Interfaith Council For Action Inc

Is Interfaith Council For Action Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Interfaith Council For Action Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Interfaith Council For Action Inc

Interfaith Council For Action Inc (EIN: 136265613) is a nonprofit organization based in Ossining, NY, classified under NTEE code L21. The organization reported total revenue of $2.6M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Interfaith Council For Action Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Interfaith Council For Action Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Interfaith Council For Action Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This suggests a highly volunteer-driven leadership or that executive roles are compensated through other means not categorized as officer compensation, which is a strong positive for directing resources to the mission.

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 Interfaith Council For Action Inc's IRS 990 filings:

• Operating deficit in the latest fiscal period (202312), with expenses exceeding revenue by $67,030.

Strengths

The following positive indicators were identified for Interfaith Council For Action Inc:

• Consistent asset growth over the past decade, from $3,874,521 in 201412 to $9,384,749 in 202312.
• Zero reported officer compensation across all 13 filings, indicating strong resource allocation to mission.
• Generally stable financial operations with several years of revenue exceeding expenses.
• Strong balance sheet with growing assets and manageable liabilities.

Frequently Asked Questions about Interfaith Council For Action Inc

Filing History

IRS 990 filing history for Interfaith Council For Action Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Interfaith Council For Action Inc's revenue has grown by 75.4%, moving from $1.5M to $2.6M. Total assets increased by 197.6% over the same period, from $3.2M to $9.4M. Total functional expenses rose by 76%, from $1.5M to $2.7M. In its most recent filing year (2023), Interfaith Council For Action Inc reported a deficit of $67K, with expenses exceeding revenue. The organization holds $4.1M in liabilities against $9.4M in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $5.3M.

Year-by-Year Financial Summary

• 2023: Revenue of $2.6M, expenses of $2.7M, and assets of $9.4M (revenue -0.7% year-over-year).
• 2022: Revenue of $2.6M, expenses of $2.5M, and assets of $9.4M (revenue -19.1% year-over-year).
• 2021: Revenue of $3.3M, expenses of $2.3M, and assets of $9.3M (revenue -13.0% year-over-year).
• 2020: Revenue of $3.8M, expenses of $2.4M, and assets of $8.2M (revenue -2.1% year-over-year).
• 2019: Revenue of $3.8M, expenses of $2.6M, and assets of $7.2M (revenue +71.7% year-over-year).
• 2018: Revenue of $2.2M, expenses of $2.4M, and assets of $5.3M (revenue -6.9% year-over-year).
• 2017: Revenue of $2.4M, expenses of $2.1M, and assets of $5.7M (revenue +16.1% year-over-year).
• 2016: Revenue of $2.1M, expenses of $2.2M, and assets of $4.7M (revenue +10.1% year-over-year).
• 2015: Revenue of $1.9M, expenses of $2.1M, and assets of $3.9M (revenue -8.3% year-over-year).
• 2014: Revenue of $2.1M, expenses of $2.2M, and assets of $3.9M (revenue +4.2% year-over-year).
• 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $3.6M (revenue +9.6% year-over-year).
• 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $2.9M (revenue +19.7% year-over-year).
• 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $3.2M.

Data Sources and Methodology

This transparency report for Interfaith Council For Action 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.