Father To Father Inc
EIN: 571121606 · Mt Pleasant, SC · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $963K |
| Total Expenses | $1.0M |
| Net Assets | $41K |
Is Father To Father Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Father To Father Inc
Father To Father Inc (EIN: 571121606) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code P80. The organization reported total revenue of $963K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Father To Father Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Father To Father Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $944K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-98,144 |
| Total Assets | $111K |
| Total Liabilities | $70K |
| Net Assets | $41K |
| Operating Margin | -10.4% |
| Debt-to-Asset Ratio | 62.7% |
| Months of Reserves | 1.3 months |
Financial Health Grade: D
In 2023, Father To Father Inc reported a deficit of $98K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 62.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Father To Father Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.7% | -4.9% | -80.2% |
| 2022 | -3.3% | +14.2% | -10.8% |
| 2021 | +34.6% | +33.7% | +514.9% |
| 2020 | +4.5% | -24.8% | -37.0% |
| 2019 | -14.3% | -8.9% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Father To Father Inc 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 Father To Father Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $98K, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.7%.
Frequently Asked Questions about Father To Father Inc
Is Father To Father Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Father To Father Inc (EIN: 571121606) insufficient data. 0 red flags identified, 0 strengths noted.
How does Father To Father Inc spend its money?
Detailed spending breakdown data is not yet available for Father To Father Inc. Check back for updated IRS 990 analysis.
Are donations to Father To Father Inc tax-deductible?
Father To Father Inc is registered as a tax-exempt nonprofit (EIN: 571121606). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Father To Father Inc located?
Father To Father Inc is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 571121606. It is classified under NTEE code P80.
How many years of IRS 990 filings does Father To Father Inc have?
Father To Father 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 $963K in total revenue.
Filing History
IRS 990 filing history for Father To Father Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Father To Father Inc's revenue has grown by 213.7%, moving from $301K to $944K. Total assets increased by 191.8% over the same period, from $38K to $111K. Total functional expenses rose by 244.5%, from $303K to $1.0M. In its most recent filing year (2023), Father To Father Inc reported a deficit of $98K, with expenses exceeding revenue. The organization holds $70K in liabilities against $111K in assets (debt-to-asset ratio: 62.7%), resulting in net assets of $41K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $944K | $1.0M | $111K | $70K | — | — |
| 2022 | $1.1M | $1.1M | $562K | $421K | — | View 990 |
| 2021 | $1.1M | $960K | $630K | $500K | — | View 990 |
| 2020 | $851K | $718K | $103K | $157K | — | — |
| 2019 | $814K | $954K | $163K | $263K | — | View 990 |
| 2018 | $949K | $1.0M | $144K | $178K | — | View 990 |
| 2017 | $808K | $843K | $151K | $89K | — | View 990 |
| 2016 | $536K | $443K | $116K | $13K | — | View 990 |
| 2015 | $323K | $351K | $19K | $9K | — | View 990 |
| 2014 | $321K | $301K | $49K | $12K | — | View 990 |
| 2013 | $272K | $274K | $25K | $7K | — | View 990 |
| 2012 | $259K | $259K | $35K | $0 | — | View 990 |
| 2011 | $301K | $303K | $38K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $944K, expenses of $1.0M, and assets of $111K (revenue -14.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $562K (revenue -3.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $960K, and assets of $630K (revenue +34.6% year-over-year).
- 2020: Revenue of $851K, expenses of $718K, and assets of $103K (revenue +4.5% year-over-year).
- 2019: Revenue of $814K, expenses of $954K, and assets of $163K (revenue -14.3% year-over-year).
- 2018: Revenue of $949K, expenses of $1.0M, and assets of $144K (revenue +17.5% year-over-year).
- 2017: Revenue of $808K, expenses of $843K, and assets of $151K (revenue +50.7% year-over-year).
- 2016: Revenue of $536K, expenses of $443K, and assets of $116K (revenue +66.2% year-over-year).
- 2015: Revenue of $323K, expenses of $351K, and assets of $19K (revenue +0.6% year-over-year).
- 2014: Revenue of $321K, expenses of $301K, and assets of $49K (revenue +17.8% year-over-year).
- 2013: Revenue of $272K, expenses of $274K, and assets of $25K (revenue +5.3% year-over-year).
- 2012: Revenue of $259K, expenses of $259K, and assets of $35K (revenue -14.0% year-over-year).
- 2011: Revenue of $301K, expenses of $303K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Father To Father Inc:
Data Sources and Methodology
This transparency report for Father To Father 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.