Family Centered Treatment Foundation Inc
EIN: 541623646 · Charlotte, NC · NTEE: E42
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $1.6M |
| Net Assets | $764K |
Is Family Centered Treatment Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Family Centered Treatment Foundation Inc
Family Centered Treatment Foundation Inc (EIN: 541623646) is a nonprofit organization based in Charlotte, NC, classified under NTEE code E42. The organization reported total revenue of $5.6M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Centered Treatment Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Centered Treatment Foundation Inc is a mid-size nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$79K |
| Total Assets | $1.3M |
| Total Liabilities | $546K |
| Net Assets | $764K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 41.7% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2023, Family Centered Treatment Foundation Inc reported a surplus of $79K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 41.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Family Centered Treatment Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +0.9% | +38.4% |
| 2022 | -2.7% | +13.7% | -11.3% |
| 2021 | +29.1% | +11.2% | +0.9% |
| 2020 | +22.4% | -13.3% | +16.0% |
| 2019 | -19.5% | +70.8% | +16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Family Centered Treatment Foundation 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 Family Centered Treatment Foundation 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 $79K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.7%.
Frequently Asked Questions about Family Centered Treatment Foundation Inc
Is Family Centered Treatment Foundation Inc a legitimate charity?
Family Centered Treatment Foundation Inc (EIN: 541623646) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $5.6M. No red flags identified. Financial health grade: A.
How does Family Centered Treatment Foundation Inc spend its money?
Family Centered Treatment Foundation Inc reported $5.6M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Family Centered Treatment Foundation Inc tax-deductible?
Family Centered Treatment Foundation Inc is registered as a tax-exempt nonprofit (EIN: 541623646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Family Centered Treatment Foundation Inc located?
Family Centered Treatment Foundation Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 541623646. It is classified under NTEE code E42.
How many years of IRS 990 filings does Family Centered Treatment Foundation Inc have?
Family Centered Treatment Foundation Inc has 12 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 $5.6M in total revenue.
Filing History
IRS 990 filing history for Family Centered Treatment Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Family Centered Treatment Foundation Inc's revenue has grown by 400.7%, moving from $327K to $1.6M. Total assets increased by 1014.5% over the same period, from $118K to $1.3M. Total functional expenses rose by 297.4%, from $392K to $1.6M. In its most recent filing year (2023), Family Centered Treatment Foundation Inc reported a surplus of $79K, with revenue exceeding expenses. The organization holds $546K in liabilities against $1.3M in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $764K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $1.3M | $546K | — | View 990 |
| 2022 | $1.6M | $1.5M | $947K | $260K | — | View 990 |
| 2021 | $1.6M | $1.4M | $1.1M | $410K | — | — |
| 2020 | $1.3M | $1.2M | $1.1M | $661K | — | View 990 |
| 2019 | $1.0M | $1.4M | $912K | $550K | — | View 990 |
| 2018 | $1.3M | $824K | $782K | $35K | — | View 990 |
| 2017 | $918K | $827K | $316K | $19K | — | View 990 |
| 2016 | $742K | $672K | $264K | $58K | — | View 990 |
| 2015 | $564K | $587K | $164K | $27K | — | View 990 |
| 2014 | $525K | $486K | $192K | $36K | — | View 990 |
| 2013 | $386K | $306K | $154K | $36K | — | View 990 |
| 2012 | $327K | $392K | $118K | $80K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $1.3M (revenue +4.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $947K (revenue -2.7% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $1.1M (revenue +29.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M (revenue +22.4% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.4M, and assets of $912K (revenue -19.5% year-over-year).
- 2018: Revenue of $1.3M, expenses of $824K, and assets of $782K (revenue +38.7% year-over-year).
- 2017: Revenue of $918K, expenses of $827K, and assets of $316K (revenue +23.8% year-over-year).
- 2016: Revenue of $742K, expenses of $672K, and assets of $264K (revenue +31.4% year-over-year).
- 2015: Revenue of $564K, expenses of $587K, and assets of $164K (revenue +7.6% year-over-year).
- 2014: Revenue of $525K, expenses of $486K, and assets of $192K (revenue +35.8% year-over-year).
- 2013: Revenue of $386K, expenses of $306K, and assets of $154K (revenue +18.1% year-over-year).
- 2012: Revenue of $327K, expenses of $392K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Centered Treatment Foundation Inc:
Data Sources and Methodology
This transparency report for Family Centered Treatment 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.