Faith First Inc
EIN: 562620074 · Honolulu, HI · NTEE: O50
| Metric | Value |
|---|---|
| Total Expenses | $53K |
| Net Assets | $6K |
Is Faith First Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith First Inc
Faith First Inc (EIN: 562620074) is a nonprofit organization based in Honolulu, HI, classified under NTEE code O50. 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 First Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith First Inc is a micro nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -52.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $200 |
| Total Expenses | $53K |
| Surplus / Deficit | $-52,663 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | -26331.5% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2020, Faith First Inc reported a deficit of $53K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2020), Faith First Inc's revenue has declined at a compound annual growth rate (CAGR) of -52.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -99.5% | +734.9% | -89.1% |
| 2019 | +48.1% | +15.3% | +125.9% |
| 2018 | -82.4% | -96.3% | +414.6% |
| 2017 | -1.7% | -9.3% | +33.0% |
| 2016 | -5.5% | -11.9% | -74.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith First Inc 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 First Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $53K, with expenses exceeding revenue.
Frequently Asked Questions about Faith First Inc
Is Faith First Inc a legitimate charity?
Faith First Inc (EIN: 562620074) is a registered tax-exempt nonprofit based in Hawaii. It has 10 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Faith First Inc spend its money?
Faith First Inc reported its financials in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Faith First Inc tax-deductible?
Faith First Inc is registered as a tax-exempt nonprofit (EIN: 562620074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith First Inc located?
Faith First Inc is headquartered in Honolulu, Hawaii and files with the IRS under EIN 562620074. It is classified under NTEE code O50.
How many years of IRS 990 filings does Faith First Inc have?
Faith First Inc has 10 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 First Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Faith First Inc's revenue has declined by 99.9%, moving from $168K to $200. Total assets increased by 40.6% over the same period, from $5K to $6K. Total functional expenses fell by 69.8%, from $175K to $53K. In its most recent filing year (2020), Faith First Inc reported a deficit of $53K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $200 | $53K | $6K | $0 | — | — |
| 2019 | $39K | $6K | $59K | $0 | — | View 990 |
| 2018 | $27K | $5K | $26K | $0 | — | View 990 |
| 2017 | $150K | $149K | $5K | $100 | — | View 990 |
| 2016 | $153K | $164K | $4K | $100 | — | View 990 |
| 2015 | $162K | $186K | $15K | $100 | — | View 990 |
| 2014 | $172K | $173K | $40K | $100 | — | View 990 |
| 2013 | $186K | $163K | $41K | $100 | — | View 990 |
| 2012 | $175K | $161K | $18K | $100 | — | View 990 |
| 2011 | $168K | $175K | $5K | $100 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $200, expenses of $53K, and assets of $6K (revenue -99.5% year-over-year).
- 2019: Revenue of $39K, expenses of $6K, and assets of $59K (revenue +48.1% year-over-year).
- 2018: Revenue of $27K, expenses of $5K, and assets of $26K (revenue -82.4% year-over-year).
- 2017: Revenue of $150K, expenses of $149K, and assets of $5K (revenue -1.7% year-over-year).
- 2016: Revenue of $153K, expenses of $164K, and assets of $4K (revenue -5.5% year-over-year).
- 2015: Revenue of $162K, expenses of $186K, and assets of $15K (revenue -6.0% year-over-year).
- 2014: Revenue of $172K, expenses of $173K, and assets of $40K (revenue -7.5% year-over-year).
- 2013: Revenue of $186K, expenses of $163K, and assets of $41K (revenue +6.4% year-over-year).
- 2012: Revenue of $175K, expenses of $161K, and assets of $18K (revenue +4.2% year-over-year).
- 2011: Revenue of $168K, expenses of $175K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith First Inc:
Data Sources and Methodology
This transparency report for Faith First 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.