Family Worship Assembly Church
Family Worship Assembly Church maintains stable assets with minimal liabilities and no reported officer compensation.
EIN: 10432540 · Saint David, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $22K |
| Program Spending | 90% |
| Net Assets | $132K |
| Transparency Score | 75/100 |
Is Family Worship Assembly Church Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Worship Assembly Church directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Worship Assembly Church
Family Worship Assembly Church (EIN: 10432540) is a nonprofit organization based in Saint David, ME. The organization reported total revenue of $17K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Worship Assembly Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Worship Assembly Church is a micro nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $22K |
| Surplus / Deficit | +$14K |
| Total Assets | $132K |
| Net Assets | $132K |
| Operating Margin | 38.2% |
| Months of Reserves | 71.0 months |
Financial Health Grade: A
In 2023, Family Worship Assembly Church reported a surplus of $14K with revenue exceeding expenses, holds 71.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Family Worship Assembly Church's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.1% | -32.8% | +5.7% |
| 2022 | -8.3% | -5.5% | +3.8% |
| 2021 | +26.4% | +-0.0% | -1.0% |
| 2020 | -21.3% | +5.9% | -6.4% |
| 2019 | +11.8% | +8.7% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1989 |
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 Worship Assembly Church with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Family Worship Assembly Church allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $14K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through means not reported as officer compensation on the 990, which is a positive for resource allocation.
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 Worship Assembly Church's IRS 990 filings:
- NTEE code is unknown, limiting understanding of specific mission area.
- Lack of detailed expense breakdown in provided data prevents granular analysis of program vs. administrative spending.
Strengths
The following positive indicators were identified for Family Worship Assembly Church:
- Consistent 0% officer compensation, indicating efficient use of funds for mission.
- Low to zero liabilities across most filing periods, demonstrating financial prudence.
- Consistent filing of IRS Form 990s, showing compliance and transparency.
- Growing asset base over the past decade, indicating financial stability and growth.
Frequently Asked Questions about Family Worship Assembly Church
Is Family Worship Assembly Church a legitimate charity?
Family Worship Assembly Church (EIN: 10432540) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $17K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Family Worship Assembly Church spend its money?
Family Worship Assembly Church directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Family Worship Assembly Church tax-deductible?
Family Worship Assembly Church is registered as a tax-exempt nonprofit (EIN: 10432540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Family Worship Assembly Church located?
Family Worship Assembly Church is headquartered in Saint David, Maine and files with the IRS under EIN 10432540.
How many years of IRS 990 filings does Family Worship Assembly Church have?
Family Worship Assembly Church 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 $17K in total revenue.
Is Family Worship Assembly Church financially stable?
Yes, the organization appears financially stable, consistently maintaining assets over $100,000 and generally keeping liabilities at $0, with only one instance of reported liabilities ($6,724 in 2022) in the provided data.
How does Family Worship Assembly Church manage its expenses?
Expenses have generally been close to or slightly above revenue in several years (e.g., $33,237 expenses vs. $31,128 revenue in 2022), suggesting a lean operational budget. The consistent 0% officer compensation indicates a focus on minimizing overhead related to leadership salaries.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend, growing from $111,611 in 2014 to $132,212 in 2023, indicating a gradual accumulation of resources over time.
Does the organization have significant debt?
No, the organization consistently reports $0 in liabilities for most years, with a minor exception of $6,724 in 2022, indicating a very low debt burden.
Filing History
IRS 990 filing history for Family Worship Assembly Church showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Worship Assembly Church's revenue has declined by 13.5%, moving from $42K to $36K. Total assets increased by 23.2% over the same period, from $107K to $132K. Total functional expenses fell by 40.4%, from $37K to $22K. In its most recent filing year (2023), Family Worship Assembly Church reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $22K | $132K | $0 | — | View 990 |
| 2022 | $31K | $33K | $125K | $7K | — | View 990 |
| 2021 | $34K | $35K | $121K | $0 | — | View 990 |
| 2020 | $27K | $35K | $122K | $0 | — | View 990 |
| 2019 | $34K | $33K | $130K | $0 | — | View 990 |
| 2018 | $31K | $31K | $129K | $0 | — | View 990 |
| 2017 | $29K | $24K | $1 | $0 | — | View 990 |
| 2016 | $28K | $23K | $125K | $0 | — | View 990 |
| 2015 | $28K | $29K | $114K | $0 | — | View 990 |
| 2014 | $30K | $34K | $112K | $0 | — | View 990 |
| 2013 | $41K | $38K | $113K | $0 | — | View 990 |
| 2012 | $40K | $36K | $107K | $0 | — | View 990 |
| 2011 | $42K | $37K | $107K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $22K, and assets of $132K (revenue +16.1% year-over-year).
- 2022: Revenue of $31K, expenses of $33K, and assets of $125K (revenue -8.3% year-over-year).
- 2021: Revenue of $34K, expenses of $35K, and assets of $121K (revenue +26.4% year-over-year).
- 2020: Revenue of $27K, expenses of $35K, and assets of $122K (revenue -21.3% year-over-year).
- 2019: Revenue of $34K, expenses of $33K, and assets of $130K (revenue +11.8% year-over-year).
- 2018: Revenue of $31K, expenses of $31K, and assets of $129K (revenue +7.1% year-over-year).
- 2017: Revenue of $29K, expenses of $24K, and assets of $1 (revenue +1.9% year-over-year).
- 2016: Revenue of $28K, expenses of $23K, and assets of $125K (revenue +0.4% year-over-year).
- 2015: Revenue of $28K, expenses of $29K, and assets of $114K (revenue -6.2% year-over-year).
- 2014: Revenue of $30K, expenses of $34K, and assets of $112K (revenue -27.2% year-over-year).
- 2013: Revenue of $41K, expenses of $38K, and assets of $113K (revenue +2.3% year-over-year).
- 2012: Revenue of $40K, expenses of $36K, and assets of $107K (revenue -4.5% year-over-year).
- 2011: Revenue of $42K, expenses of $37K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Worship Assembly Church:
Data Sources and Methodology
This transparency report for Family Worship Assembly Church 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.