Fathers Joy Inc
EIN: 463196207 · Mobile, AL · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $67K |
| Net Assets | $112K |
Is Fathers Joy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fathers Joy Inc
Fathers Joy Inc (EIN: 463196207) is a nonprofit organization based in Mobile, AL, classified under NTEE code T50. The organization reported total revenue of $85K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fathers Joy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fathers Joy Inc is a micro nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $67K |
| Surplus / Deficit | +$22K |
| Total Assets | $112K |
| Net Assets | $112K |
| Operating Margin | 24.5% |
| Months of Reserves | 20.0 months |
Financial Health Grade: A
In 2023, Fathers Joy Inc reported a surplus of $22K with revenue exceeding expenses, holds 20.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Fathers Joy Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.0% | -49.6% | +24.1% |
| 2022 | +45.2% | +12.8% | +84.2% |
| 2021 | +17.4% | +13.7% | +4.4% |
| 2020 | -4.6% | +1.8% | -3.1% |
| 2019 | +88.2% | +239.3% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fathers Joy 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 Fathers Joy 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 surplus of $22K, with revenue exceeding expenses.
Frequently Asked Questions about Fathers Joy Inc
Is Fathers Joy Inc a legitimate charity?
Fathers Joy Inc (EIN: 463196207) is a registered tax-exempt nonprofit based in Alabama. It has 11 years of IRS 990 filings on record. Total revenue: $85K. No red flags identified. Financial health grade: A.
How does Fathers Joy Inc spend its money?
Fathers Joy Inc reported $85K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fathers Joy Inc tax-deductible?
Fathers Joy Inc is registered as a tax-exempt nonprofit (EIN: 463196207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fathers Joy Inc located?
Fathers Joy Inc is headquartered in Mobile, Alabama and files with the IRS under EIN 463196207. It is classified under NTEE code T50.
How many years of IRS 990 filings does Fathers Joy Inc have?
Fathers Joy Inc has 11 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 $85K in total revenue.
Filing History
IRS 990 filing history for Fathers Joy Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Fathers Joy Inc's revenue has grown by 171.5%, moving from $33K to $89K. Total assets increased by 832.3% over the same period, from $12K to $112K. Total functional expenses rose by 208%, from $22K to $67K. In its most recent filing year (2023), Fathers Joy Inc reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $67K | $112K | $0 | — | View 990 |
| 2022 | $174K | $133K | $90K | $0 | — | View 990 |
| 2021 | $120K | $118K | $49K | $0 | — | — |
| 2020 | $102K | $104K | $47K | $0 | — | — |
| 2019 | $107K | $102K | $48K | $0 | — | View 990 |
| 2018 | $57K | $30K | $43K | $0 | — | View 990 |
| 2017 | $55K | $52K | $16K | $0 | — | View 990 |
| 2016 | $72K | $71K | $13K | $0 | — | View 990 |
| 2015 | $95K | $91K | $12K | $0 | — | View 990 |
| 2014 | $74K | $77K | $9K | $1K | — | View 990 |
| 2013 | $33K | $22K | $12K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $67K, and assets of $112K (revenue -49.0% year-over-year).
- 2022: Revenue of $174K, expenses of $133K, and assets of $90K (revenue +45.2% year-over-year).
- 2021: Revenue of $120K, expenses of $118K, and assets of $49K (revenue +17.4% year-over-year).
- 2020: Revenue of $102K, expenses of $104K, and assets of $47K (revenue -4.6% year-over-year).
- 2019: Revenue of $107K, expenses of $102K, and assets of $48K (revenue +88.2% year-over-year).
- 2018: Revenue of $57K, expenses of $30K, and assets of $43K (revenue +3.0% year-over-year).
- 2017: Revenue of $55K, expenses of $52K, and assets of $16K (revenue -23.0% year-over-year).
- 2016: Revenue of $72K, expenses of $71K, and assets of $13K (revenue -24.4% year-over-year).
- 2015: Revenue of $95K, expenses of $91K, and assets of $12K (revenue +27.9% year-over-year).
- 2014: Revenue of $74K, expenses of $77K, and assets of $9K (revenue +127.1% year-over-year).
- 2013: Revenue of $33K, expenses of $22K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fathers Joy Inc:
Data Sources and Methodology
This transparency report for Fathers Joy 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.