First Growth Children And Family Charities Inc
First Growth Children And Family Charities Inc faces declining revenue and consistent operating deficits in recent years.
EIN: 201260228 · Portland, OR · NTEE: P114 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $397K |
| Total Expenses | $371K |
| Program Spending | 80% |
| Net Assets | $419K |
| Transparency Score | 70/100 |
Is First Growth Children And Family Charities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
First Growth Children And Family Charities Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About First Growth Children And Family Charities Inc
First Growth Children And Family Charities Inc (EIN: 201260228) is a nonprofit organization based in Portland, OR, classified under NTEE code P114. The organization reported total revenue of $397K and total assets of $550K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Growth Children And Family Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Growth Children And Family Charities Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $335K |
| Total Expenses | $371K |
| Surplus / Deficit | $-36,190 |
| Total Assets | $660K |
| Total Liabilities | $241K |
| Net Assets | $419K |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 36.5% |
| Months of Reserves | 21.3 months |
Financial Health Grade: B
In 2023, First Growth Children And Family Charities Inc reported a deficit of $36K with expenses exceeding revenue, holds 21.3 months of operating reserves (strong position), has a debt-to-asset ratio of 36.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), First Growth Children And Family Charities Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.5% | +1.0% | -18.6% |
| 2022 | +239.5% | +32.2% | +27.7% |
| 2021 | -94.5% | -86.2% | -41.1% |
| 2020 | -26.0% | -31.9% | +19.4% |
| 2019 | +9.0% | +2.8% | +83.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 First Growth Children And Family Charities Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, First Growth Children And Family Charities Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a strong positive for directing funds to programs.
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 First Growth Children And Family Charities Inc's IRS 990 filings:
- Significant and sustained decline in annual revenue from over $3 million to under $400,000.
- Expenses frequently exceeding revenue in recent years (e.g., 2023, 2021), indicating operating deficits.
- Increasing liabilities over the past decade, reaching $241,119 in 2023.
Strengths
The following positive indicators were identified for First Growth Children And Family Charities Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for executive pay.
- Maintained substantial assets ($660,190 in 2023) despite revenue fluctuations.
Frequently Asked Questions about First Growth Children And Family Charities Inc
Is First Growth Children And Family Charities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, First Growth Children And Family Charities Inc (EIN: 201260228) some concerns. Mission Score: 70/100. 3 red flags identified, 2 strengths noted.
How does First Growth Children And Family Charities Inc spend its money?
First Growth Children And Family Charities Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to First Growth Children And Family Charities Inc tax-deductible?
First Growth Children And Family Charities Inc is registered as a tax-exempt nonprofit (EIN: 201260228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of First Growth Children And Family Charities Inc's spending goes to programs?
First Growth Children And Family Charities Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does First Growth Children And Family Charities Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), First Growth Children And Family Charities Inc is above average for NTEE category P114 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is First Growth Children And Family Charities Inc located?
First Growth Children And Family Charities Inc is headquartered in Portland, Oregon and files with the IRS under EIN 201260228. It is classified under NTEE code P114.
How many years of IRS 990 filings does First Growth Children And Family Charities Inc have?
First Growth Children And Family Charities 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 $397K in total revenue.
Why has First Growth Children And Family Charities Inc experienced such a significant decline in revenue since 2014?
The filings show a dramatic decrease in revenue from over $3 million annually between 2014-2017 to under $400,000 in 2022 and 2023. This could be due to changes in funding sources, program scope, or operational strategy.
How is the organization covering its expenses when they consistently exceed revenue, as seen in 2023 ($371,242 expenses vs. $335,052 revenue) and 2022 ($367,685 expenses vs. $406,084 revenue)?
While 2022 showed a surplus, 2023 and 2021 show deficits. Consistent deficits suggest the organization may be drawing down reserves or relying on non-operating income not fully captured in the revenue figures, which could impact long-term sustainability.
What is the nature of the liabilities, which have increased significantly from $34,622 in 2014 to $241,119 in 2023?
The substantial increase in liabilities warrants investigation to understand if they are short-term operational debts, program-related obligations, or other financial commitments that could affect the organization's financial health.
Filing History
IRS 990 filing history for First Growth Children And Family Charities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First Growth Children And Family Charities Inc's revenue has declined by 85.4%, moving from $2.3M to $335K. Total assets increased by 52% over the same period, from $434K to $660K. Total functional expenses fell by 84.7%, from $2.4M to $371K. In its most recent filing year (2023), First Growth Children And Family Charities Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $241K in liabilities against $660K in assets (debt-to-asset ratio: 36.5%), resulting in net assets of $419K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $335K | $371K | $660K | $241K | — | View 990 |
| 2022 | $406K | $368K | $811K | $355K | — | View 990 |
| 2021 | $120K | $278K | $635K | $218K | — | View 990 |
| 2020 | $2.2M | $2.0M | $1.1M | $503K | — | View 990 |
| 2019 | $3.0M | $3.0M | $903K | $495K | — | View 990 |
| 2018 | $2.7M | $2.9M | $494K | $72K | — | View 990 |
| 2017 | $3.3M | $3.2M | $1.0M | $413K | — | View 990 |
| 2016 | $3.1M | $3.1M | $593K | $71K | — | View 990 |
| 2015 | $3.2M | $3.1M | $673K | $67K | — | View 990 |
| 2014 | $3.4M | $3.4M | $529K | $35K | — | View 990 |
| 2013 | $2.9M | $2.8M | $475K | $32K | — | View 990 |
| 2012 | $2.5M | $2.5M | $436K | $30K | — | View 990 |
| 2011 | $2.3M | $2.4M | $434K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $335K, expenses of $371K, and assets of $660K (revenue -17.5% year-over-year).
- 2022: Revenue of $406K, expenses of $368K, and assets of $811K (revenue +239.5% year-over-year).
- 2021: Revenue of $120K, expenses of $278K, and assets of $635K (revenue -94.5% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.0M, and assets of $1.1M (revenue -26.0% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.0M, and assets of $903K (revenue +9.0% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.9M, and assets of $494K (revenue -17.6% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.2M, and assets of $1.0M (revenue +7.5% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.1M, and assets of $593K (revenue -3.9% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.1M, and assets of $673K (revenue -7.1% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.4M, and assets of $529K (revenue +19.8% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $475K (revenue +15.0% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.5M, and assets of $436K (revenue +8.8% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.4M, and assets of $434K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Growth Children And Family Charities Inc:
Data Sources and Methodology
This transparency report for First Growth Children And Family Charities 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.