Family Promise Of The Lakeshore
EIN: 262655248 · Muskegon, MI · NTEE: P60
Is Family Promise Of The Lakeshore 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 The Lakeshore
Family Promise Of The Lakeshore (EIN: 262655248) is a nonprofit organization based in Muskegon, MI, classified under NTEE code P60. The organization reported total revenue of $328K and total assets of $290K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of The Lakeshore's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Family Promise Of The Lakeshore 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 The Lakeshore 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.
Frequently Asked Questions about Family Promise Of The Lakeshore
Is Family Promise Of The Lakeshore a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Promise Of The Lakeshore (EIN: 262655248) insufficient data. 0 red flags identified, 0 strengths noted.
How does Family Promise Of The Lakeshore spend its money?
Detailed spending breakdown data is not yet available for Family Promise Of The Lakeshore. Check back for updated IRS 990 analysis.
Are donations to Family Promise Of The Lakeshore tax-deductible?
Family Promise Of The Lakeshore is registered as a tax-exempt nonprofit (EIN: 262655248). 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 The Lakeshore showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Promise Of The Lakeshore's revenue has grown by 370.4%, moving from $63K to $295K. Total assets increased by 946.6% over the same period, from $27K to $280K. Total functional expenses rose by 328.7%, from $67K to $287K. In its most recent filing year (2023), Family Promise Of The Lakeshore reported a surplus of $8K, with revenue exceeding expenses. The organization holds $19K in liabilities against $280K in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $261K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $295K | $287K | $280K | $19K | — | View 990 |
| 2022 | $200K | $252K | $258K | $30K | — | View 990 |
| 2021 | $395K | $165K | $314K | $11K | — | View 990 |
| 2020 | $150K | $139K | $108K | $46K | — | — |
| 2019 | $109K | $116K | $72K | $26K | — | View 990 |
| 2018 | $94K | $116K | $51K | $15K | — | View 990 |
| 2017 | $113K | $103K | $58K | $0 | — | — |
| 2016 | $143K | $110K | $62K | $14K | — | View 990 |
| 2015 | $85K | $96K | $9K | $21K | — | View 990 |
| 2014 | $120K | $123K | $13K | $15K | — | View 990 |
| 2013 | $71K | $86K | $2K | $0 | — | View 990 |
| 2012 | $66K | $72K | $19K | $3K | — | View 990 |
| 2011 | $63K | $67K | $27K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $295K, expenses of $287K, and assets of $280K (revenue +47.1% year-over-year).
- 2022: Revenue of $200K, expenses of $252K, and assets of $258K (revenue -49.3% year-over-year).
- 2021: Revenue of $395K, expenses of $165K, and assets of $314K (revenue +162.7% year-over-year).
- 2020: Revenue of $150K, expenses of $139K, and assets of $108K (revenue +38.0% year-over-year).
- 2019: Revenue of $109K, expenses of $116K, and assets of $72K (revenue +16.6% year-over-year).
- 2018: Revenue of $94K, expenses of $116K, and assets of $51K (revenue -16.9% year-over-year).
- 2017: Revenue of $113K, expenses of $103K, and assets of $58K (revenue -21.1% year-over-year).
- 2016: Revenue of $143K, expenses of $110K, and assets of $62K (revenue +66.9% year-over-year).
- 2015: Revenue of $85K, expenses of $96K, and assets of $9K (revenue -28.8% year-over-year).
- 2014: Revenue of $120K, expenses of $123K, and assets of $13K (revenue +69.0% year-over-year).
- 2013: Revenue of $71K, expenses of $86K, and assets of $2K (revenue +8.4% year-over-year).
- 2012: Revenue of $66K, expenses of $72K, and assets of $19K (revenue +4.6% year-over-year).
- 2011: Revenue of $63K, expenses of $67K, and assets of $27K.
Data Sources and Methodology
This transparency report for Family Promise Of The Lakeshore 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.