Family Promise Of Davie County
EIN: 811096297 · Mocksville, NC · NTEE: L41
Is Family Promise Of Davie County Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Family Promise Of Davie County
Family Promise Of Davie County (EIN: 811096297) is a nonprofit organization based in Mocksville, NC, classified under NTEE code L41. The organization reported total revenue of $302K and total assets of $446K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of Davie County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Promise Of Davie County is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2016–2024). Revenue has grown at a compound annual rate of 17.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $207K |
| Surplus / Deficit | +$15K |
| Total Assets | $384K |
| Total Liabilities | $20K |
| Net Assets | $365K |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2024, Family Promise Of Davie County reported a surplus of $15K with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 9 years of filings (2016–2024), Family Promise Of Davie County's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -41.4% | -6.7% | +11.2% |
| 2023 | +88.7% | +3.8% | +88.3% |
| 2022 | -0.6% | +34.2% | -16.8% |
| 2021 | -26.5% | -8.7% | +243.6% |
| 2020 | +74.4% | +22.6% | +79.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Family Promise Of Davie County 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 Promise Of Davie County 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 surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.2%.
Frequently Asked Questions about Family Promise Of Davie County
Is Family Promise Of Davie County a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Promise Of Davie County (EIN: 811096297) insufficient data. 0 red flags identified, 0 strengths noted.
How does Family Promise Of Davie County spend its money?
Detailed spending breakdown data is not yet available for Family Promise Of Davie County. Check back for updated IRS 990 analysis.
Are donations to Family Promise Of Davie County tax-deductible?
Family Promise Of Davie County is registered as a tax-exempt nonprofit (EIN: 811096297). 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 Promise Of Davie County showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2024), Family Promise Of Davie County's revenue has grown by 262.6%, moving from $61K to $222K. Total assets increased by 527.9% over the same period, from $61K to $384K. Total functional expenses rose by 44385.6%, from $465 to $207K. In its most recent filing year (2024), Family Promise Of Davie County reported a surplus of $15K, with revenue exceeding expenses. The organization holds $20K in liabilities against $384K in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $365K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $222K | $207K | $384K | $20K | — | — |
| 2023 | $379K | $222K | $346K | $1K | — | View 990 |
| 2022 | $201K | $214K | $184K | $866 | — | View 990 |
| 2021 | $202K | $159K | $221K | $0 | — | — |
| 2020 | $275K | $174K | $64K | $0 | — | View 990 |
| 2019 | $158K | $142K | $36K | $0 | — | View 990 |
| 2018 | $81K | $102K | $20K | $0 | — | View 990 |
| 2017 | $25K | $6K | $80K | $0 | — | View 990 |
| 2016 | $61K | $465 | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $222K, expenses of $207K, and assets of $384K (revenue -41.4% year-over-year).
- 2023: Revenue of $379K, expenses of $222K, and assets of $346K (revenue +88.7% year-over-year).
- 2022: Revenue of $201K, expenses of $214K, and assets of $184K (revenue -0.6% year-over-year).
- 2021: Revenue of $202K, expenses of $159K, and assets of $221K (revenue -26.5% year-over-year).
- 2020: Revenue of $275K, expenses of $174K, and assets of $64K (revenue +74.4% year-over-year).
- 2019: Revenue of $158K, expenses of $142K, and assets of $36K (revenue +94.0% year-over-year).
- 2018: Revenue of $81K, expenses of $102K, and assets of $20K (revenue +229.4% year-over-year).
- 2017: Revenue of $25K, expenses of $6K, and assets of $80K (revenue -59.7% year-over-year).
- 2016: Revenue of $61K, expenses of $465, and assets of $61K.
Data Sources and Methodology
This transparency report for Family Promise Of Davie County 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.