Fc Singers Inc
Fc Singers Inc maintains zero liabilities and no officer compensation, with fluctuating but generally positive financial performance.
EIN: 201181605 · Indianapolis, IN · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $635K |
| Total Expenses | $433K |
| Program Spending | 90% |
| Net Assets | $262K |
| Transparency Score | 92/100 |
Is Fc Singers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fc Singers Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fc Singers Inc
Fc Singers Inc (EIN: 201181605) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B11. The organization reported total revenue of $635K and total assets of $329K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fc Singers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fc Singers Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $465K |
| Total Expenses | $433K |
| Surplus / Deficit | +$32K |
| Total Assets | $262K |
| Net Assets | $262K |
| Operating Margin | 7.0% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Fc Singers Inc reported a surplus of $32K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Fc Singers Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.6% | -33.6% | -12.0% |
| 2022 | -35.1% | +93.8% | -43.4% |
| 2021 | +168.2% | +50.9% | +152.8% |
| 2020 | -40.2% | -44.2% | +11.0% |
| 2019 | -18.4% | -17.5% | -26.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Fc Singers Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Fc Singers Inc 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 $32K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led leadership or a structure where top officers are not compensated, which is highly efficient for an organization of its size.
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 Fc Singers Inc's IRS 990 filings:
- Significant deficit in 2022 ($651,760 expenses vs. $424,324 revenue) without clear explanation in provided data.
Strengths
The following positive indicators were identified for Fc Singers Inc:
- Consistent reporting of 0% officer compensation, indicating highly efficient administrative spending.
- Zero liabilities reported across all filings, demonstrating strong financial health and low risk.
- Consistent filing of IRS Form 990s over 13 periods, showing commitment to transparency and compliance.
- Positive net assets and asset growth over the past decade.
Frequently Asked Questions about Fc Singers Inc
Is Fc Singers Inc a legitimate charity?
Fc Singers Inc (EIN: 201181605) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $635K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Fc Singers Inc spend its money?
Fc Singers Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Fc Singers Inc tax-deductible?
Fc Singers Inc is registered as a tax-exempt nonprofit (EIN: 201181605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Fc Singers Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Fc Singers Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fc Singers Inc located?
Fc Singers Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 201181605. It is classified under NTEE code B11.
How many years of IRS 990 filings does Fc Singers Inc have?
Fc Singers 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 $635K in total revenue.
Is Fc Singers Inc financially stable?
Yes, generally. While there was a significant deficit in 2022, the organization consistently reports zero liabilities and has shown asset growth over time, indicating overall financial stability.
How does Fc Singers Inc manage its administrative costs?
The organization manages administrative costs exceptionally well, with 0% reported officer compensation across all filings, suggesting a highly efficient, likely volunteer-driven, administrative structure.
What caused the significant expense increase in 2022?
The provided data does not specify the exact cause of the $651,760 in expenses against $424,324 in revenue in 2022, but it represents a notable deviation from their typical financial performance and would warrant further investigation into program expansion or one-time costs.
Does Fc Singers Inc have any debt?
No, Fc Singers Inc consistently reports $0 in liabilities across all available IRS 990 filings, indicating no outstanding debt.
Filing History
IRS 990 filing history for Fc Singers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fc Singers Inc's revenue has grown by 77.3%, moving from $262K to $465K. Total assets increased by 203.2% over the same period, from $86K to $262K. Total functional expenses rose by 41.1%, from $307K to $433K. In its most recent filing year (2023), Fc Singers Inc reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $465K | $433K | $262K | $0 | — | View 990 |
| 2022 | $424K | $652K | $298K | $0 | — | — |
| 2021 | $654K | $336K | $525K | $0 | — | View 990 |
| 2020 | $244K | $223K | $208K | $0 | — | View 990 |
| 2019 | $408K | $399K | $187K | $0 | — | View 990 |
| 2018 | $500K | $484K | $256K | $0 | — | View 990 |
| 2017 | $460K | $387K | $239K | $0 | — | View 990 |
| 2016 | $280K | $287K | $166K | $0 | — | View 990 |
| 2015 | $298K | $256K | $173K | $0 | — | View 990 |
| 2014 | $389K | $367K | $111K | $0 | — | View 990 |
| 2013 | $263K | $294K | $107K | $18K | — | View 990 |
| 2012 | $353K | $320K | $121K | $2K | — | View 990 |
| 2011 | $262K | $307K | $86K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $465K, expenses of $433K, and assets of $262K (revenue +9.6% year-over-year).
- 2022: Revenue of $424K, expenses of $652K, and assets of $298K (revenue -35.1% year-over-year).
- 2021: Revenue of $654K, expenses of $336K, and assets of $525K (revenue +168.2% year-over-year).
- 2020: Revenue of $244K, expenses of $223K, and assets of $208K (revenue -40.2% year-over-year).
- 2019: Revenue of $408K, expenses of $399K, and assets of $187K (revenue -18.4% year-over-year).
- 2018: Revenue of $500K, expenses of $484K, and assets of $256K (revenue +8.8% year-over-year).
- 2017: Revenue of $460K, expenses of $387K, and assets of $239K (revenue +64.1% year-over-year).
- 2016: Revenue of $280K, expenses of $287K, and assets of $166K (revenue -5.8% year-over-year).
- 2015: Revenue of $298K, expenses of $256K, and assets of $173K (revenue -23.5% year-over-year).
- 2014: Revenue of $389K, expenses of $367K, and assets of $111K (revenue +47.9% year-over-year).
- 2013: Revenue of $263K, expenses of $294K, and assets of $107K (revenue -25.5% year-over-year).
- 2012: Revenue of $353K, expenses of $320K, and assets of $121K (revenue +34.6% year-over-year).
- 2011: Revenue of $262K, expenses of $307K, and assets of $86K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fc Singers Inc:
Data Sources and Methodology
This transparency report for Fc Singers 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.