Family Promise Of Bell County Inc
Family Promise Of Bell County Inc shows strong asset growth and no officer compensation, with recent revenues consistently covering expenses.
EIN: 113703229 · Temple, TX · NTEE: L41 · Updated: 2026-03-28
Is Family Promise Of Bell County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Promise Of Bell County Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Promise Of Bell County Inc
Family Promise Of Bell County Inc (EIN: 113703229) is a nonprofit organization based in Temple, TX, classified under NTEE code L41. The organization reported total revenue of $1.7M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of Bell County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Family Promise Of Bell County Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Family Promise Of Bell County Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with latest revenue of $1,664,872 and assets of $3,143,622, suggesting a volunteer-led executive team or compensation is covered by another entity, which significantly maximizes funds available for programs.
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 Promise Of Bell County Inc's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Family Promise Of Bell County Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication to mission.
- Significant asset growth from $130,702 in 202009 to $2,077,917 in 202309, demonstrating strong financial management.
- Revenues consistently exceeding expenses in recent years (e.g., $511,286 revenue vs. $507,074 expenses in 202309), indicating financial stability.
- Low liabilities relative to assets, suggesting a healthy balance sheet and minimal financial risk.
- Substantial increase in revenue and assets over the past few years, showing strong organizational development and fundraising capacity.
Frequently Asked Questions about Family Promise Of Bell County Inc
Is Family Promise Of Bell County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Promise Of Bell County Inc (EIN: 113703229) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Family Promise Of Bell County Inc spend its money?
Family Promise Of Bell County Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family Promise Of Bell County Inc tax-deductible?
Family Promise Of Bell County Inc is registered as a tax-exempt nonprofit (EIN: 113703229). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Family Promise Of Bell County Inc a good charity?
Based on the available financial data, Family Promise Of Bell County Inc appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, ensuring funds are directed to programs.
How has the organization's financial health changed over time?
The organization has shown significant growth and improved financial health. Revenue has increased substantially from $95,010 in 201909 to $511,286 in 202309, with a peak of over $2 million in 202109. Assets have also grown dramatically from $104,267 in 201909 to over $2 million in 202309, indicating strong financial management and accumulation of resources.
What is the organization's approach to executive compensation?
Family Promise Of Bell County Inc reports 0% officer compensation in all available IRS 990 filings. This indicates a highly efficient and mission-focused approach where executive leadership is either entirely volunteer-based or compensated through other means, allowing all organizational funds to be allocated to programs and operations.
Filing History
IRS 990 filing history for Family Promise Of Bell County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Promise Of Bell County Inc's revenue has grown by 313.1%, moving from $124K to $511K. Total assets increased by 8792.5% over the same period, from $23K to $2.1M. Total functional expenses rose by 445.8%, from $93K to $507K. In its most recent filing year (2023), Family Promise Of Bell County Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $6K in liabilities against $2.1M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $511K | $507K | $2.1M | $6K | — | View 990 |
| 2022 | $582K | $349K | $2.2M | $117K | — | View 990 |
| 2021 | $2.1M | $368K | $1.9M | $22K | — | View 990 |
| 2020 | $200K | $175K | $131K | $3K | — | View 990 |
| 2019 | $95K | $127K | $104K | $4K | — | View 990 |
| 2018 | $105K | $141K | $137K | $3K | — | View 990 |
| 2017 | $175K | $150K | $174K | $4K | — | View 990 |
| 2016 | $165K | $144K | $149K | $4K | — | View 990 |
| 2015 | $141K | $122K | $133K | $5K | — | View 990 |
| 2014 | $140K | $120K | $112K | $3K | — | View 990 |
| 2013 | $122K | $115K | $93K | $3K | — | View 990 |
| 2012 | $129K | $68K | $87K | $3K | — | View 990 |
| 2011 | $124K | $93K | $23K | $579 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $511K, expenses of $507K, and assets of $2.1M (revenue -12.2% year-over-year).
- 2022: Revenue of $582K, expenses of $349K, and assets of $2.2M (revenue -71.9% year-over-year).
- 2021: Revenue of $2.1M, expenses of $368K, and assets of $1.9M (revenue +937.5% year-over-year).
- 2020: Revenue of $200K, expenses of $175K, and assets of $131K (revenue +110.2% year-over-year).
- 2019: Revenue of $95K, expenses of $127K, and assets of $104K (revenue -9.6% year-over-year).
- 2018: Revenue of $105K, expenses of $141K, and assets of $137K (revenue -40.1% year-over-year).
- 2017: Revenue of $175K, expenses of $150K, and assets of $174K (revenue +6.5% year-over-year).
- 2016: Revenue of $165K, expenses of $144K, and assets of $149K (revenue +16.7% year-over-year).
- 2015: Revenue of $141K, expenses of $122K, and assets of $133K (revenue +1.1% year-over-year).
- 2014: Revenue of $140K, expenses of $120K, and assets of $112K (revenue +14.8% year-over-year).
- 2013: Revenue of $122K, expenses of $115K, and assets of $93K (revenue -5.9% year-over-year).
- 2012: Revenue of $129K, expenses of $68K, and assets of $87K (revenue +4.6% year-over-year).
- 2011: Revenue of $124K, expenses of $93K, and assets of $23K.
Data Sources and Methodology
This transparency report for Family Promise Of Bell County 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.