Faith Works
Faith Works operates on tight margins with zero reported assets and liabilities in its latest filing, and no reported officer compensation.
EIN: 205034144 · Desoto, TX · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.8M |
| Program Spending | 90% |
| Transparency Score | 75/100 |
Is Faith Works Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faith Works directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faith Works
Faith Works (EIN: 205034144) is a nonprofit organization based in Desoto, TX, classified under NTEE code P30. The organization reported total revenue of $3.8M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Works's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Works is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2008–2019). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.8M |
| Surplus / Deficit | +$56K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 1.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2019, Faith Works reported a surplus of $56K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2008–2019), Faith Works's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +11.4% | +15.0% | -100.0% |
| 2018 | +24.0% | +27.9% | +252.8% |
| 2017 | -28.7% | -20.4% | -68.3% |
| 2016 | +23.1% | +2.7% | -29.0% |
| 2015 | +8.1% | +15.3% | +294.8% |
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 Works 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Faith Works allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
Executive Compensation Analysis
Faith Works consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues in the multi-million dollar range. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, warranting further scrutiny.
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 Works's IRS 990 filings:
- Zero reported assets and liabilities in the latest filing (201912) for an organization with multi-million dollar revenue, which is highly unusual.
- Consistent reporting of 0% officer compensation across all filings, which may obscure actual leadership compensation.
- Tight operational margins, with expenses closely matching revenues, potentially limiting financial reserves.
Strengths
The following positive indicators were identified for Faith Works:
- Consistent multi-million dollar revenue generation over the past decade, indicating stable donor support.
- High percentage of spending directed towards program services (estimated 90%), suggesting strong program focus.
- Low reported administrative and fundraising costs (estimated 7% admin, 3% fundraising), indicating efficient overhead management.
Frequently Asked Questions about Faith Works
Is Faith Works a legitimate charity?
Faith Works (EIN: 205034144) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $3.8M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Faith Works spend its money?
Faith Works directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Faith Works tax-deductible?
Faith Works is registered as a tax-exempt nonprofit (EIN: 205034144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Faith Works's spending goes to programs?
Faith Works directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Faith Works compare to similar nonprofits?
With a transparency score of 75/100 (Good), Faith Works is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Faith Works located?
Faith Works is headquartered in Desoto, Texas and files with the IRS under EIN 205034144. It is classified under NTEE code P30.
How many years of IRS 990 filings does Faith Works have?
Faith Works has 11 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 $3.8M in total revenue.
How does Faith Works manage to operate with zero reported assets and liabilities, as indicated in the 201912 filing?
The reported zero assets and liabilities in the 201912 filing for an organization with nearly $4 million in revenue is highly unusual and suggests a very lean, pass-through operational model or potentially incomplete financial reporting. Further investigation into their balance sheet would be necessary to understand this structure.
What is the actual compensation structure for Faith Works' leadership, given the consistent 0% officer compensation reported?
The consistent reporting of 0% officer compensation across all filings suggests either a fully volunteer executive team or that executive compensation is not being reported under this specific line item. Donors might want to inquire about the full compensation details for key management personnel.
What are Faith Works' long-term financial stability plans, given the tight operational margins and lack of reported assets?
With revenues closely matching expenses and zero reported assets in the latest filing, Faith Works appears to operate with very little financial buffer. This could indicate a reliance on immediate funding for ongoing operations, raising questions about long-term financial resilience and contingency planning.
Filing History
IRS 990 filing history for Faith Works showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2008–2019), Faith Works's revenue has grown by 272.5%, moving from $1.0M to $3.8M. Total assets decreased by 100% over the same period, from $5K to $0. Total functional expenses rose by 267%, from $1.0M to $3.8M. In its most recent filing year (2019), Faith Works reported a surplus of $56K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $3.8M | $3.8M | $0 | $0 | — | View 990 |
| 2018 | $3.4M | $3.3M | $41K | $4K | — | View 990 |
| 2017 | $2.8M | $2.6M | $12K | $4K | — | View 990 |
| 2016 | $3.9M | $3.2M | $37K | $11K | — | — |
| 2015 | $3.2M | $3.1M | $51K | $14K | — | View 990 |
| 2014 | $2.9M | $2.7M | $13K | $3K | — | View 990 |
| 2013 | $3.0M | $3.0M | $21K | $16K | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
| 2011 | $2.5M | $2.4M | $74K | $74K | — | View 990 |
| 2010 | $2.2M | $2.1M | $2K | $0 | — | View 990 |
| 2008 | $1.0M | $1.0M | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $3.8M, expenses of $3.8M, and assets of $0 (revenue +11.4% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.3M, and assets of $41K (revenue +24.0% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.6M, and assets of $12K (revenue -28.7% year-over-year).
- 2016: Revenue of $3.9M, expenses of $3.2M, and assets of $37K (revenue +23.1% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.1M, and assets of $51K (revenue +8.1% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.7M, and assets of $13K (revenue -1.1% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.0M, and assets of $21K.
- 2012: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.4M, and assets of $74K (revenue +15.5% year-over-year).
- 2010: Revenue of $2.2M, expenses of $2.1M, and assets of $2K (revenue +109.6% year-over-year).
- 2008: Revenue of $1.0M, expenses of $1.0M, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Works:
Data Sources and Methodology
This transparency report for Faith Works 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.