Father & Son Connection Inc
Father & Son Connection Inc consistently operates without executive compensation, showing steady revenue and asset growth.
EIN: 204888995 · Fort Worth, TX · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $554K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $623,501 |
| Net Assets | $343K |
| Transparency Score | 90/100 |
Is Father & Son Connection Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Father & Son Connection Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Father & Son Connection Inc
Father & Son Connection Inc (EIN: 204888995) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code X99. The organization reported total revenue of $1.6M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Father & Son Connection Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Father & Son Connection Inc is a mid-size 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 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $624K |
| Total Expenses | $554K |
| Surplus / Deficit | +$69K |
| Total Assets | $357K |
| Total Liabilities | $14K |
| Net Assets | $343K |
| Operating Margin | 11.1% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Father & Son Connection Inc reported a surplus of $69K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Father & Son Connection Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | -5.4% | +27.7% |
| 2022 | -4.0% | -5.8% | +10.7% |
| 2021 | -0.9% | -4.8% | -3.0% |
| 2020 | +11.4% | +16.2% | +31.8% |
| 2019 | +10.4% | +17.3% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 Father & Son Connection Inc 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, Father & Son Connection Inc 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 $69K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
Executive compensation has been reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization of its size (latest revenue $623,501) and suggests a strong commitment to directing funds towards its mission.
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 Father & Son Connection Inc:
- Consistent 0% officer compensation, indicating high dedication to mission.
- Steady revenue generation and expense management over a decade.
- Positive trend in asset growth, from $197,294 in 2019 to $356,706 in 2023.
- Low liabilities relative to assets, suggesting good financial health.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Father & Son Connection Inc
Is Father & Son Connection Inc a legitimate charity?
Father & Son Connection Inc (EIN: 204888995) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Father & Son Connection Inc spend its money?
Father & Son Connection Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Father & Son Connection Inc tax-deductible?
Father & Son Connection Inc is registered as a tax-exempt nonprofit (EIN: 204888995). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Father & Son Connection Inc CEO make?
Father & Son Connection Inc's highest-compensated officer earns $623,501 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Father & Son Connection Inc's spending goes to programs?
Father & Son Connection Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Father & Son Connection Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Father & Son Connection Inc is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Father & Son Connection Inc located?
Father & Son Connection Inc is headquartered in Fort Worth, Texas and files with the IRS under EIN 204888995. It is classified under NTEE code X99.
How many years of IRS 990 filings does Father & Son Connection Inc have?
Father & Son Connection Inc 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 $1.6M in total revenue.
How does Father & Son Connection Inc manage to operate without officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership may be volunteer-based or compensated through other means not classified as officer compensation, or that the organization has a unique operational model that minimizes executive salary expenses.
What is the trend in the organization's net assets?
Net assets have shown a positive trend, increasing from $197,294 in 2019 to $356,706 in 2023, indicating financial growth and stability.
Is the organization financially stable given its revenue and expense patterns?
Yes, the organization appears financially stable, consistently generating revenues that cover or slightly exceed expenses, leading to steady asset growth and low liabilities over the past several years.
Filing History
IRS 990 filing history for Father & Son Connection Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Father & Son Connection Inc's revenue has grown by 84.5%, moving from $338K to $624K. Total assets increased by 149% over the same period, from $143K to $357K. Total functional expenses rose by 103.4%, from $273K to $554K. In its most recent filing year (2023), Father & Son Connection Inc reported a surplus of $69K, with revenue exceeding expenses. The organization holds $14K in liabilities against $357K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $343K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $624K | $554K | $357K | $14K | — | View 990 |
| 2022 | $628K | $586K | $279K | $6K | — | — |
| 2021 | $654K | $622K | $252K | $21K | — | View 990 |
| 2020 | $660K | $653K | $260K | $62K | — | — |
| 2019 | $593K | $562K | $197K | $6K | — | View 990 |
| 2018 | $537K | $479K | $191K | $30K | — | View 990 |
| 2017 | $482K | $533K | $140K | $40K | — | View 990 |
| 2016 | $530K | $532K | $186K | $36K | — | View 990 |
| 2015 | $650K | $673K | $196K | $44K | — | View 990 |
| 2014 | $544K | $520K | $221K | $45K | — | View 990 |
| 2013 | $445K | $369K | $174K | $19K | — | View 990 |
| 2012 | $285K | $342K | $108K | $29K | — | View 990 |
| 2011 | $338K | $273K | $143K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $624K, expenses of $554K, and assets of $357K (revenue -0.7% year-over-year).
- 2022: Revenue of $628K, expenses of $586K, and assets of $279K (revenue -4.0% year-over-year).
- 2021: Revenue of $654K, expenses of $622K, and assets of $252K (revenue -0.9% year-over-year).
- 2020: Revenue of $660K, expenses of $653K, and assets of $260K (revenue +11.4% year-over-year).
- 2019: Revenue of $593K, expenses of $562K, and assets of $197K (revenue +10.4% year-over-year).
- 2018: Revenue of $537K, expenses of $479K, and assets of $191K (revenue +11.4% year-over-year).
- 2017: Revenue of $482K, expenses of $533K, and assets of $140K (revenue -9.1% year-over-year).
- 2016: Revenue of $530K, expenses of $532K, and assets of $186K (revenue -18.5% year-over-year).
- 2015: Revenue of $650K, expenses of $673K, and assets of $196K (revenue +19.6% year-over-year).
- 2014: Revenue of $544K, expenses of $520K, and assets of $221K (revenue +22.3% year-over-year).
- 2013: Revenue of $445K, expenses of $369K, and assets of $174K (revenue +55.8% year-over-year).
- 2012: Revenue of $285K, expenses of $342K, and assets of $108K (revenue -15.6% year-over-year).
- 2011: Revenue of $338K, expenses of $273K, and assets of $143K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Father & Son Connection Inc:
Data Sources and Methodology
This transparency report for Father & Son Connection 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.