Fellowship Of Spirit Inc
Fellowship Of Spirit Inc maintains stable assets and low executive compensation despite fluctuating revenues.
EIN: 205121629 · Farmington, NM · NTEE: X20 · Updated: 2026-03-28
Is Fellowship Of Spirit Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fellowship Of Spirit Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fellowship Of Spirit Inc
Fellowship Of Spirit Inc (EIN: 205121629) is a nonprofit organization based in Farmington, NM, classified under NTEE code X20. The organization reported total revenue of $31K and total assets of $316K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fellowship Of Spirit Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fellowship Of Spirit Inc with a Mission Score of 80 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, Fellowship Of Spirit 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.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly favorable for donor trust and resource allocation.
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 Fellowship Of Spirit Inc's IRS 990 filings:
- Significant revenue volatility over the past decade, making long-term planning potentially challenging.
Strengths
The following positive indicators were identified for Fellowship Of Spirit Inc:
- Consistent 0% officer compensation, indicating a strong commitment to minimizing administrative costs.
- Stable asset base, providing a solid foundation for operations (e.g., $323,438 in 2023).
- Decreasing liabilities over time, improving the organization's financial health (from $93,575 in 2015 to $26,999 in 2023).
- Operating with a surplus in recent years (e.g., $15,683 surplus in 2023).
Frequently Asked Questions about Fellowship Of Spirit Inc
Is Fellowship Of Spirit Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fellowship Of Spirit Inc (EIN: 205121629) some concerns. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
How does Fellowship Of Spirit Inc spend its money?
Fellowship Of Spirit Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fellowship Of Spirit Inc tax-deductible?
Fellowship Of Spirit Inc is registered as a tax-exempt nonprofit (EIN: 205121629). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Fellowship Of Spirit Inc financially stable?
Yes, the organization appears financially stable, with consistent asset levels (e.g., $323,438 in 2023) and a positive operating margin in recent years (e.g., $35,076 revenue vs. $19,393 expenses in 2023). Liabilities have also decreased significantly.
How efficient is Fellowship Of Spirit Inc with its spending?
The organization appears efficient, especially given the 0% officer compensation reported across all filings. In 2023, expenses were $19,393 against revenues of $35,076, indicating a significant portion of revenue was not consumed by overhead.
What is the trend in Fellowship Of Spirit Inc's revenue?
Revenue has been highly volatile, peaking at $178,598 in 2014 and declining to $35,076 in 2023. This suggests a need for more consistent funding streams.
Filing History
IRS 990 filing history for Fellowship Of Spirit Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Fellowship Of Spirit Inc's revenue has declined by 40.1%, moving from $59K to $35K. Total assets increased by 265.4% over the same period, from $89K to $323K. Total functional expenses fell by 60.2%, from $49K to $19K. In its most recent filing year (2023), Fellowship Of Spirit Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $27K in liabilities against $323K in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $19K | $323K | $27K | — | View 990 |
| 2021 | $28K | $25K | $317K | $44K | — | View 990 |
| 2019 | $59K | $63K | $309K | $62K | — | View 990 |
| 2018 | $64K | $62K | $312K | $72K | — | View 990 |
| 2017 | $62K | $64K | $307K | $80K | — | — |
| 2016 | $66K | $72K | $314K | $88K | — | View 990 |
| 2015 | $71K | $64K | $306K | $94K | — | View 990 |
| 2014 | $179K | $62K | $208K | $5K | — | View 990 |
| 2013 | $68K | $57K | $80K | $0 | — | View 990 |
| 2012 | $59K | $49K | $89K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $19K, and assets of $323K (revenue +26.0% year-over-year).
- 2021: Revenue of $28K, expenses of $25K, and assets of $317K (revenue -52.9% year-over-year).
- 2019: Revenue of $59K, expenses of $63K, and assets of $309K (revenue -8.0% year-over-year).
- 2018: Revenue of $64K, expenses of $62K, and assets of $312K (revenue +4.5% year-over-year).
- 2017: Revenue of $62K, expenses of $64K, and assets of $307K (revenue -7.3% year-over-year).
- 2016: Revenue of $66K, expenses of $72K, and assets of $314K (revenue -6.5% year-over-year).
- 2015: Revenue of $71K, expenses of $64K, and assets of $306K (revenue -60.3% year-over-year).
- 2014: Revenue of $179K, expenses of $62K, and assets of $208K (revenue +161.0% year-over-year).
- 2013: Revenue of $68K, expenses of $57K, and assets of $80K (revenue +16.8% year-over-year).
- 2012: Revenue of $59K, expenses of $49K, and assets of $89K.
Data Sources and Methodology
This transparency report for Fellowship Of Spirit 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.