First Fidelity Bank Familyfoundation Corp
EIN: 260358690 · Oklahoma City, OK · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $14K |
| Net Assets | $173K |
Is First Fidelity Bank Familyfoundation Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Fidelity Bank Familyfoundation Corp
First Fidelity Bank Familyfoundation Corp (EIN: 260358690) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code T20. The organization reported total revenue of $24K and total assets of $187K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Fidelity Bank Familyfoundation Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Fidelity Bank Familyfoundation Corp is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $14K |
| Surplus / Deficit | +$10K |
| Total Assets | $173K |
| Total Liabilities | $1 |
| Net Assets | $173K |
| Operating Margin | 43.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 151.8 months |
Financial Health Grade: A
In 2023, First Fidelity Bank Familyfoundation Corp reported a surplus of $10K with revenue exceeding expenses, holds 151.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), First Fidelity Bank Familyfoundation Corp's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | +2.7% | +7.1% |
| 2022 | +1.6% | +58.5% | +6.5% |
| 2021 | +14.1% | -41.7% | +10.5% |
| 2020 | -1.1% | +10.9% | +4.2% |
| 2019 | +65.3% | +63.4% | +32.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Fidelity Bank Familyfoundation Corp 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 First Fidelity Bank Familyfoundation Corp 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 $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about First Fidelity Bank Familyfoundation Corp
Is First Fidelity Bank Familyfoundation Corp a legitimate charity?
First Fidelity Bank Familyfoundation Corp (EIN: 260358690) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $24K. No red flags identified. Financial health grade: A.
How does First Fidelity Bank Familyfoundation Corp spend its money?
First Fidelity Bank Familyfoundation Corp reported $24K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to First Fidelity Bank Familyfoundation Corp tax-deductible?
First Fidelity Bank Familyfoundation Corp is registered as a tax-exempt nonprofit (EIN: 260358690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Fidelity Bank Familyfoundation Corp located?
First Fidelity Bank Familyfoundation Corp is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 260358690. It is classified under NTEE code T20.
How many years of IRS 990 filings does First Fidelity Bank Familyfoundation Corp have?
First Fidelity Bank Familyfoundation Corp has 10 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 $24K in total revenue.
Filing History
IRS 990 filing history for First Fidelity Bank Familyfoundation Corp showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), First Fidelity Bank Familyfoundation Corp's revenue has grown by 74.9%, moving from $14K to $24K. Total assets increased by 223.5% over the same period, from $54K to $173K. Total functional expenses rose by 67.4%, from $8K to $14K. In its most recent filing year (2023), First Fidelity Bank Familyfoundation Corp reported a surplus of $10K, with revenue exceeding expenses. The organization holds $1 in liabilities against $173K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $173K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $14K | $173K | $1 | — | — |
| 2022 | $23K | $13K | $162K | $1 | — | View 990 |
| 2021 | $23K | $8K | $152K | $1 | — | View 990 |
| 2020 | $20K | $14K | $137K | $1 | — | — |
| 2019 | $20K | $13K | $132K | $0 | — | View 990 |
| 2015 | $12K | $8K | $99K | $0 | — | View 990 |
| 2014 | $14K | $3K | $95K | $0 | — | View 990 |
| 2013 | $36K | $16K | $84K | $0 | — | View 990 |
| 2012 | $15K | $3K | $65K | $0 | — | View 990 |
| 2011 | $14K | $8K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $14K, and assets of $173K (revenue +3.9% year-over-year).
- 2022: Revenue of $23K, expenses of $13K, and assets of $162K (revenue +1.6% year-over-year).
- 2021: Revenue of $23K, expenses of $8K, and assets of $152K (revenue +14.1% year-over-year).
- 2020: Revenue of $20K, expenses of $14K, and assets of $137K (revenue -1.1% year-over-year).
- 2019: Revenue of $20K, expenses of $13K, and assets of $132K (revenue +65.3% year-over-year).
- 2015: Revenue of $12K, expenses of $8K, and assets of $99K (revenue -11.0% year-over-year).
- 2014: Revenue of $14K, expenses of $3K, and assets of $95K (revenue -61.3% year-over-year).
- 2013: Revenue of $36K, expenses of $16K, and assets of $84K (revenue +140.3% year-over-year).
- 2012: Revenue of $15K, expenses of $3K, and assets of $65K (revenue +7.3% year-over-year).
- 2011: Revenue of $14K, expenses of $8K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Fidelity Bank Familyfoundation Corp:
Data Sources and Methodology
This transparency report for First Fidelity Bank Familyfoundation Corp 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.