Family Promise Of Pulaski County Inc
Family Promise Of Pulaski County Inc faces declining revenue and assets, operating at a deficit in recent years.
EIN: 20703257 · Little Rock, AR · NTEE: L41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $135K |
| Program Spending | 75% |
| Net Assets | $31K |
| Transparency Score | 65/100 |
Is Family Promise Of Pulaski 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 Pulaski County Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Promise Of Pulaski County Inc
Family Promise Of Pulaski County Inc (EIN: 20703257) is a nonprofit organization based in Little Rock, AR, classified under NTEE code L41. The organization reported total revenue of $91K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of Pulaski County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Promise Of Pulaski County Inc is a micro nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $135K |
| Surplus / Deficit | $-44,995 |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | -50.0% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Family Promise Of Pulaski County Inc reported a deficit of $45K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Family Promise Of Pulaski County Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.7% | -9.1% | -59.1% |
| 2022 | -37.2% | -16.9% | -26.4% |
| 2021 | +12.3% | +26.2% | +15.7% |
| 2020 | +50.4% | +31.4% | +37.0% |
| 2019 | -9.2% | -15.5% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Pulaski County Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Family Promise Of Pulaski County Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $45K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, suggesting a commitment to minimizing overhead at the top.
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 Pulaski County Inc's IRS 990 filings:
- Significant and consistent decline in revenue over the last two years (from $192,781 in 2021 to $89,962 in 2023).
- Operating at a deficit for the past two reported periods (expenses exceeded revenue by $44,995 in 2023 and $27,327 in 2022).
- Substantial decrease in total assets from $103,447 in 2021 to $31,125 in 2023, impacting financial stability.
Strengths
The following positive indicators were identified for Family Promise Of Pulaski County Inc:
- Consistent reporting of 0% officer compensation, indicating a lean executive overhead.
- Absence of liabilities in recent years (2023, 2022, 2021), suggesting good debt management.
- Long filing history (12 filings), indicating consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Family Promise Of Pulaski County Inc
Is Family Promise Of Pulaski County Inc a legitimate charity?
Family Promise Of Pulaski County Inc (EIN: 20703257) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $91K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Family Promise Of Pulaski County Inc spend its money?
Family Promise Of Pulaski County Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Family Promise Of Pulaski County Inc tax-deductible?
Family Promise Of Pulaski County Inc is registered as a tax-exempt nonprofit (EIN: 20703257). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Promise Of Pulaski County Inc's spending goes to programs?
Family Promise Of Pulaski County Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Promise Of Pulaski County Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Family Promise Of Pulaski County Inc is above average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Promise Of Pulaski County Inc located?
Family Promise Of Pulaski County Inc is headquartered in Little Rock, Arkansas and files with the IRS under EIN 20703257. It is classified under NTEE code L41.
How many years of IRS 990 filings does Family Promise Of Pulaski County Inc have?
Family Promise Of Pulaski County Inc 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 $91K in total revenue.
What caused the significant decline in revenue from $192,781 in 2021 to $89,962 in 2023?
The provided data does not specify the exact reasons for the revenue decline, but it is a critical area for further investigation to understand funding challenges.
How does the organization plan to address the consistent operating deficits, such as the $44,995 deficit in 2023?
The filings show expenses exceeding revenue in 2023 and 2022, suggesting a need for strategic financial planning to ensure long-term viability.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While a general breakdown is estimated, specific functional expense data from the full 990 forms would provide a clearer picture of spending efficiency.
What is the current strategy for asset management given the decrease from $103,447 in 2021 to $31,125 in 2023?
The significant reduction in assets raises questions about the organization's financial reserves and capacity for future operations.
Filing History
IRS 990 filing history for Family Promise Of Pulaski County Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Family Promise Of Pulaski County Inc's revenue has declined by 14.1%, moving from $105K to $90K. Total assets decreased by 50.3% over the same period, from $63K to $31K. Total functional expenses rose by 49%, from $91K to $135K. In its most recent filing year (2023), Family Promise Of Pulaski County Inc reported a deficit of $45K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $135K | $31K | $0 | — | — |
| 2022 | $121K | $148K | $76K | $0 | — | View 990 |
| 2021 | $193K | $179K | $103K | $0 | — | View 990 |
| 2020 | $172K | $142K | $89K | $100 | — | — |
| 2019 | $114K | $108K | $65K | $6K | — | View 990 |
| 2018 | $126K | $128K | $53K | $0 | — | View 990 |
| 2017 | $121K | $130K | $55K | $0 | — | View 990 |
| 2016 | $139K | $140K | $70K | $16K | — | View 990 |
| 2014 | $153K | $142K | $61K | $6K | — | View 990 |
| 2013 | $152K | $144K | $45K | $2K | — | View 990 |
| 2012 | $126K | $148K | $43K | $8K | — | View 990 |
| 2011 | $105K | $91K | $63K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $135K, and assets of $31K (revenue -25.7% year-over-year).
- 2022: Revenue of $121K, expenses of $148K, and assets of $76K (revenue -37.2% year-over-year).
- 2021: Revenue of $193K, expenses of $179K, and assets of $103K (revenue +12.3% year-over-year).
- 2020: Revenue of $172K, expenses of $142K, and assets of $89K (revenue +50.4% year-over-year).
- 2019: Revenue of $114K, expenses of $108K, and assets of $65K (revenue -9.2% year-over-year).
- 2018: Revenue of $126K, expenses of $128K, and assets of $53K (revenue +3.5% year-over-year).
- 2017: Revenue of $121K, expenses of $130K, and assets of $55K (revenue -12.5% year-over-year).
- 2016: Revenue of $139K, expenses of $140K, and assets of $70K (revenue -9.3% year-over-year).
- 2014: Revenue of $153K, expenses of $142K, and assets of $61K (revenue +0.5% year-over-year).
- 2013: Revenue of $152K, expenses of $144K, and assets of $45K (revenue +21.0% year-over-year).
- 2012: Revenue of $126K, expenses of $148K, and assets of $43K (revenue +20.2% year-over-year).
- 2011: Revenue of $105K, expenses of $91K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Promise Of Pulaski County Inc:
Data Sources and Methodology
This transparency report for Family Promise Of Pulaski 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.