Family Promise Of Greater Kingsport
EIN: 311703388 · Kingsport, TN · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $544K |
| Total Expenses | $378K |
| Net Assets | $345K |
Is Family Promise Of Greater Kingsport 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 Greater Kingsport
Family Promise Of Greater Kingsport (EIN: 311703388) is a nonprofit organization based in Kingsport, TN, classified under NTEE code L41. The organization reported total revenue of $544K and total assets of $244K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of Greater Kingsport's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Promise Of Greater Kingsport is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $279K |
| Total Expenses | $378K |
| Surplus / Deficit | $-99,577 |
| Total Assets | $345K |
| Net Assets | $345K |
| Operating Margin | -35.7% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Family Promise Of Greater Kingsport reported a deficit of $100K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Family Promise Of Greater Kingsport's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.8% | +5.1% | -22.4% |
| 2022 | -8.3% | +14.6% | +4.9% |
| 2021 | +94.3% | +79.6% | +30.5% |
| 2020 | +20.5% | +30.1% | +13.9% |
| 2019 | +14.9% | -8.5% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Family Promise Of Greater Kingsport 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 Greater Kingsport 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 deficit of $100K, with expenses exceeding revenue.
Frequently Asked Questions about Family Promise Of Greater Kingsport
Is Family Promise Of Greater Kingsport a legitimate charity?
Family Promise Of Greater Kingsport (EIN: 311703388) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $544K. No red flags identified. Financial health grade: B.
How does Family Promise Of Greater Kingsport spend its money?
Family Promise Of Greater Kingsport reported $544K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Family Promise Of Greater Kingsport tax-deductible?
Family Promise Of Greater Kingsport is registered as a tax-exempt nonprofit (EIN: 311703388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Family Promise Of Greater Kingsport located?
Family Promise Of Greater Kingsport is headquartered in Kingsport, Tennessee and files with the IRS under EIN 311703388. It is classified under NTEE code L41.
How many years of IRS 990 filings does Family Promise Of Greater Kingsport have?
Family Promise Of Greater Kingsport 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 $544K in total revenue.
Filing History
IRS 990 filing history for Family Promise Of Greater Kingsport showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Family Promise Of Greater Kingsport's revenue has grown by 166.7%, moving from $105K to $279K. Total assets increased by 542.7% over the same period, from $54K to $345K. Total functional expenses rose by 236.1%, from $113K to $378K. In its most recent filing year (2023), Family Promise Of Greater Kingsport reported a deficit of $100K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $279K | $378K | $345K | $0 | — | — |
| 2022 | $381K | $360K | $445K | $0 | — | — |
| 2021 | $415K | $314K | $424K | $0 | — | View 990 |
| 2020 | $214K | $175K | $325K | $2K | — | — |
| 2019 | $177K | $134K | $285K | $1K | — | View 990 |
| 2017 | $154K | $147K | $294K | $2K | — | View 990 |
| 2016 | $282K | $192K | $286K | $1K | — | View 990 |
| 2015 | $192K | $178K | $196K | $2K | — | View 990 |
| 2014 | $169K | $158K | $83K | $0 | — | View 990 |
| 2013 | $147K | $131K | $69K | $0 | — | View 990 |
| 2012 | $113K | $112K | $53K | $0 | — | View 990 |
| 2011 | $105K | $113K | $54K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $279K, expenses of $378K, and assets of $345K (revenue -26.8% year-over-year).
- 2022: Revenue of $381K, expenses of $360K, and assets of $445K (revenue -8.3% year-over-year).
- 2021: Revenue of $415K, expenses of $314K, and assets of $424K (revenue +94.3% year-over-year).
- 2020: Revenue of $214K, expenses of $175K, and assets of $325K (revenue +20.5% year-over-year).
- 2019: Revenue of $177K, expenses of $134K, and assets of $285K (revenue +14.9% year-over-year).
- 2017: Revenue of $154K, expenses of $147K, and assets of $294K (revenue -45.3% year-over-year).
- 2016: Revenue of $282K, expenses of $192K, and assets of $286K (revenue +46.9% year-over-year).
- 2015: Revenue of $192K, expenses of $178K, and assets of $196K (revenue +13.5% year-over-year).
- 2014: Revenue of $169K, expenses of $158K, and assets of $83K (revenue +15.1% year-over-year).
- 2013: Revenue of $147K, expenses of $131K, and assets of $69K (revenue +30.5% year-over-year).
- 2012: Revenue of $113K, expenses of $112K, and assets of $53K (revenue +7.8% year-over-year).
- 2011: Revenue of $105K, expenses of $113K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Promise Of Greater Kingsport:
Data Sources and Methodology
This transparency report for Family Promise Of Greater Kingsport 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.