Faith Foundation Resources
EIN: 42354456 · Flint, MI · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $437K |
| Total Expenses | $83K |
| Net Assets | $115K |
Is Faith Foundation Resources Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith Foundation Resources
Faith Foundation Resources (EIN: 42354456) is a nonprofit organization based in Flint, MI, classified under NTEE code J22. The organization reported total revenue of $437K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Foundation Resources's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Foundation Resources is a small nonprofit that has been operating for 23 years, with 4 years of IRS 990 filings on record (2018–2022). Revenue has grown at a compound annual rate of -18.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $85K |
| Total Expenses | $83K |
| Surplus / Deficit | +$2K |
| Total Assets | $115K |
| Net Assets | $115K |
| Operating Margin | 2.3% |
| Months of Reserves | 16.7 months |
Financial Health Grade: A
In 2022, Faith Foundation Resources reported a surplus of $2K with revenue exceeding expenses, holds 16.7 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2018–2022), Faith Foundation Resources's revenue has declined at a compound annual growth rate (CAGR) of -18.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -69.6% | -61.0% | +74.7% |
| 2021 | +11.4% | -17.2% | +0.6% |
| 2019 | +31.5% | +107.1% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith Foundation Resources 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 Foundation Resources 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Faith Foundation Resources
Is Faith Foundation Resources a legitimate charity?
Faith Foundation Resources (EIN: 42354456) is a registered tax-exempt nonprofit based in Michigan. It has 4 years of IRS 990 filings on record. Total revenue: $437K. No red flags identified. Financial health grade: A.
How does Faith Foundation Resources spend its money?
Faith Foundation Resources reported $437K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Faith Foundation Resources tax-deductible?
Faith Foundation Resources is registered as a tax-exempt nonprofit (EIN: 42354456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith Foundation Resources located?
Faith Foundation Resources is headquartered in Flint, Michigan and files with the IRS under EIN 42354456. It is classified under NTEE code J22.
How many years of IRS 990 filings does Faith Foundation Resources have?
Faith Foundation Resources has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $437K in total revenue.
Filing History
IRS 990 filing history for Faith Foundation Resources showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2022), Faith Foundation Resources's revenue has declined by 55.5%, moving from $191K to $85K. Total functional expenses fell by 33.2%, from $124K to $83K. In its most recent filing year (2022), Faith Foundation Resources reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $85K | $83K | $115K | $0 | — | View 990 |
| 2021 | $280K | $213K | $66K | $0 | — | View 990 |
| 2019 | $251K | $257K | $66K | $29K | — | View 990 |
| 2018 | $191K | $124K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $85K, expenses of $83K, and assets of $115K (revenue -69.6% year-over-year).
- 2021: Revenue of $280K, expenses of $213K, and assets of $66K (revenue +11.4% year-over-year).
- 2019: Revenue of $251K, expenses of $257K, and assets of $66K (revenue +31.5% year-over-year).
- 2018: Revenue of $191K, expenses of $124K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Foundation Resources:
Data Sources and Methodology
This transparency report for Faith Foundation Resources 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.