Fund For Southern Communities Inc
EIN: 581426028 · Decatur, GA · NTEE: T70Z
| Metric | Value |
|---|---|
| Total Revenue | $678K |
| Total Expenses | $1.3M |
| Net Assets | $4.2M |
Is Fund For Southern Communities Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fund For Southern Communities Inc
Fund For Southern Communities Inc (EIN: 581426028) is a nonprofit organization based in Decatur, GA, classified under NTEE code T70Z. The organization reported total revenue of $678K and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fund For Southern Communities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fund For Southern Communities Inc is a small nonprofit that has been operating for 45 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 23.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$9K |
| Total Assets | $4.4M |
| Total Liabilities | $153K |
| Net Assets | $4.2M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 41.5 months |
Financial Health Grade: A
In 2023, Fund For Southern Communities Inc reported a surplus of $9K with revenue exceeding expenses, holds 41.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Fund For Southern Communities Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.9% | -48.6% | +10.3% |
| 2022 | +35.0% | +143.0% | -11.1% |
| 2021 | +274.4% | +259.9% | +62.2% |
| 2020 | -25.6% | -43.6% | +11.3% |
| 2019 | -30.4% | +79.9% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fund For Southern Communities Inc 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 Fund For Southern Communities Inc 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 $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about Fund For Southern Communities Inc
Is Fund For Southern Communities Inc a legitimate charity?
Fund For Southern Communities Inc (EIN: 581426028) is a registered tax-exempt nonprofit based in Georgia. It has 12 years of IRS 990 filings on record. Total revenue: $678K. No red flags identified. Financial health grade: A.
How does Fund For Southern Communities Inc spend its money?
Fund For Southern Communities Inc reported $678K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fund For Southern Communities Inc tax-deductible?
Fund For Southern Communities Inc is registered as a tax-exempt nonprofit (EIN: 581426028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fund For Southern Communities Inc located?
Fund For Southern Communities Inc is headquartered in Decatur, Georgia and files with the IRS under EIN 581426028. It is classified under NTEE code T70Z.
How many years of IRS 990 filings does Fund For Southern Communities Inc have?
Fund For Southern Communities Inc has 12 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 $678K in total revenue.
Filing History
IRS 990 filing history for Fund For Southern Communities Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Fund For Southern Communities Inc's revenue has grown by 950.2%, moving from $121K to $1.3M. Total assets increased by 517% over the same period, from $707K to $4.4M. Total functional expenses rose by 502.8%, from $209K to $1.3M. In its most recent filing year (2023), Fund For Southern Communities Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $153K in liabilities against $4.4M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $4.4M | $153K | — | View 990 |
| 2022 | $2.7M | $2.5M | $4.0M | $37K | — | View 990 |
| 2021 | $2.0M | $1.0M | $4.4M | $272K | — | — |
| 2020 | $534K | $280K | $2.7M | $26K | — | View 990 |
| 2019 | $717K | $497K | $2.5M | $36K | — | View 990 |
| 2018 | $1.0M | $276K | $2.2M | $37K | — | View 990 |
| 2017 | $489K | $276K | $1.5M | $38K | — | View 990 |
| 2016 | $58K | $204K | $1.2M | $9K | — | View 990 |
| 2015 | $839K | $212K | $1.5M | $17K | — | View 990 |
| 2014 | $277K | $193K | $839K | $19K | — | View 990 |
| 2013 | $234K | $184K | $755K | $19K | — | View 990 |
| 2012 | $121K | $209K | $707K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $4.4M (revenue -52.9% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.5M, and assets of $4.0M (revenue +35.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.0M, and assets of $4.4M (revenue +274.4% year-over-year).
- 2020: Revenue of $534K, expenses of $280K, and assets of $2.7M (revenue -25.6% year-over-year).
- 2019: Revenue of $717K, expenses of $497K, and assets of $2.5M (revenue -30.4% year-over-year).
- 2018: Revenue of $1.0M, expenses of $276K, and assets of $2.2M (revenue +110.6% year-over-year).
- 2017: Revenue of $489K, expenses of $276K, and assets of $1.5M (revenue +738.2% year-over-year).
- 2016: Revenue of $58K, expenses of $204K, and assets of $1.2M (revenue -93.0% year-over-year).
- 2015: Revenue of $839K, expenses of $212K, and assets of $1.5M (revenue +202.4% year-over-year).
- 2014: Revenue of $277K, expenses of $193K, and assets of $839K (revenue +18.4% year-over-year).
- 2013: Revenue of $234K, expenses of $184K, and assets of $755K (revenue +93.7% year-over-year).
- 2012: Revenue of $121K, expenses of $209K, and assets of $707K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fund For Southern Communities Inc:
Data Sources and Methodology
This transparency report for Fund For Southern Communities 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.