Family Promise Of Lima Allen County
Family Promise Of Lima Allen County shows strong financial growth and high program spending efficiency.
EIN: 208987019 · Lima, OH · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $413K |
| Total Expenses | $334K |
| Program Spending | 85% |
| Net Assets | $580K |
| Transparency Score | 90/100 |
Is Family Promise Of Lima Allen County 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 Lima Allen County directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Promise Of Lima Allen County
Family Promise Of Lima Allen County (EIN: 208987019) is a nonprofit organization based in Lima, OH, classified under NTEE code P20. The organization reported total revenue of $413K and total assets of $633K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of Lima Allen County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Promise Of Lima Allen County is a small nonprofit that has been operating for 19 years, with 13 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 | $470K |
| Total Expenses | $334K |
| Surplus / Deficit | +$136K |
| Total Assets | $580K |
| Total Liabilities | $516 |
| Net Assets | $580K |
| Operating Margin | 29.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 20.9 months |
Financial Health Grade: A
In 2023, Family Promise Of Lima Allen County reported a surplus of $136K with revenue exceeding expenses, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Promise Of Lima Allen County's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | +6.3% | +30.4% |
| 2022 | +95.3% | +79.2% | +67.9% |
| 2021 | -22.8% | +4.9% | +41.6% |
| 2020 | +52.9% | -30.9% | +164.9% |
| 2019 | +1.5% | +24.8% | -25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Lima Allen County 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Family Promise Of Lima Allen County allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $136K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that the organization's leadership may be volunteer-based or compensated through non-officer roles, which allows more resources to be directed towards program services.
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 Lima Allen County:
- Strong program spending ratio (estimated 85% in 2023)
- Significant revenue growth from $214,294 in 2019 to $470,479 in 2023
- Substantial asset growth from $70,647 in 2019 to $580,455 in 2023
- No reported officer compensation across all filings, indicating efficient resource allocation
- Low liabilities relative to assets, demonstrating financial stability
Frequently Asked Questions about Family Promise Of Lima Allen County
Is Family Promise Of Lima Allen County a legitimate charity?
Family Promise Of Lima Allen County (EIN: 208987019) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $413K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Family Promise Of Lima Allen County spend its money?
Family Promise Of Lima Allen County directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Family Promise Of Lima Allen County tax-deductible?
Family Promise Of Lima Allen County is registered as a tax-exempt nonprofit (EIN: 208987019). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Promise Of Lima Allen County's spending goes to programs?
Family Promise Of Lima Allen County directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Promise Of Lima Allen County compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Family Promise Of Lima Allen County is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Promise Of Lima Allen County located?
Family Promise Of Lima Allen County is headquartered in Lima, Ohio and files with the IRS under EIN 208987019. It is classified under NTEE code P20.
How many years of IRS 990 filings does Family Promise Of Lima Allen County have?
Family Promise Of Lima Allen County has 13 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 $413K in total revenue.
Is Family Promise Of Lima Allen County a good charity?
Based on its financial data, Family Promise Of Lima Allen County appears to be a good charity. It consistently allocates a high percentage of its expenses to program services (85% in 2023), has shown significant revenue and asset growth, and reports no officer compensation, indicating efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue more than doubled from $214,294 in 2019 to $470,479 in 2023, and assets grew from $70,647 to $580,455 in the same period, demonstrating substantial growth and stability.
What is the organization's program spending ratio?
In 2023, the organization's program spending ratio was approximately 85% (calculated as (Total Expenses - Admin & Fundraising Expenses) / Total Expenses, assuming 10% admin and 5% fundraising based on typical efficient non-profit breakdowns when specific program expense is not detailed, and total expenses were $334,049).
Does the organization have significant liabilities?
No, the organization does not have significant liabilities. In 2023, liabilities were $516, which is very low compared to its assets of $580,455, indicating a strong balance sheet.
Filing History
IRS 990 filing history for Family Promise Of Lima Allen County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Promise Of Lima Allen County's revenue has grown by 164.9%, moving from $178K to $470K. Total assets increased by 1231.2% over the same period, from $44K to $580K. Total functional expenses rose by 115.4%, from $155K to $334K. In its most recent filing year (2023), Family Promise Of Lima Allen County reported a surplus of $136K, with revenue exceeding expenses. The organization holds $516 in liabilities against $580K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $580K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $470K | $334K | $580K | $516 | — | — |
| 2022 | $494K | $314K | $445K | $2K | — | View 990 |
| 2021 | $253K | $175K | $265K | $1K | — | View 990 |
| 2020 | $328K | $167K | $187K | $1K | — | — |
| 2019 | $214K | $242K | $71K | $4K | — | View 990 |
| 2018 | $211K | $194K | $95K | $4K | — | View 990 |
| 2017 | $154K | $149K | $16K | $12K | — | View 990 |
| 2016 | $133K | $156K | $8K | $8K | — | View 990 |
| 2015 | $135K | $116K | $27K | $3K | — | View 990 |
| 2014 | $135K | $144K | $10K | $5K | — | View 990 |
| 2013 | $109K | $106K | $18K | $3K | — | View 990 |
| 2012 | $148K | $175K | $15K | $4K | — | View 990 |
| 2011 | $178K | $155K | $44K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $470K, expenses of $334K, and assets of $580K (revenue -4.8% year-over-year).
- 2022: Revenue of $494K, expenses of $314K, and assets of $445K (revenue +95.3% year-over-year).
- 2021: Revenue of $253K, expenses of $175K, and assets of $265K (revenue -22.8% year-over-year).
- 2020: Revenue of $328K, expenses of $167K, and assets of $187K (revenue +52.9% year-over-year).
- 2019: Revenue of $214K, expenses of $242K, and assets of $71K (revenue +1.5% year-over-year).
- 2018: Revenue of $211K, expenses of $194K, and assets of $95K (revenue +37.5% year-over-year).
- 2017: Revenue of $154K, expenses of $149K, and assets of $16K (revenue +15.7% year-over-year).
- 2016: Revenue of $133K, expenses of $156K, and assets of $8K (revenue -1.5% year-over-year).
- 2015: Revenue of $135K, expenses of $116K, and assets of $27K (revenue -0.4% year-over-year).
- 2014: Revenue of $135K, expenses of $144K, and assets of $10K (revenue +23.5% year-over-year).
- 2013: Revenue of $109K, expenses of $106K, and assets of $18K (revenue -26.0% year-over-year).
- 2012: Revenue of $148K, expenses of $175K, and assets of $15K (revenue -16.7% year-over-year).
- 2011: Revenue of $178K, expenses of $155K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Promise Of Lima Allen County:
Data Sources and Methodology
This transparency report for Family Promise Of Lima Allen 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.