Faithhealth Appalachia Inc
EIN: 842045651 · Huntington, WV · NTEE: E02
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $106K |
| Net Assets | $118K |
Is Faithhealth Appalachia Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faithhealth Appalachia Inc
Faithhealth Appalachia Inc (EIN: 842045651) is a nonprofit organization based in Huntington, WV, classified under NTEE code E02. The organization reported total revenue of $160K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faithhealth Appalachia Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faithhealth Appalachia Inc is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $106K |
| Surplus / Deficit | $-22,899 |
| Total Assets | $118K |
| Net Assets | $118K |
| Operating Margin | -27.5% |
| Months of Reserves | 13.3 months |
Financial Health Grade: B
In 2023, Faithhealth Appalachia Inc reported a deficit of $23K with expenses exceeding revenue, holds 13.3 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Faithhealth Appalachia Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.8% | +36.2% | -16.3% |
| 2022 | +460.9% | +55.1% | +17458.6% |
| 2021 | -59.8% | -49.2% | -93.4% |
| 2020 | +57.9% | +111.7% | -15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faithhealth Appalachia Inc 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 Faithhealth Appalachia Inc 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 $23K, with expenses exceeding revenue.
Frequently Asked Questions about Faithhealth Appalachia Inc
Is Faithhealth Appalachia Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Faithhealth Appalachia Inc (EIN: 842045651) insufficient data. 0 red flags identified, 0 strengths noted.
How does Faithhealth Appalachia Inc spend its money?
Detailed spending breakdown data is not yet available for Faithhealth Appalachia Inc. Check back for updated IRS 990 analysis.
Are donations to Faithhealth Appalachia Inc tax-deductible?
Faithhealth Appalachia Inc is registered as a tax-exempt nonprofit (EIN: 842045651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faithhealth Appalachia Inc located?
Faithhealth Appalachia Inc is headquartered in Huntington, West Virginia and files with the IRS under EIN 842045651. It is classified under NTEE code E02.
How many years of IRS 990 filings does Faithhealth Appalachia Inc have?
Faithhealth Appalachia Inc has 5 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 $160K in total revenue.
Filing History
IRS 990 filing history for Faithhealth Appalachia Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Faithhealth Appalachia Inc's revenue has grown by 36.1%, moving from $61K to $83K. Total assets increased by 715.3% over the same period, from $14K to $118K. Total functional expenses rose by 127.3%, from $47K to $106K. In its most recent filing year (2023), Faithhealth Appalachia Inc reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $83K | $106K | $118K | $0 | — | — |
| 2022 | $218K | $78K | $141K | $0 | — | — |
| 2021 | $39K | $50K | $802 | $0 | — | — |
| 2020 | $97K | $99K | $12K | $0 | — | — |
| 2019 | $61K | $47K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $83K, expenses of $106K, and assets of $118K (revenue -61.8% year-over-year).
- 2022: Revenue of $218K, expenses of $78K, and assets of $141K (revenue +460.9% year-over-year).
- 2021: Revenue of $39K, expenses of $50K, and assets of $802 (revenue -59.8% year-over-year).
- 2020: Revenue of $97K, expenses of $99K, and assets of $12K (revenue +57.9% year-over-year).
- 2019: Revenue of $61K, expenses of $47K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faithhealth Appalachia Inc:
Data Sources and Methodology
This transparency report for Faithhealth Appalachia 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.