Faith & Dreams Inc
Faith & Dreams Inc. faces persistent operational deficits and declining assets, raising concerns about long-term financial stability.
EIN: 10974882 · Columbus, OH · NTEE: P33 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $401K |
| Total Expenses | $435K |
| Program Spending | 80% |
| Net Assets | $-49,593 |
| Transparency Score | 55/100 |
Search Intent Cockpit
Faith & Dreams Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Faith & Dreams Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Faith & Dreams Inc in one place.
Form 990 Filing Summary
7 filing years are available, with latest revenue of $401K and expenses of $435K.
Revenue and Expenses
Faith & Dreams Inc reported $401K in revenue and $435K in expenses, a deficit of $34K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
55/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.
Is Faith & Dreams Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $348K (80%) |
Across stored filings, Faith & Dreams Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade D | 7 stored filing years |
| Peer context | Compare with Alliance Of Independent Academic Medical Centers | Ohio and Human Services context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Alliance Of Independent Academic Medical Centers →All Ohio nonprofits
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Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Columbus, OH nonprofitsHuman Services in Ohio
Human Services in Ohio
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Donation Decision Flow
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Keep the Investigation Moving
Faith & Dreams Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faith & Dreams Inc
Faith & Dreams Inc (EIN: 10974882) is a nonprofit organization based in Columbus, OH, classified under NTEE code P33. The organization reported total revenue of $401K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith & Dreams Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith & Dreams Inc is a small nonprofit that has been operating for 15 years, with 7 years of IRS 990 filings on record (2010–2016). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $401K |
| Total Expenses | $435K |
| Surplus / Deficit | $-33,897 |
| Total Assets | $14K |
| Total Liabilities | $64K |
| Net Assets | $-49,593 |
| Operating Margin | -8.4% |
| Debt-to-Asset Ratio | 455.6% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2016, Faith & Dreams Inc reported a deficit of $34K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 455.6% (high leverage).
Financial Trends
Over 7 years of filings (2010–2016), Faith & Dreams Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +22.6% | +32.4% | -24.6% |
| 2015 | -44.4% | -44.3% | -6.7% |
| 2014 | -31.8% | -33.8% | +56.7% |
| 2013 | -10.5% | -6.3% | -61.9% |
| 2012 | -4.1% | -5.9% | +1188.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 & Dreams Inc with a Mission Score of 55 out of 100 (Fair). 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 & Dreams Inc 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 455.6%.
Executive Compensation Analysis
Faith & Dreams Inc. reports 0% officer compensation across all seven available filings, indicating that no salaries were paid to its officers, which is a strong positive for resource allocation and donor confidence.
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 & Dreams Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in most recent years (2016, 2015, 2014, 2013).
- Liabilities significantly exceed assets, indicating a negative net asset position ($63,540 liabilities vs. $13,947 assets in 2016).
- Declining asset base over time, from $41,458 in 2010 to $13,947 in 2016.
Strengths
The following positive indicators were identified for Faith & Dreams Inc:
- No reported officer compensation across all filings, indicating efficient use of funds for mission-related activities.
- Long filing history (7 filings) suggests consistent reporting, contributing to transparency.
Frequently Asked Questions about Faith & Dreams Inc
Is Faith & Dreams Inc a legitimate charity?
Faith & Dreams Inc (EIN: 10974882) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 55/100. It has 7 years of IRS 990 filings on record. Total revenue: $401K. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does Faith & Dreams Inc spend its money?
Faith & Dreams Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Faith & Dreams Inc tax-deductible?
Faith & Dreams Inc is registered as a tax-exempt nonprofit (EIN: 10974882). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Faith & Dreams Inc's spending goes to programs?
Faith & Dreams Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Faith & Dreams Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Faith & Dreams Inc is near average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Faith & Dreams Inc located?
Faith & Dreams Inc is headquartered in Columbus, Ohio and files with the IRS under EIN 10974882. It is classified under NTEE code P33.
How many years of IRS 990 filings does Faith & Dreams Inc have?
Faith & Dreams Inc has 7 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 $401K in total revenue.
Is Faith & Dreams Inc. financially stable?
Based on the provided data, Faith & Dreams Inc. shows signs of financial instability, with expenses consistently exceeding revenue in recent years (e.g., 2016, 2015, 2014, 2013) and liabilities significantly outweighing assets ($63,540 liabilities vs. $13,947 assets in 2016).
What is the trend in the organization's assets?
The organization's assets have generally declined over the filing periods, from $41,458 in 2010 to $13,947 in 2016, indicating a reduction in its financial reserves.
Does the organization pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, meaning no salaries were paid to the organization's officers during these periods.
Filing History
IRS 990 filing history for Faith & Dreams Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2016), Faith & Dreams Inc's revenue has grown by 26.1%, moving from $318K to $401K. Total assets decreased by 66.4% over the same period, from $41K to $14K. Total functional expenses rose by 40.1%, from $311K to $435K. In its most recent filing year (2016), Faith & Dreams Inc reported a deficit of $34K, with expenses exceeding revenue. The organization holds $64K in liabilities against $14K in assets (debt-to-asset ratio: 455.6%), resulting in net assets of $-49,593.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $401K | $435K | $14K | $64K | — | View 990 |
| 2015 | $327K | $329K | $18K | $34K | — | View 990 |
| 2014 | $589K | $590K | $20K | $34K | — | View 990 |
| 2013 | $864K | $892K | $13K | $26K | — | View 990 |
| 2012 | $964K | $952K | $33K | $18K | — | View 990 |
| 2011 | $1.0M | $1.0M | $3K | $0 | — | View 990 |
| 2010 | $318K | $311K | $41K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $401K, expenses of $435K, and assets of $14K (revenue +22.6% year-over-year).
- 2015: Revenue of $327K, expenses of $329K, and assets of $18K (revenue -44.4% year-over-year).
- 2014: Revenue of $589K, expenses of $590K, and assets of $20K (revenue -31.8% year-over-year).
- 2013: Revenue of $864K, expenses of $892K, and assets of $13K (revenue -10.5% year-over-year).
- 2012: Revenue of $964K, expenses of $952K, and assets of $33K (revenue -4.1% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $3K (revenue +216.2% year-over-year).
- 2010: Revenue of $318K, expenses of $311K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith & Dreams Inc:
Data Sources and Methodology
This transparency report for Faith & Dreams 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.