Faith In Action In Red Wing
EIN: 411920774 · Red Wing, MN · NTEE: P81
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $111K |
| Net Assets | $135K |
Is Faith In Action In Red Wing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith In Action In Red Wing
Faith In Action In Red Wing (EIN: 411920774) is a nonprofit organization based in Red Wing, MN, classified under NTEE code P81. The organization reported total revenue of $137K and total assets of $165K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith In Action In Red Wing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith In Action In Red Wing is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $111K |
| Surplus / Deficit | $-15,862 |
| Total Assets | $136K |
| Total Liabilities | $1K |
| Net Assets | $135K |
| Operating Margin | -16.7% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 14.8 months |
Financial Health Grade: B
In 2023, Faith In Action In Red Wing reported a deficit of $16K with expenses exceeding revenue, holds 14.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Faith In Action In Red Wing's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.4% | +53.4% | -14.4% |
| 2022 | -52.5% | -26.9% | -0.8% |
| 2021 | +63.1% | +4.9% | +23.7% |
| 2020 | -9.6% | +4.5% | +7.9% |
| 2019 | +14.5% | -2.2% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith In Action In Red Wing 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 In Action In Red Wing 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Faith In Action In Red Wing
Is Faith In Action In Red Wing a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith In Action In Red Wing (EIN: 411920774) insufficient data. 0 red flags identified, 0 strengths noted.
How does Faith In Action In Red Wing spend its money?
Detailed spending breakdown data is not yet available for Faith In Action In Red Wing. Check back for updated IRS 990 analysis.
Are donations to Faith In Action In Red Wing tax-deductible?
Faith In Action In Red Wing is registered as a tax-exempt nonprofit (EIN: 411920774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith In Action In Red Wing located?
Faith In Action In Red Wing is headquartered in Red Wing, Minnesota and files with the IRS under EIN 411920774. It is classified under NTEE code P81.
How many years of IRS 990 filings does Faith In Action In Red Wing have?
Faith In Action In Red Wing 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 $137K in total revenue.
Filing History
IRS 990 filing history for Faith In Action In Red Wing showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Faith In Action In Red Wing's revenue has grown by 25.3%, moving from $76K to $95K. Total assets increased by 0.9% over the same period, from $135K to $136K. Total functional expenses rose by 59.2%, from $69K to $111K. In its most recent filing year (2023), Faith In Action In Red Wing reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1K in liabilities against $136K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $135K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $95K | $111K | $136K | $1K | — | View 990 |
| 2022 | $67K | $72K | $159K | $5K | — | View 990 |
| 2021 | $142K | $99K | $161K | $0 | — | View 990 |
| 2020 | $87K | $94K | $130K | $0 | — | View 990 |
| 2019 | $96K | $90K | $120K | $0 | — | View 990 |
| 2018 | $84K | $92K | $105K | $0 | — | View 990 |
| 2017 | $95K | $93K | $113K | $0 | — | View 990 |
| 2016 | $112K | $90K | $111K | $0 | — | View 990 |
| 2015 | $90K | $89K | $89K | $0 | — | View 990 |
| 2014 | $75K | $80K | $88K | $0 | — | View 990 |
| 2013 | $107K | $76K | $97K | $0 | — | View 990 |
| 2012 | $78K | $74K | $140K | $0 | — | View 990 |
| 2011 | $76K | $69K | $135K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $95K, expenses of $111K, and assets of $136K (revenue +40.4% year-over-year).
- 2022: Revenue of $67K, expenses of $72K, and assets of $159K (revenue -52.5% year-over-year).
- 2021: Revenue of $142K, expenses of $99K, and assets of $161K (revenue +63.1% year-over-year).
- 2020: Revenue of $87K, expenses of $94K, and assets of $130K (revenue -9.6% year-over-year).
- 2019: Revenue of $96K, expenses of $90K, and assets of $120K (revenue +14.5% year-over-year).
- 2018: Revenue of $84K, expenses of $92K, and assets of $105K (revenue -11.0% year-over-year).
- 2017: Revenue of $95K, expenses of $93K, and assets of $113K (revenue -15.7% year-over-year).
- 2016: Revenue of $112K, expenses of $90K, and assets of $111K (revenue +24.6% year-over-year).
- 2015: Revenue of $90K, expenses of $89K, and assets of $89K (revenue +20.2% year-over-year).
- 2014: Revenue of $75K, expenses of $80K, and assets of $88K (revenue -30.1% year-over-year).
- 2013: Revenue of $107K, expenses of $76K, and assets of $97K (revenue +36.9% year-over-year).
- 2012: Revenue of $78K, expenses of $74K, and assets of $140K (revenue +3.6% year-over-year).
- 2011: Revenue of $76K, expenses of $69K, and assets of $135K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith In Action In Red Wing:
Data Sources and Methodology
This transparency report for Faith In Action In Red Wing 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.