Family Assistance Education & Research Foundation Inc

Family Assistance Education & Research Foundation Inc shows strong asset growth and no officer compensation, but experienced a deficit in 2023.

EIN: 201087270 · Milton, GA · NTEE: M20 · Updated: 2026-03-28

$215KRevenue

$365KAssets

85/100Mission Score (Excellent)

M20

About Family Assistance Education & Research Foundation Inc

Family Assistance Education & Research Foundation Inc (EIN: 201087270) is a nonprofit organization based in Milton, GA, classified under NTEE code M20. The organization reported total revenue of $215K and total assets of $365K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Assistance Education & Research Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Family Assistance Education & Research Foundation Inc demonstrates a generally stable financial position, with assets growing significantly from $44,400 in 2019 to $331,236 in 2023. However, the organization experienced a deficit in 2023, with expenses of $271,249 exceeding revenue of $249,206. This follows a surplus in 2022 ($253,728 revenue vs. $222,174 expenses). The organization's revenue has fluctuated over the years, peaking at $401,818 in 2020 before settling into a range around $200,000-$250,000 in recent years. Liabilities have remained relatively low, indicating good financial management in that area.

The organization's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which suggests resources are directed towards operations rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator for efficiency. Transparency is good, with a consistent filing history over 13 periods, allowing for a clear view of financial trends.

Overall, the foundation appears to be a well-managed entity with a solid asset base and a commitment to minimizing executive overhead. The recent deficit in 2023 warrants monitoring, but the overall trend of asset growth and low liabilities suggests a resilient organization. The fluctuation in revenue, while not alarming, indicates a need for consistent fundraising efforts.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Family Assistance Education & Research Foundation Inc with a Mission Score of 85 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Family Assistance Education & Research Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for resource allocation to the mission.

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 Family Assistance Education & Research Foundation Inc's IRS 990 filings:

Expenses exceeded revenue in 2023 ($271,249 expenses vs. $249,206 revenue), resulting in a deficit for the year.

Strengths

The following positive indicators were identified for Family Assistance Education & Research Foundation Inc:

Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
Significant asset growth from $44,400 in 2019 to $331,236 in 2023, enhancing long-term stability.
Low liabilities across all periods, demonstrating sound financial management.
Consistent IRS 990 filing history (13 filings), indicating strong transparency and accountability.

Frequently Asked Questions about Family Assistance Education & Research Foundation Inc

Is Family Assistance Education & Research Foundation Inc a good charity?

Based on the available data, the organization appears to be a good charity. It has a strong track record of asset growth, minimal liabilities, and consistently reports 0% officer compensation, suggesting a high dedication of funds to its mission. The consistent filing of IRS 990s also indicates good transparency.

What caused the deficit in 2023?

The provided data shows that in 2023, expenses ($271,249) exceeded revenue ($249,206) by $22,043. Without a detailed breakdown of expenses, the specific causes cannot be identified, but it indicates that spending outpaced income for that period.

How has the organization's financial stability changed over time?

The organization's financial stability has significantly improved, particularly in terms of assets, which grew from $44,400 in 2019 to $331,236 in 2023. Liabilities have remained low, indicating good financial health despite revenue fluctuations.

Filing History

IRS 990 filing history for Family Assistance Education & Research Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Family Assistance Education & Research Foundation Inc's revenue has grown by 127.4%, moving from $110K to $249K. Total assets increased by 249% over the same period, from $95K to $331K. Total functional expenses rose by 309.1%, from $66K to $271K. In its most recent filing year (2023), Family Assistance Education & Research Foundation Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $23K in liabilities against $331K in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $308K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$249K	$271K	$331K	$23K	—	View 990
2022	$254K	$222K	$332K	$2K	—	View 990
2021	$218K	$219K	$316K	$18K	—	View 990
2020	$402K	$146K	$300K	$0	—	—
2019	$298K	$301K	$44K	$356	—	View 990
2018	$212K	$224K	$47K	$388	—	View 990
2017	$271K	$291K	$59K	$206	—	—
2016	$203K	$209K	$83K	$4K	—	View 990
2015	$179K	$195K	$88K	$3K	—	View 990
2014	$172K	$146K	$103K	$2K	—	View 990
2013	$128K	$132K	$78K	$2K	—	View 990
2012	$176K	$183K	$81K	$963	—	View 990
2011	$110K	$66K	$95K	$8K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $249K, expenses of $271K, and assets of $331K (revenue -1.8% year-over-year).
2022: Revenue of $254K, expenses of $222K, and assets of $332K (revenue +16.5% year-over-year).
2021: Revenue of $218K, expenses of $219K, and assets of $316K (revenue -45.8% year-over-year).
2020: Revenue of $402K, expenses of $146K, and assets of $300K (revenue +34.9% year-over-year).
2019: Revenue of $298K, expenses of $301K, and assets of $44K (revenue +40.2% year-over-year).
2018: Revenue of $212K, expenses of $224K, and assets of $47K (revenue -21.6% year-over-year).
2017: Revenue of $271K, expenses of $291K, and assets of $59K (revenue +33.7% year-over-year).
2016: Revenue of $203K, expenses of $209K, and assets of $83K (revenue +13.2% year-over-year).
2015: Revenue of $179K, expenses of $195K, and assets of $88K (revenue +4.2% year-over-year).
2014: Revenue of $172K, expenses of $146K, and assets of $103K (revenue +33.9% year-over-year).
2013: Revenue of $128K, expenses of $132K, and assets of $78K (revenue -26.9% year-over-year).
2012: Revenue of $176K, expenses of $183K, and assets of $81K (revenue +60.2% year-over-year).
2011: Revenue of $110K, expenses of $66K, and assets of $95K.

Data Sources and Methodology

This transparency report for Family Assistance Education & Research Foundation 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.