Family Fortress Ministries
EIN: 561879295 · Lexington, KY · NTEE: X21
Is Family Fortress Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Family Fortress Ministries
Family Fortress Ministries (EIN: 561879295) is a nonprofit organization based in Lexington, KY, classified under NTEE code X21. The organization reported total revenue of $88K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Fortress Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Fortress Ministries is a micro nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $113K |
| Surplus / Deficit | $-1,619 |
| Total Assets | $70K |
| Total Liabilities | $65K |
| Net Assets | $5K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 93.1% |
| Months of Reserves | 7.5 months |
Financial Health Grade: C
In 2024, Family Fortress Ministries reported a deficit of $2K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 93.1% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Family Fortress Ministries's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.9% | +22.5% | +4.7% |
| 2023 | +7.7% | -2.4% | +8.3% |
| 2022 | -9.2% | +5.2% | -1.5% |
| 2021 | -2.3% | -19.9% | +108.9% |
| 2020 | -18.7% | +6.4% | -35.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Family Fortress Ministries 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 Fortress Ministries 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 93.1%.
Frequently Asked Questions about Family Fortress Ministries
Is Family Fortress Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Fortress Ministries (EIN: 561879295) insufficient data. 0 red flags identified, 0 strengths noted.
How does Family Fortress Ministries spend its money?
Detailed spending breakdown data is not yet available for Family Fortress Ministries. Check back for updated IRS 990 analysis.
Are donations to Family Fortress Ministries tax-deductible?
Family Fortress Ministries is registered as a tax-exempt nonprofit (EIN: 561879295). 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 Family Fortress Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Family Fortress Ministries's revenue has grown by 25.5%, moving from $89K to $112K. Total assets increased by 578% over the same period, from $10K to $70K. Total functional expenses rose by 16.6%, from $97K to $113K. In its most recent filing year (2024), Family Fortress Ministries reported a deficit of $2K, with expenses exceeding revenue. The organization holds $65K in liabilities against $70K in assets (debt-to-asset ratio: 93.1%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $112K | $113K | $70K | $65K | — | — |
| 2023 | $98K | $92K | $67K | $61K | — | View 990 |
| 2022 | $91K | $95K | $62K | $61K | — | View 990 |
| 2021 | $100K | $90K | $63K | $58K | — | View 990 |
| 2020 | $102K | $112K | $30K | $36K | — | View 990 |
| 2019 | $126K | $106K | $47K | $42K | — | View 990 |
| 2018 | $97K | $111K | $39K | $54K | — | — |
| 2017 | $136K | $135K | $30K | $32K | — | View 990 |
| 2016 | $107K | $101K | $31K | $34K | — | View 990 |
| 2015 | $108K | $105K | $28K | $37K | — | View 990 |
| 2014 | $105K | $100K | $13K | $25K | — | View 990 |
| 2013 | $104K | $95K | $45K | $61K | — | View 990 |
| 2012 | $89K | $97K | $10K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $112K, expenses of $113K, and assets of $70K (revenue +13.9% year-over-year).
- 2023: Revenue of $98K, expenses of $92K, and assets of $67K (revenue +7.7% year-over-year).
- 2022: Revenue of $91K, expenses of $95K, and assets of $62K (revenue -9.2% year-over-year).
- 2021: Revenue of $100K, expenses of $90K, and assets of $63K (revenue -2.3% year-over-year).
- 2020: Revenue of $102K, expenses of $112K, and assets of $30K (revenue -18.7% year-over-year).
- 2019: Revenue of $126K, expenses of $106K, and assets of $47K (revenue +29.3% year-over-year).
- 2018: Revenue of $97K, expenses of $111K, and assets of $39K (revenue -28.2% year-over-year).
- 2017: Revenue of $136K, expenses of $135K, and assets of $30K (revenue +27.4% year-over-year).
- 2016: Revenue of $107K, expenses of $101K, and assets of $31K (revenue -1.7% year-over-year).
- 2015: Revenue of $108K, expenses of $105K, and assets of $28K (revenue +3.8% year-over-year).
- 2014: Revenue of $105K, expenses of $100K, and assets of $13K (revenue +0.1% year-over-year).
- 2013: Revenue of $104K, expenses of $95K, and assets of $45K (revenue +17.5% year-over-year).
- 2012: Revenue of $89K, expenses of $97K, and assets of $10K.
Data Sources and Methodology
This transparency report for Family Fortress Ministries 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.