Faith In Action In Sherburne County
Faith In Action In Sherburne County consistently grows assets with 0% officer compensation.
EIN: 202223330 · Becker, MN · NTEE: E86 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $271K |
| Total Expenses | $203K |
| Program Spending | 85% |
| Net Assets | $258K |
| Transparency Score | 92/100 |
Is Faith In Action In Sherburne County Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faith In Action In Sherburne County directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faith In Action In Sherburne County
Faith In Action In Sherburne County (EIN: 202223330) is a nonprofit organization based in Becker, MN, classified under NTEE code E86. The organization reported total revenue of $271K and total assets of $261K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith In Action In Sherburne County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith In Action In Sherburne County is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $246K |
| Total Expenses | $203K |
| Surplus / Deficit | +$43K |
| Total Assets | $285K |
| Total Liabilities | $26K |
| Net Assets | $258K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, Faith In Action In Sherburne County reported a surplus of $43K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Faith In Action In Sherburne County's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | +20.5% | +13.9% |
| 2022 | +9.0% | +17.5% | +49.1% |
| 2021 | +8.0% | -3.5% | +120.4% |
| 2020 | +24.8% | -3.5% | +108.7% |
| 2019 | -29.7% | -11.9% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 In Action In Sherburne County with a Mission Score of 92 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 In Action In Sherburne County 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 surplus of $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a nonprofit of this size and suggests a volunteer-driven leadership model.
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.
Strengths
The following positive indicators were identified for Faith In Action In Sherburne County:
- Consistent asset growth (from $36,398 in 2019 to $284,502 in 2023)
- 0% officer compensation reported across all filings, indicating high transparency and dedication to mission
- Expenses consistently below revenue, leading to financial surpluses
- Decreasing liabilities over recent years (from $53,012 in 2019 to $26,199 in 2023)
- Strong program focus implied by efficient spending and asset accumulation
Frequently Asked Questions about Faith In Action In Sherburne County
Is Faith In Action In Sherburne County a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith In Action In Sherburne County (EIN: 202223330) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Faith In Action In Sherburne County spend its money?
Faith In Action In Sherburne County directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Faith In Action In Sherburne County tax-deductible?
Faith In Action In Sherburne County is registered as a tax-exempt nonprofit (EIN: 202223330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Faith In Action In Sherburne County's spending goes to programs?
Faith In Action In Sherburne County directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Faith In Action In Sherburne County compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Faith In Action In Sherburne County is above average for NTEE category E86 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Faith In Action In Sherburne County located?
Faith In Action In Sherburne County is headquartered in Becker, Minnesota and files with the IRS under EIN 202223330. It is classified under NTEE code E86.
How many years of IRS 990 filings does Faith In Action In Sherburne County have?
Faith In Action In Sherburne County 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 $271K in total revenue.
Is Faith In Action In Sherburne County a good charity?
Based on the available IRS 990 data, Faith In Action In Sherburne County appears to be a very good charity. They demonstrate strong financial health, consistent asset growth, efficient spending with expenses consistently below revenue, and a remarkable commitment to transparency by reporting 0% officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $36,398 in 2019 to $284,502 in 2023, and liabilities have decreased from $53,012 in 2019 to $26,199 in 2023, indicating a stronger balance sheet and increased financial stability.
What is the trend in their revenue and expenses?
Revenue has generally trended upwards from $171,975 in 2019 to $245,689 in 2023, with some fluctuations. Expenses have also increased but consistently remained below revenue, allowing for consistent surpluses and asset accumulation. For instance, in 2023, revenue was $245,689 and expenses were $203,004.
Filing History
IRS 990 filing history for Faith In Action In Sherburne County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Faith In Action In Sherburne County's revenue has declined by 32.9%, moving from $366K to $246K. Total assets increased by 1535% over the same period, from $17K to $285K. Total functional expenses fell by 44.5%, from $366K to $203K. In its most recent filing year (2023), Faith In Action In Sherburne County reported a surplus of $43K, with revenue exceeding expenses. The organization holds $26K in liabilities against $285K in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $258K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $246K | $203K | $285K | $26K | — | — |
| 2022 | $253K | $168K | $250K | $28K | — | — |
| 2021 | $232K | $143K | $167K | $30K | — | View 990 |
| 2020 | $215K | $149K | $76K | $27K | — | — |
| 2019 | $172K | $154K | $36K | $53K | — | View 990 |
| 2018 | $245K | $175K | $37K | $71K | — | View 990 |
| 2017 | $215K | $193K | $34K | $138K | — | — |
| 2016 | $498K | $526K | $22K | $149K | — | View 990 |
| 2015 | $718K | $751K | $182K | $280K | — | View 990 |
| 2014 | $519K | $616K | $28K | $91K | — | View 990 |
| 2013 | $527K | $504K | $42K | $14K | — | View 990 |
| 2012 | $380K | $386K | $7K | $404 | — | View 990 |
| 2011 | $366K | $366K | $17K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $246K, expenses of $203K, and assets of $285K (revenue -2.7% year-over-year).
- 2022: Revenue of $253K, expenses of $168K, and assets of $250K (revenue +9.0% year-over-year).
- 2021: Revenue of $232K, expenses of $143K, and assets of $167K (revenue +8.0% year-over-year).
- 2020: Revenue of $215K, expenses of $149K, and assets of $76K (revenue +24.8% year-over-year).
- 2019: Revenue of $172K, expenses of $154K, and assets of $36K (revenue -29.7% year-over-year).
- 2018: Revenue of $245K, expenses of $175K, and assets of $37K (revenue +13.7% year-over-year).
- 2017: Revenue of $215K, expenses of $193K, and assets of $34K (revenue -56.8% year-over-year).
- 2016: Revenue of $498K, expenses of $526K, and assets of $22K (revenue -30.6% year-over-year).
- 2015: Revenue of $718K, expenses of $751K, and assets of $182K (revenue +38.4% year-over-year).
- 2014: Revenue of $519K, expenses of $616K, and assets of $28K (revenue -1.6% year-over-year).
- 2013: Revenue of $527K, expenses of $504K, and assets of $42K (revenue +38.6% year-over-year).
- 2012: Revenue of $380K, expenses of $386K, and assets of $7K (revenue +3.8% year-over-year).
- 2011: Revenue of $366K, expenses of $366K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith In Action In Sherburne County:
Data Sources and Methodology
This transparency report for Faith In Action In Sherburne County 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.