Family Promise Of Greater Des Moines
Family Promise Of Greater Des Moines maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 161649338 · Des Moines, IA · NTEE: P85 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $308K |
| Total Expenses | $318K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300,000. |
| Net Assets | $194K |
| Transparency Score | 90/100 |
Is Family Promise Of Greater Des Moines Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Promise Of Greater Des Moines directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Promise Of Greater Des Moines
Family Promise Of Greater Des Moines (EIN: 161649338) is a nonprofit organization based in Des Moines, IA, classified under NTEE code P85. The organization reported total revenue of $308K and total assets of $197K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of Greater Des Moines's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Promise Of Greater Des Moines is a small nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $305K |
| Total Expenses | $318K |
| Surplus / Deficit | $-13,191 |
| Total Assets | $197K |
| Total Liabilities | $3K |
| Net Assets | $194K |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2022, Family Promise Of Greater Des Moines reported a deficit of $13K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2022), Family Promise Of Greater Des Moines's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -16.0% | -2.6% | -20.0% |
| 2021 | -0.1% | -1.6% | +18.4% |
| 2020 | +37.4% | +44.6% | +43.2% |
| 2019 | +22.8% | +2.5% | +40.7% |
| 2018 | +13.8% | +26.8% | +20.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Family Promise Of Greater Des Moines with a Mission Score of 90 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Family Promise Of Greater Des Moines allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated volunteers or compensated through non-officer categories, which is highly favorable for an organization of its size with revenues around $300,000.
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.
Strengths
The following positive indicators were identified for Family Promise Of Greater Des Moines:
- Consistent asset growth, from $54,180 in 2012 to $196,724 in 2022.
- 0% officer compensation reported across all available filings, indicating high efficiency.
- History of consistent IRS 990 filings (11 filings), demonstrating transparency.
- Generally stable financial operations with revenues closely matching or exceeding expenses over the long term.
Frequently Asked Questions about Family Promise Of Greater Des Moines
Is Family Promise Of Greater Des Moines a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Promise Of Greater Des Moines (EIN: 161649338) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Family Promise Of Greater Des Moines spend its money?
Family Promise Of Greater Des Moines directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family Promise Of Greater Des Moines tax-deductible?
Family Promise Of Greater Des Moines is registered as a tax-exempt nonprofit (EIN: 161649338). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Family Promise Of Greater Des Moines CEO make?
Family Promise Of Greater Des Moines's highest-compensated officer earns $300,000. annually. The organization reported $308K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Family Promise Of Greater Des Moines's spending goes to programs?
Family Promise Of Greater Des Moines directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Promise Of Greater Des Moines compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Family Promise Of Greater Des Moines is above average for NTEE category P85 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Promise Of Greater Des Moines located?
Family Promise Of Greater Des Moines is headquartered in Des Moines, Iowa and files with the IRS under EIN 161649338. It is classified under NTEE code P85.
How many years of IRS 990 filings does Family Promise Of Greater Des Moines have?
Family Promise Of Greater Des Moines has 11 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 $308K in total revenue.
Is Family Promise Of Greater Des Moines a good charity?
Based on the available data, Family Promise Of Greater Des Moines appears to be a good charity. It demonstrates consistent financial stability, asset growth, and notably, reports 0% officer compensation, suggesting a strong commitment to directing funds towards its mission.
How has the organization's financial health changed over time?
The organization has shown consistent growth in revenue and assets over the past decade, from revenues around $160,000-$180,000 and assets around $54,000 in 2012-2013 to revenues over $300,000 and assets of $196,724 in 2022. This indicates a positive trend in financial health and capacity.
What is the organization's approach to executive compensation?
Family Promise Of Greater Des Moines reports 0% officer compensation in all available IRS 990 filings. This suggests a highly efficient approach where leadership may be volunteer-based or compensated in ways that do not fall under traditional officer compensation, maximizing resources for programs.
Filing History
IRS 990 filing history for Family Promise Of Greater Des Moines showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Family Promise Of Greater Des Moines's revenue has grown by 79.4%, moving from $170K to $305K. Total assets increased by 272.9% over the same period, from $53K to $197K. Total functional expenses rose by 122.3%, from $143K to $318K. In its most recent filing year (2022), Family Promise Of Greater Des Moines reported a deficit of $13K, with expenses exceeding revenue. The organization holds $3K in liabilities against $197K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $194K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $305K | $318K | $197K | $3K | — | View 990 |
| 2021 | $363K | $327K | $246K | $5K | — | View 990 |
| 2020 | $364K | $332K | $208K | $34K | — | View 990 |
| 2019 | $265K | $230K | $145K | $4K | — | View 990 |
| 2018 | $216K | $224K | $103K | $3K | — | View 990 |
| 2016 | $189K | $177K | $85K | $3K | — | View 990 |
| 2015 | $167K | $166K | $73K | $4K | — | View 990 |
| 2014 | $179K | $162K | $72K | $4K | — | View 990 |
| 2013 | $181K | $181K | $54K | $3K | — | View 990 |
| 2012 | $162K | $161K | $54K | $3K | — | View 990 |
| 2011 | $170K | $143K | $53K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $305K, expenses of $318K, and assets of $197K (revenue -16.0% year-over-year).
- 2021: Revenue of $363K, expenses of $327K, and assets of $246K (revenue -0.1% year-over-year).
- 2020: Revenue of $364K, expenses of $332K, and assets of $208K (revenue +37.4% year-over-year).
- 2019: Revenue of $265K, expenses of $230K, and assets of $145K (revenue +22.8% year-over-year).
- 2018: Revenue of $216K, expenses of $224K, and assets of $103K (revenue +13.8% year-over-year).
- 2016: Revenue of $189K, expenses of $177K, and assets of $85K (revenue +13.3% year-over-year).
- 2015: Revenue of $167K, expenses of $166K, and assets of $73K (revenue -6.6% year-over-year).
- 2014: Revenue of $179K, expenses of $162K, and assets of $72K (revenue -1.1% year-over-year).
- 2013: Revenue of $181K, expenses of $181K, and assets of $54K (revenue +11.5% year-over-year).
- 2012: Revenue of $162K, expenses of $161K, and assets of $54K (revenue -4.6% year-over-year).
- 2011: Revenue of $170K, expenses of $143K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Promise Of Greater Des Moines:
Data Sources and Methodology
This transparency report for Family Promise Of Greater Des Moines 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.