Faith In Public Life Inc
Faith In Public Life Inc. faces significant operating deficit in latest filing after period of revenue volatility.
EIN: 203798596 · Washington, DC · NTEE: X05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.0M |
| Program Spending | 80% |
| Net Assets | $3.7M |
| Transparency Score | 75/100 |
Is Faith In Public Life Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faith In Public Life Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faith In Public Life Inc
Faith In Public Life Inc (EIN: 203798596) is a nonprofit organization based in Washington, DC, classified under NTEE code X05. The organization reported total revenue of $2.8M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith In Public Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith In Public Life Inc is a mid-size 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 -16.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $225K |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-1,728,080 |
| Total Assets | $3.8M |
| Total Liabilities | $159K |
| Net Assets | $3.7M |
| Operating Margin | -766.9% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 23.5 months |
Financial Health Grade: B
In 2023, Faith In Public Life Inc reported a deficit of $1.7M with expenses exceeding revenue, holds 23.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Faith In Public Life Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -93.2% | -48.8% | -32.3% |
| 2022 | -45.0% | +3.2% | -7.8% |
| 2021 | +41.2% | +0.6% | +46.0% |
| 2020 | +47.5% | +28.4% | +31.2% |
| 2019 | +0.3% | +40.2% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7210 |
| 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 Public Life Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Faith In Public Life Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for donor perception and resource allocation.
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 In Public Life Inc's IRS 990 filings:
- Significant operating deficit in the latest filing (202306) with expenses ($1,953,401) far exceeding revenue ($225,321).
- High volatility in annual revenue, making long-term financial planning and stability challenging.
- Decrease in assets from $6,133,426 in 2021 to $3,828,930 in 202306.
Strengths
The following positive indicators were identified for Faith In Public Life Inc:
- Consistent reporting of 0% officer compensation, indicating strong fiscal responsibility regarding executive pay.
- Historically strong asset base, reaching a peak of $6,133,426 in 2021, providing some financial cushion.
- Demonstrated ability to raise significant funds, with revenue exceeding $2.8 million in multiple years and peaking at nearly $6 million.
Frequently Asked Questions about Faith In Public Life Inc
Is Faith In Public Life Inc a legitimate charity?
Faith In Public Life Inc (EIN: 203798596) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.8M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Faith In Public Life Inc spend its money?
Faith In Public Life Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Faith In Public Life Inc tax-deductible?
Faith In Public Life Inc is registered as a tax-exempt nonprofit (EIN: 203798596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Faith In Public Life Inc's spending goes to programs?
Faith In Public Life Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Faith In Public Life Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Faith In Public Life Inc is above average for NTEE category X05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Faith In Public Life Inc located?
Faith In Public Life Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 203798596. It is classified under NTEE code X05.
How many years of IRS 990 filings does Faith In Public Life Inc have?
Faith In Public Life Inc 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 $2.8M in total revenue.
Is Faith In Public Life Inc. financially stable given the recent revenue drop?
The organization's latest filing (202306) shows revenue of $225,321 against expenses of $1,953,401, resulting in a significant operating deficit. While assets remain substantial at $3,828,930, this recent trend raises concerns about short-term financial stability and sustainability.
How has the organization's revenue trended over the past decade?
Revenue has shown significant volatility, growing from $863,467 in 2014 to a peak of $5,997,271 in 2021, then sharply declining to $225,321 in the most recent 202306 filing.
What is the organization's approach to executive compensation?
Faith In Public Life Inc. consistently reports 0% officer compensation across all available filings, indicating that no officers received compensation from the organization.
Filing History
IRS 990 filing history for Faith In Public Life Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Faith In Public Life Inc's revenue has declined by 87.8%, moving from $1.8M to $225K. Total assets increased by 145.8% over the same period, from $1.6M to $3.8M. Total functional expenses rose by 56%, from $1.3M to $2.0M. In its most recent filing year (2023), Faith In Public Life Inc reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $159K in liabilities against $3.8M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $225K | $2.0M | $3.8M | $159K | — | View 990 |
| 2022 | $3.3M | $3.8M | $5.7M | $259K | — | View 990 |
| 2021 | $6.0M | $3.7M | $6.1M | $222K | — | View 990 |
| 2020 | $4.2M | $3.7M | $4.2M | $593K | — | View 990 |
| 2019 | $2.9M | $2.9M | $3.2M | $173K | — | View 990 |
| 2018 | $2.9M | $2.0M | $3.1M | $126K | — | View 990 |
| 2017 | $2.7M | $1.8M | $2.3M | $110K | — | View 990 |
| 2016 | $1.6M | $1.4M | $1.3M | $72K | — | View 990 |
| 2015 | $2.3M | $1.6M | $1.3M | $143K | — | View 990 |
| 2014 | $863K | $1.5M | $528K | $73K | — | View 990 |
| 2013 | $1.2M | $1.7M | $1.2M | $62K | — | View 990 |
| 2012 | $1.5M | $1.4M | $1.6M | $59K | — | View 990 |
| 2011 | $1.8M | $1.3M | $1.6M | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $225K, expenses of $2.0M, and assets of $3.8M (revenue -93.2% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.8M, and assets of $5.7M (revenue -45.0% year-over-year).
- 2021: Revenue of $6.0M, expenses of $3.7M, and assets of $6.1M (revenue +41.2% year-over-year).
- 2020: Revenue of $4.2M, expenses of $3.7M, and assets of $4.2M (revenue +47.5% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.9M, and assets of $3.2M (revenue +0.3% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.0M, and assets of $3.1M (revenue +7.3% year-over-year).
- 2017: Revenue of $2.7M, expenses of $1.8M, and assets of $2.3M (revenue +69.4% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.4M, and assets of $1.3M (revenue -29.9% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.6M, and assets of $1.3M (revenue +160.9% year-over-year).
- 2014: Revenue of $863K, expenses of $1.5M, and assets of $528K (revenue -29.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.7M, and assets of $1.2M (revenue -16.6% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $1.6M (revenue -20.5% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.3M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith In Public Life Inc:
Data Sources and Methodology
This transparency report for Faith In Public Life 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.