Faith Community Nurse Network Of The Greater Twin Cities

Is Faith Community Nurse Network Of The Greater Twin Cities Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Faith Community Nurse Network Of The Greater Twin Cities directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Faith Community Nurse Network Of The Greater Twin Cities

Faith Community Nurse Network Of The Greater Twin Cities (EIN: 202562054) is a nonprofit organization based in Shoreview, MN, classified under NTEE code B60. The organization reported total revenue of $337K and total assets of $402K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Community Nurse Network Of The Greater Twin Cities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Faith Community Nurse Network Of The Greater Twin Cities with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Faith Community Nurse Network Of The Greater Twin Cities allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a strong positive for transparency and ensures that all funds are directed towards the organization's mission.

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.

Strengths

The following positive indicators were identified for Faith Community Nurse Network Of The Greater Twin Cities:

• Consistent revenue growth, increasing from $70,506 in 2014 to $408,655 in 2023.
• Strong asset growth, reaching $324,424 in 2023 from $65,006 in 2014.
• Extremely low liabilities, indicating strong financial health and minimal debt.
• 0% reported officer compensation across all filings, demonstrating high transparency and dedication to mission.
• Positive net income in most periods, contributing to building reserves and financial stability.

Frequently Asked Questions about Faith Community Nurse Network Of The Greater Twin Cities

Filing History

IRS 990 filing history for Faith Community Nurse Network Of The Greater Twin Cities showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Faith Community Nurse Network Of The Greater Twin Cities's revenue has grown by 345.9%, moving from $92K to $409K. Total assets increased by 249.2% over the same period, from $93K to $324K. Total functional expenses rose by 506.7%, from $61K to $373K. In its most recent filing year (2023), Faith Community Nurse Network Of The Greater Twin Cities reported a surplus of $36K, with revenue exceeding expenses. The organization holds $56 in liabilities against $324K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $324K.

Year-by-Year Financial Summary

• 2023: Revenue of $409K, expenses of $373K, and assets of $324K (revenue -8.5% year-over-year).
• 2022: Revenue of $447K, expenses of $370K, and assets of $290K (revenue +35.9% year-over-year).
• 2021: Revenue of $329K, expenses of $290K, and assets of $231K (revenue +154.9% year-over-year).
• 2020: Revenue of $129K, expenses of $162K, and assets of $198K (revenue -32.5% year-over-year).
• 2019: Revenue of $191K, expenses of $143K, and assets of $209K (revenue -26.4% year-over-year).
• 2018: Revenue of $260K, expenses of $173K, and assets of $157K (revenue +19.7% year-over-year).
• 2017: Revenue of $217K, expenses of $227K, and assets of $110K (revenue +110.8% year-over-year).
• 2016: Revenue of $103K, expenses of $126K, and assets of $89K (revenue -13.1% year-over-year).
• 2015: Revenue of $119K, expenses of $77K, and assets of $104K (revenue +68.1% year-over-year).
• 2014: Revenue of $71K, expenses of $83K, and assets of $65K (revenue +11.7% year-over-year).
• 2013: Revenue of $63K, expenses of $85K, and assets of $76K (revenue -5.8% year-over-year).
• 2012: Revenue of $67K, expenses of $64K, and assets of $90K (revenue -26.9% year-over-year).
• 2011: Revenue of $92K, expenses of $61K, and assets of $93K.

Data Sources and Methodology

This transparency report for Faith Community Nurse Network Of The Greater Twin Cities 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.