Families In Transition Inc
EIN: 710793681 · West Memphis, AR · NTEE: P43
Is Families In Transition Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Families In Transition Inc
Families In Transition Inc (EIN: 710793681) is a nonprofit organization based in West Memphis, AR, classified under NTEE code P43. The organization reported total revenue of $747K and total assets of $433K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Families In Transition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Families In Transition Inc is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $613K |
| Total Expenses | $573K |
| Surplus / Deficit | +$41K |
| Total Assets | $344K |
| Total Liabilities | $10K |
| Net Assets | $334K |
| Operating Margin | 6.6% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2023, Families In Transition Inc reported a surplus of $41K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Families In Transition Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.3% | +43.1% | +16.8% |
| 2022 | -1.6% | +25.6% | +3.4% |
| 2021 | +19.2% | +3.9% | +59.3% |
| 2020 | +9.5% | +21.9% | +34.8% |
| 2019 | +28.4% | +16.8% | +113.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Families In Transition 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 Families In Transition 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 surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about Families In Transition Inc
Is Families In Transition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Families In Transition Inc (EIN: 710793681) insufficient data. 0 red flags identified, 0 strengths noted.
How does Families In Transition Inc spend its money?
Detailed spending breakdown data is not yet available for Families In Transition Inc. Check back for updated IRS 990 analysis.
Are donations to Families In Transition Inc tax-deductible?
Families In Transition Inc is registered as a tax-exempt nonprofit (EIN: 710793681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Families In Transition Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Families In Transition Inc's revenue has grown by 351.6%, moving from $136K to $613K. Total assets increased by 1564.4% over the same period, from $21K to $344K. Total functional expenses rose by 290.4%, from $147K to $573K. In its most recent filing year (2023), Families In Transition Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $10K in liabilities against $344K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $334K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $613K | $573K | $344K | $10K | — | View 990 |
| 2022 | $413K | $400K | $294K | $898 | — | View 990 |
| 2021 | $420K | $319K | $284K | $4K | — | View 990 |
| 2020 | $353K | $307K | $179K | $227 | — | View 990 |
| 2019 | $322K | $252K | $132K | $0 | — | View 990 |
| 2018 | $251K | $215K | $62K | $30 | — | View 990 |
| 2017 | $170K | $177K | $27K | $212 | — | View 990 |
| 2016 | $141K | $137K | $34K | $90 | — | View 990 |
| 2015 | $122K | $124K | $30K | $0 | — | View 990 |
| 2014 | $114K | $120K | $34K | $1K | — | View 990 |
| 2013 | $139K | $132K | $39K | $0 | — | View 990 |
| 2012 | $138K | $127K | $32K | $0 | — | View 990 |
| 2011 | $136K | $147K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $613K, expenses of $573K, and assets of $344K (revenue +48.3% year-over-year).
- 2022: Revenue of $413K, expenses of $400K, and assets of $294K (revenue -1.6% year-over-year).
- 2021: Revenue of $420K, expenses of $319K, and assets of $284K (revenue +19.2% year-over-year).
- 2020: Revenue of $353K, expenses of $307K, and assets of $179K (revenue +9.5% year-over-year).
- 2019: Revenue of $322K, expenses of $252K, and assets of $132K (revenue +28.4% year-over-year).
- 2018: Revenue of $251K, expenses of $215K, and assets of $62K (revenue +47.6% year-over-year).
- 2017: Revenue of $170K, expenses of $177K, and assets of $27K (revenue +20.3% year-over-year).
- 2016: Revenue of $141K, expenses of $137K, and assets of $34K (revenue +15.9% year-over-year).
- 2015: Revenue of $122K, expenses of $124K, and assets of $30K (revenue +7.3% year-over-year).
- 2014: Revenue of $114K, expenses of $120K, and assets of $34K (revenue -18.1% year-over-year).
- 2013: Revenue of $139K, expenses of $132K, and assets of $39K (revenue +0.5% year-over-year).
- 2012: Revenue of $138K, expenses of $127K, and assets of $32K (revenue +1.6% year-over-year).
- 2011: Revenue of $136K, expenses of $147K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Families In Transition Inc:
Data Sources and Methodology
This transparency report for Families In Transition 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.