailed look at Schedule A and B of the 990 would clarify this.
Filing History
IRS 990 filing history for Faith Community Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Faith Community Foundation's revenue has declined by 86%, moving from $1.7M to $243K. Total assets decreased by 93.1% over the same period, from $9.7M to $674K. Total functional expenses fell by 86%, from $1.7M to $241K. In its most recent filing year (2024), Faith Community Foundation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $632K in liabilities against $674K in assets (debt-to-asset ratio: 93.7%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $243K | $241K | $674K | $632K | — | — |
| 2023 | $159K | $191K | $896K | $857K | — | View 990 |
| 2022 | $185K | $196K | $1.0M | $967K | — | View 990 |
| 2021 | $149K | $110K | $1.1M | $987K | — | View 990 |
| 2020 | $751K | $752K | $810K | $766K | — | View 990 |
| 2019 | $180K | $177K | $847K | $802K | — | View 990 |
| 2018 | $227K | $217K | $11.0M | $10.9M | — | View 990 |
| 2017 | $211K | $256K | $11.0M | $10.9M | — | View 990 |
| 2016 | $279K | $251K | $10.8M | $10.7M | — | View 990 |
| 2015 | $229K | $242K | $10.5M | $10.5M | — | View 990 |
| 2014 | $210K | $303K | $10.3M | $10.3M | — | View 990 |
| 2013 | $602K | $607K | $10.0M | $9.8M | — | View 990 |
| 2012 | $871K | $822K | $10.0M | $9.9M | — | View 990 |
| 2011 | $1.7M | $1.7M | $9.7M | $9.6M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $243K, expenses of $241K, and assets of $674K (revenue +52.7% year-over-year).
- 2023: Revenue of $159K, expenses of $191K, and assets of $896K (revenue -13.9% year-over-year).
- 2022: Revenue of $185K, expenses of $196K, and assets of $1.0M (revenue +23.5% year-over-year).
- 2021: Revenue of $149K, expenses of $110K, and assets of $1.1M (revenue -80.1% year-over-year).
- 2020: Revenue of $751K, expenses of $752K, and assets of $810K (revenue +316.8% year-over-year).
- 2019: Revenue of $180K, expenses of $177K, and assets of $847K (revenue -20.6% year-over-year).
- 2018: Revenue of $227K, expenses of $217K, and assets of $11.0M (revenue +7.7% year-over-year).
- 2017: Revenue of $211K, expenses of $256K, and assets of $11.0M (revenue -24.6% year-over-year).
- 2016: Revenue of $279K, expenses of $251K, and assets of $10.8M (revenue +21.9% year-over-year).
- 2015: Revenue of $229K, expenses of $242K, and assets of $10.5M (revenue +9.3% year-over-year).
- 2014: Revenue of $210K, expenses of $303K, and assets of $10.3M (revenue -65.2% year-over-year).
- 2013: Revenue of $602K, expenses of $607K, and assets of $10.0M (revenue -30.8% year-over-year).
- 2012: Revenue of $871K, expenses of $822K, and assets of $10.0M (revenue -49.9% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $9.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Community Foundation:
Data Sources and Methodology
This transparency report for Faith Community Foundation 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.