Foundation For Prayerful Living
EIN: 812725636 · Goodyear, AZ · NTEE: X80
| Metric | Value |
|---|---|
| Total Revenue | $40K |
| Total Expenses | $56K |
| Net Assets | $2K |
Is Foundation For Prayerful Living Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundation For Prayerful Living
Foundation For Prayerful Living (EIN: 812725636) is a nonprofit organization based in Goodyear, AZ, classified under NTEE code X80. The organization reported total revenue of $40K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Prayerful Living's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Prayerful Living is a micro nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 26.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $56K |
| Surplus / Deficit | +$267 |
| Total Assets | $2K |
| Total Liabilities | $351 |
| Net Assets | $2K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2023, Foundation For Prayerful Living reported a surplus of $267 with revenue exceeding expenses, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Foundation For Prayerful Living's revenue has grown at a compound annual growth rate (CAGR) of 26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | -4.2% | +34.4% |
| 2022 | -2.7% | -3.1% | -69.0% |
| 2021 | -28.7% | -25.0% | -10.6% |
| 2020 | +89.6% | +7.6% | -27.7% |
| 2019 | -54.8% | +39.8% | +115.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2370 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Prayerful Living 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 Foundation For Prayerful Living 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 $267, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Frequently Asked Questions about Foundation For Prayerful Living
Is Foundation For Prayerful Living a legitimate charity?
Foundation For Prayerful Living (EIN: 812725636) is a registered tax-exempt nonprofit based in Arizona. It has 8 years of IRS 990 filings on record. Total revenue: $40K. No red flags identified. Financial health grade: A.
How does Foundation For Prayerful Living spend its money?
Foundation For Prayerful Living reported $40K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Foundation For Prayerful Living tax-deductible?
Foundation For Prayerful Living is registered as a tax-exempt nonprofit (EIN: 812725636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Prayerful Living located?
Foundation For Prayerful Living is headquartered in Goodyear, Arizona and files with the IRS under EIN 812725636. It is classified under NTEE code X80.
How many years of IRS 990 filings does Foundation For Prayerful Living have?
Foundation For Prayerful Living has 8 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 $40K in total revenue.
Filing History
IRS 990 filing history for Foundation For Prayerful Living showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Foundation For Prayerful Living's revenue has grown by 427.9%, moving from $11K to $57K. Total assets decreased by 71.8% over the same period, from $9K to $2K. Total functional expenses rose by 2500%, from $2K to $56K. In its most recent filing year (2023), Foundation For Prayerful Living reported a surplus of $267, with revenue exceeding expenses. The organization holds $351 in liabilities against $2K in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $56K | $2K | $351 | — | — |
| 2022 | $58K | $59K | $2K | $0 | — | View 990 |
| 2021 | $60K | $61K | $6K | $0 | — | View 990 |
| 2020 | $84K | $81K | $6K | $0 | — | — |
| 2019 | $44K | $75K | $9K | $0 | — | View 990 |
| 2018 | $98K | $54K | $4K | $0 | — | View 990 |
| 2017 | $47K | $46K | $7K | $0 | — | View 990 |
| 2016 | $11K | $2K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $56K, and assets of $2K (revenue -2.5% year-over-year).
- 2022: Revenue of $58K, expenses of $59K, and assets of $2K (revenue -2.7% year-over-year).
- 2021: Revenue of $60K, expenses of $61K, and assets of $6K (revenue -28.7% year-over-year).
- 2020: Revenue of $84K, expenses of $81K, and assets of $6K (revenue +89.6% year-over-year).
- 2019: Revenue of $44K, expenses of $75K, and assets of $9K (revenue -54.8% year-over-year).
- 2018: Revenue of $98K, expenses of $54K, and assets of $4K (revenue +105.7% year-over-year).
- 2017: Revenue of $47K, expenses of $46K, and assets of $7K (revenue +342.8% year-over-year).
- 2016: Revenue of $11K, expenses of $2K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Prayerful Living:
Data Sources and Methodology
This transparency report for Foundation For Prayerful Living 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.