Fostering Together Gulf Coast
EIN: 843727326 · Mobile, AL · NTEE: P32
| Metric | Value |
|---|---|
| Total Revenue | $267K |
| Total Expenses | $169K |
| Net Assets | $120K |
Is Fostering Together Gulf Coast Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fostering Together Gulf Coast
Fostering Together Gulf Coast (EIN: 843727326) is a nonprofit organization based in Mobile, AL, classified under NTEE code P32. The organization reported total revenue of $267K and total assets of $181K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fostering Together Gulf Coast's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fostering Together Gulf Coast is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 261.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $169K |
| Surplus / Deficit | $-14,582 |
| Total Assets | $121K |
| Total Liabilities | $1K |
| Net Assets | $120K |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 8.6 months |
Financial Health Grade: B
In 2023, Fostering Together Gulf Coast reported a deficit of $15K with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Fostering Together Gulf Coast's revenue has grown at a compound annual growth rate (CAGR) of 261.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | +17.4% | -9.9% |
| 2022 | -8.7% | +32.5% | +24.5% |
| 2021 | +139.8% | +124.1% | +260.3% |
| 2020 | +8499.6% | +17578.5% | +4649.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fostering Together Gulf Coast 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 Fostering Together Gulf Coast 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 deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Fostering Together Gulf Coast
Is Fostering Together Gulf Coast a legitimate charity?
Fostering Together Gulf Coast (EIN: 843727326) is a registered tax-exempt nonprofit based in Alabama. It has 5 years of IRS 990 filings on record. Total revenue: $267K. No red flags identified. Financial health grade: B.
How does Fostering Together Gulf Coast spend its money?
Fostering Together Gulf Coast reported $267K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fostering Together Gulf Coast tax-deductible?
Fostering Together Gulf Coast is registered as a tax-exempt nonprofit (EIN: 843727326). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fostering Together Gulf Coast located?
Fostering Together Gulf Coast is headquartered in Mobile, Alabama and files with the IRS under EIN 843727326. It is classified under NTEE code P32.
How many years of IRS 990 filings does Fostering Together Gulf Coast have?
Fostering Together Gulf Coast has 5 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 $267K in total revenue.
Filing History
IRS 990 filing history for Fostering Together Gulf Coast showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Fostering Together Gulf Coast's revenue has grown by 16967%, moving from $907 to $155K. Total assets increased by 19099.8% over the same period, from $632 to $121K. Total functional expenses rose by 61492.7%, from $275 to $169K. In its most recent filing year (2023), Fostering Together Gulf Coast reported a deficit of $15K, with expenses exceeding revenue. The organization holds $1K in liabilities against $121K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $169K | $121K | $1K | — | View 990 |
| 2022 | $171K | $144K | $135K | $0 | — | View 990 |
| 2021 | $187K | $109K | $108K | $0 | — | View 990 |
| 2020 | $78K | $49K | $30K | $0 | — | — |
| 2019 | $907 | $275 | $632 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $169K, and assets of $121K (revenue -9.4% year-over-year).
- 2022: Revenue of $171K, expenses of $144K, and assets of $135K (revenue -8.7% year-over-year).
- 2021: Revenue of $187K, expenses of $109K, and assets of $108K (revenue +139.8% year-over-year).
- 2020: Revenue of $78K, expenses of $49K, and assets of $30K (revenue +8499.6% year-over-year).
- 2019: Revenue of $907, expenses of $275, and assets of $632.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fostering Together Gulf Coast:
Data Sources and Methodology
This transparency report for Fostering Together Gulf Coast 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.