Faith Connections Inc
Faith Connections Inc. consistently operates near break-even with no reported officer compensation.
EIN: 134212777 · Zzz, MI · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $530K |
| Total Expenses | $674K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $118K |
| Transparency Score | 88/100 |
Is Faith Connections Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faith Connections Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faith Connections Inc
Faith Connections Inc (EIN: 134212777) is a nonprofit organization based in Zzz, MI, classified under NTEE code P80. The organization reported total revenue of $530K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Connections Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Connections Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $644K |
| Total Expenses | $674K |
| Surplus / Deficit | $-29,859 |
| Total Assets | $121K |
| Total Liabilities | $3K |
| Net Assets | $118K |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 2.1 months |
Financial Health Grade: C
In 2023, Faith Connections Inc reported a deficit of $30K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Faith Connections Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.1% | +15.3% | -19.9% |
| 2022 | +14.8% | +5.1% | +93.4% |
| 2021 | +0.6% | -7.0% | +33.2% |
| 2020 | -8.1% | +3.0% | -32.2% |
| 2019 | +15.3% | +1.2% | +83.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Connections Inc with a Mission Score of 88 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 Connections Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through non-officer categories, which is highly favorable for an organization of its size with annual revenues consistently above $500,000.
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 Connections Inc's IRS 990 filings:
- Slight deficit in the most recent fiscal period (2023), with expenses exceeding revenue by $29,859.
Strengths
The following positive indicators were identified for Faith Connections Inc:
- Consistent operational activity with revenues generally exceeding or closely matching expenses over a decade.
- 0% officer compensation reported across all 13 available filings, indicating strong commitment to mission and efficient use of funds.
- Consistently low liabilities, demonstrating responsible financial management.
- Regular IRS 990 filings, indicating good transparency.
Frequently Asked Questions about Faith Connections Inc
Is Faith Connections Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith Connections Inc (EIN: 134212777) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Faith Connections Inc spend its money?
Faith Connections Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Faith Connections Inc tax-deductible?
Faith Connections Inc is registered as a tax-exempt nonprofit (EIN: 134212777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Faith Connections Inc CEO make?
Faith Connections Inc's highest-compensated officer earns $500,000. annually. The organization reported $530K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Faith Connections Inc's spending goes to programs?
Faith Connections Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Faith Connections Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Faith Connections Inc is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Faith Connections Inc located?
Faith Connections Inc is headquartered in Zzz, Michigan and files with the IRS under EIN 134212777. It is classified under NTEE code P80.
How many years of IRS 990 filings does Faith Connections Inc have?
Faith Connections 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 $530K in total revenue.
Is Faith Connections Inc. financially stable?
Yes, Faith Connections Inc. appears financially stable, consistently operating near break-even or with small surpluses over the past decade. While 2023 showed a slight deficit ($644,188 revenue vs. $674,047 expenses), this is not a significant concern given the overall trend and low liabilities.
How does Faith Connections Inc. manage its leadership compensation?
Faith Connections Inc. reports 0% officer compensation across all 13 available filings, suggesting that its leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a strong indicator of efficient resource allocation.
What is the trend in assets and liabilities for Faith Connections Inc.?
Assets have fluctuated, reaching a high of $150,775 in 2022 and decreasing to $120,765 in 2023. Liabilities have remained consistently low, typically under $5,000, indicating good debt management.
Does Faith Connections Inc. spend efficiently on its programs?
Given the consistent operational activity and 0% officer compensation, it is highly probable that a significant portion of expenses is directed towards program services, indicating efficient spending, though specific program spending ratios are not provided in the summary data.
Filing History
IRS 990 filing history for Faith Connections Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Faith Connections Inc's revenue has grown by 35.2%, moving from $477K to $644K. Total assets increased by 194.6% over the same period, from $41K to $121K. Total functional expenses rose by 42.1%, from $474K to $674K. In its most recent filing year (2023), Faith Connections Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $3K in liabilities against $121K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $118K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $644K | $674K | $121K | $3K | — | — |
| 2022 | $658K | $584K | $151K | $3K | — | — |
| 2021 | $573K | $556K | $78K | $4K | — | View 990 |
| 2020 | $570K | $598K | $59K | $2K | — | — |
| 2019 | $620K | $580K | $86K | $2K | — | View 990 |
| 2018 | $538K | $573K | $47K | $2K | — | View 990 |
| 2017 | $598K | $601K | $90K | $3K | — | View 990 |
| 2016 | $591K | $579K | $93K | $3K | — | View 990 |
| 2015 | $593K | $578K | $81K | $3K | — | View 990 |
| 2014 | $508K | $510K | $62K | $2K | — | View 990 |
| 2013 | $533K | $510K | $72K | $2K | — | View 990 |
| 2012 | $496K | $489K | $48K | $948 | — | View 990 |
| 2011 | $477K | $474K | $41K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $644K, expenses of $674K, and assets of $121K (revenue -2.1% year-over-year).
- 2022: Revenue of $658K, expenses of $584K, and assets of $151K (revenue +14.8% year-over-year).
- 2021: Revenue of $573K, expenses of $556K, and assets of $78K (revenue +0.6% year-over-year).
- 2020: Revenue of $570K, expenses of $598K, and assets of $59K (revenue -8.1% year-over-year).
- 2019: Revenue of $620K, expenses of $580K, and assets of $86K (revenue +15.3% year-over-year).
- 2018: Revenue of $538K, expenses of $573K, and assets of $47K (revenue -10.0% year-over-year).
- 2017: Revenue of $598K, expenses of $601K, and assets of $90K (revenue +1.1% year-over-year).
- 2016: Revenue of $591K, expenses of $579K, and assets of $93K (revenue -0.3% year-over-year).
- 2015: Revenue of $593K, expenses of $578K, and assets of $81K (revenue +16.7% year-over-year).
- 2014: Revenue of $508K, expenses of $510K, and assets of $62K (revenue -4.6% year-over-year).
- 2013: Revenue of $533K, expenses of $510K, and assets of $72K (revenue +7.5% year-over-year).
- 2012: Revenue of $496K, expenses of $489K, and assets of $48K (revenue +4.1% year-over-year).
- 2011: Revenue of $477K, expenses of $474K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Connections Inc:
Data Sources and Methodology
This transparency report for Faith Connections 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.