Finding Faith Inc
Finding Faith Inc. maintains stable finances with no reported officer compensation.
EIN: 201601438 · Gainesville, GA · NTEE: E99 · Updated: 2026-03-28
Is Finding Faith Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Finding Faith Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Finding Faith Inc
Finding Faith Inc (EIN: 201601438) is a nonprofit organization based in Gainesville, GA, classified under NTEE code E99. The organization reported total revenue of $157K and total assets of $130K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finding Faith Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Finding Faith Inc is a small 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 26.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $192K |
| Total Expenses | $195K |
| Surplus / Deficit | $-3,224 |
| Total Assets | $161K |
| Total Liabilities | $1K |
| Net Assets | $159K |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Finding Faith Inc reported a deficit of $3K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Finding Faith Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.2% | -0.7% | -1.6% |
| 2022 | +0.3% | -8.3% | +24.8% |
| 2021 | +32.3% | +26.6% | +11.9% |
| 2020 | -35.7% | -24.5% | +3.2% |
| 2019 | +8.1% | -5.6% | +64.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Finding Faith Inc with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Finding Faith Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Finding Faith Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a strong positive for a nonprofit of its size, suggesting a volunteer-led or very lean executive structure.
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 Finding Faith Inc's IRS 990 filings:
- Occasional slight operating deficits (e.g., 2023: Expenses $195,110 vs. Revenue $191,886)
Strengths
The following positive indicators were identified for Finding Faith Inc:
- Consistent 0% officer compensation reported across all filings
- Healthy and growing asset base ($15,674 in 2014 to $160,513 in 2023)
- Long history of transparent IRS 990 filings (13 filings)
- Stable revenue stream over a decade
Frequently Asked Questions about Finding Faith Inc
Is Finding Faith Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Finding Faith Inc (EIN: 201601438) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Finding Faith Inc spend its money?
Finding Faith Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Finding Faith Inc tax-deductible?
Finding Faith Inc is registered as a tax-exempt nonprofit (EIN: 201601438). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Finding Faith Inc. a good charity?
Based on the provided financial data, Finding Faith Inc. appears to be a well-managed charity. It consistently reports 0% officer compensation, maintains a healthy asset base relative to its revenue, and has a long history of transparent IRS 990 filings. These factors suggest a strong commitment to its mission and efficient use of funds.
How has Finding Faith Inc.'s financial health changed over time?
Finding Faith Inc.'s financial health has shown steady growth in assets, from $15,674 in 2014 to $160,513 in 2023. While revenues and expenses have fluctuated, the organization has consistently maintained a positive asset base, indicating financial stability and growth over the decade.
What is the trend in Finding Faith Inc.'s revenue?
Finding Faith Inc.'s revenue has fluctuated over the years, with a peak of $268,483 in 2019 and a recent figure of $191,886 in 2023. While there isn't a consistent upward trend, the organization has maintained a substantial revenue stream, generally above $150,000 annually.
Filing History
IRS 990 filing history for Finding Faith Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Finding Faith Inc's revenue has grown by 1610.5%, moving from $11K to $192K. Total assets increased by 6212% over the same period, from $3K to $161K. Total functional expenses rose by 2212.3%, from $8K to $195K. In its most recent filing year (2023), Finding Faith Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1K in liabilities against $161K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $159K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $192K | $195K | $161K | $1K | — | View 990 |
| 2022 | $229K | $197K | $163K | $618 | — | View 990 |
| 2021 | $228K | $214K | $131K | $780 | — | View 990 |
| 2020 | $173K | $169K | $117K | $883 | — | View 990 |
| 2019 | $268K | $224K | $113K | $540 | — | View 990 |
| 2018 | $248K | $238K | $69K | $417 | — | View 990 |
| 2017 | $264K | $231K | $58K | $567 | — | View 990 |
| 2016 | $190K | $184K | $27K | $2K | — | View 990 |
| 2015 | $178K | $169K | $20K | $847 | — | View 990 |
| 2014 | $153K | $149K | $16K | $5K | — | View 990 |
| 2013 | $122K | $145K | $6K | $173 | — | View 990 |
| 2012 | $80K | $53K | $32K | $2K | — | View 990 |
| 2011 | $11K | $8K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $192K, expenses of $195K, and assets of $161K (revenue -16.2% year-over-year).
- 2022: Revenue of $229K, expenses of $197K, and assets of $163K (revenue +0.3% year-over-year).
- 2021: Revenue of $228K, expenses of $214K, and assets of $131K (revenue +32.3% year-over-year).
- 2020: Revenue of $173K, expenses of $169K, and assets of $117K (revenue -35.7% year-over-year).
- 2019: Revenue of $268K, expenses of $224K, and assets of $113K (revenue +8.1% year-over-year).
- 2018: Revenue of $248K, expenses of $238K, and assets of $69K (revenue -6.0% year-over-year).
- 2017: Revenue of $264K, expenses of $231K, and assets of $58K (revenue +39.3% year-over-year).
- 2016: Revenue of $190K, expenses of $184K, and assets of $27K (revenue +6.7% year-over-year).
- 2015: Revenue of $178K, expenses of $169K, and assets of $20K (revenue +16.3% year-over-year).
- 2014: Revenue of $153K, expenses of $149K, and assets of $16K (revenue +25.5% year-over-year).
- 2013: Revenue of $122K, expenses of $145K, and assets of $6K (revenue +52.6% year-over-year).
- 2012: Revenue of $80K, expenses of $53K, and assets of $32K (revenue +611.5% year-over-year).
- 2011: Revenue of $11K, expenses of $8K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Finding Faith Inc:
Data Sources and Methodology
This transparency report for Finding Faith 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.