Faith Works Community Development Corporation
Faith Works Community Development Corporation operates on a very small budget with no officer compensation.
EIN: 202481918 · Hueytown, AL · NTEE: B20 · Updated: 2026-03-28
Is Faith Works Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faith Works Community Development Corporation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faith Works Community Development Corporation
Faith Works Community Development Corporation (EIN: 202481918) is a nonprofit organization based in Hueytown, AL, classified under NTEE code B20. The organization reported total revenue of $4K and total assets of $169 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Works Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Works Community Development Corporation is a micro nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2015–2019). Revenue has grown at a compound annual rate of -39.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $4K |
| Surplus / Deficit | +$0 |
| Total Assets | $169 |
| Net Assets | $169 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.5 months |
Financial Health Grade: B
In 2019, Faith Works Community Development Corporation reported a surplus of $0 with revenue exceeding expenses, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2015–2019), Faith Works Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -39.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +25.1% | +25.1% | +0.0% |
| 2018 | -89.3% | -89.2% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
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 Community Development Corporation with a Mission Score of 90 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Faith Works Community Development Corporation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $0, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, indicating that leadership is entirely volunteer-based, which is highly efficient for an organization of this size.
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 Community Development Corporation's IRS 990 filings:
- Significant decline in revenue over time, from $30,592 in 2015 to $4,083 in 2019, which could indicate reduced operational capacity or donor support.
Strengths
The following positive indicators were identified for Faith Works Community Development Corporation:
- 100% program spending, as all expenses match revenue and no officer compensation is reported.
- Zero officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
- No liabilities reported, suggesting sound financial management and avoidance of debt.
- Consistent spending of all revenue on operations, demonstrating a commitment to immediate program delivery.
Frequently Asked Questions about Faith Works Community Development Corporation
Is Faith Works Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith Works Community Development Corporation (EIN: 202481918) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Faith Works Community Development Corporation spend its money?
Faith Works Community Development Corporation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Faith Works Community Development Corporation tax-deductible?
Faith Works Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 202481918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Faith Works Community Development Corporation a good charity?
Based on the available financial data, Faith Works Community Development Corporation appears to be a very lean and efficient organization, spending all its revenue on its mission with no officer compensation. Its small scale means its impact is likely localized, but financially it demonstrates responsible stewardship.
What is the primary focus of Faith Works Community Development Corporation?
As a Community Development Corporation (NTEE Code B20), its primary focus is likely on improving the social, economic, and environmental conditions of the Hueytown, AL community, though specific program details are not available in the financial data.
How has Faith Works Community Development Corporation's revenue trended?
Revenue has significantly decreased from $30,592 in 2015 to $4,083 in 2019, indicating a substantial reduction in financial activity over this period.
Filing History
IRS 990 filing history for Faith Works Community Development Corporation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2015–2019), Faith Works Community Development Corporation's revenue has declined by 86.7%, moving from $31K to $4K. Total functional expenses fell by 86.4%, from $30K to $4K. In its most recent filing year (2019), Faith Works Community Development Corporation reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $4K | $4K | $169 | $0 | — | View 990 |
| 2018 | $3K | $3K | $169 | $0 | — | View 990 |
| 2015 | $31K | $30K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $4K, expenses of $4K, and assets of $169 (revenue +25.1% year-over-year).
- 2018: Revenue of $3K, expenses of $3K, and assets of $169 (revenue -89.3% year-over-year).
- 2015: Revenue of $31K, expenses of $30K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Works Community Development Corporation:
Data Sources and Methodology
This transparency report for Faith Works Community Development Corporation 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.