Far Corners Missions
EIN: 272467011 · Ft Worth, TX · NTEE: X20
Is Far Corners Missions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Far Corners Missions
Far Corners Missions (EIN: 272467011) is a nonprofit organization based in Ft Worth, TX, classified under NTEE code X20. The organization reported total revenue of $865K and total assets of $401K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Far Corners Missions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Far Corners Missions 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 Far Corners Missions 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 Far Corners Missions
Is Far Corners Missions a legitimate charity?
Based on AI analysis of IRS 990 filings, Far Corners Missions (EIN: 272467011) insufficient data. 0 red flags identified, 0 strengths noted.
How does Far Corners Missions spend its money?
Detailed spending breakdown data is not yet available for Far Corners Missions. Check back for updated IRS 990 analysis.
Are donations to Far Corners Missions tax-deductible?
Far Corners Missions is registered as a tax-exempt nonprofit (EIN: 272467011). 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 Far Corners Missions showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Far Corners Missions's revenue has declined by 50.3%, moving from $842K to $418K. Total assets decreased by 91.9% over the same period, from $876K to $71K. Total functional expenses fell by 22%, from $927K to $723K. In its most recent filing year (2023), Far Corners Missions reported a deficit of $305K, with expenses exceeding revenue. The organization holds $5K in liabilities against $71K in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $66K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $418K | $723K | $71K | $5K | — | — |
| 2022 | $571K | $578K | $353K | $2K | — | — |
| 2021 | $424K | $506K | $445K | $2K | — | View 990 |
| 2020 | $416K | $572K | $510K | $14K | — | — |
| 2019 | $400K | $551K | $637K | $2K | — | View 990 |
| 2018 | $395K | $465K | $714K | $2K | — | View 990 |
| 2017 | $504K | $440K | $821K | $10K | — | — |
| 2016 | $375K | $556K | $760K | $13K | — | View 990 |
| 2015 | $829K | $855K | $846K | $9K | — | View 990 |
| 2014 | $903K | $852K | $1.0M | $8K | — | View 990 |
| 2013 | $791K | $759K | $1.1M | $12K | — | View 990 |
| 2012 | $849K | $891K | $929K | $56K | — | View 990 |
| 2011 | $842K | $927K | $876K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $418K, expenses of $723K, and assets of $71K (revenue -26.8% year-over-year).
- 2022: Revenue of $571K, expenses of $578K, and assets of $353K (revenue +34.5% year-over-year).
- 2021: Revenue of $424K, expenses of $506K, and assets of $445K (revenue +2.1% year-over-year).
- 2020: Revenue of $416K, expenses of $572K, and assets of $510K (revenue +3.9% year-over-year).
- 2019: Revenue of $400K, expenses of $551K, and assets of $637K (revenue +1.3% year-over-year).
- 2018: Revenue of $395K, expenses of $465K, and assets of $714K (revenue -21.6% year-over-year).
- 2017: Revenue of $504K, expenses of $440K, and assets of $821K (revenue +34.4% year-over-year).
- 2016: Revenue of $375K, expenses of $556K, and assets of $760K (revenue -54.7% year-over-year).
- 2015: Revenue of $829K, expenses of $855K, and assets of $846K (revenue -8.2% year-over-year).
- 2014: Revenue of $903K, expenses of $852K, and assets of $1.0M (revenue +14.1% year-over-year).
- 2013: Revenue of $791K, expenses of $759K, and assets of $1.1M (revenue -6.8% year-over-year).
- 2012: Revenue of $849K, expenses of $891K, and assets of $929K (revenue +0.9% year-over-year).
- 2011: Revenue of $842K, expenses of $927K, and assets of $876K.
Data Sources and Methodology
This transparency report for Far Corners Missions 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.