Phelps County Faith Distribution Inc
Phelps County Faith Distribution Inc shows strong asset growth and no executive compensation, with fluctuating expenses.
EIN: 203670494 · Rolla, MO · NTEE: K31 · Updated: 2026-03-28
Is Phelps County Faith Distribution Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Phelps County Faith Distribution Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Phelps County Faith Distribution Inc
Phelps County Faith Distribution Inc (EIN: 203670494) is a nonprofit organization based in Rolla, MO, classified under NTEE code K31. The organization reported total revenue of $182K and total assets of $725K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phelps County Faith Distribution 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 Phelps County Faith Distribution Inc with a Mission Score of 88 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, Phelps County Faith Distribution 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
Phelps County Faith Distribution Inc reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues around $180,000.
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 Phelps County Faith Distribution Inc's IRS 990 filings:
- Significant unexplained asset increase between 2022 and 2023 without a corresponding revenue spike, warranting further inquiry.
- Wide fluctuations in annual expenses without clear explanation in summary data, suggesting potential inconsistency in operations or reporting.
Strengths
The following positive indicators were identified for Phelps County Faith Distribution Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and volunteer leadership.
- Strong and growing asset base, increasing from $33,895 in 2022 to $681,489 in 2023, suggesting financial stability.
- Consistent revenue generation over the past four years, averaging approximately $180,000 annually.
- Regular filing of IRS Form 990, demonstrating transparency.
Frequently Asked Questions about Phelps County Faith Distribution Inc
Is Phelps County Faith Distribution Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Phelps County Faith Distribution Inc (EIN: 203670494) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Phelps County Faith Distribution Inc spend its money?
Phelps County Faith Distribution Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Phelps County Faith Distribution Inc tax-deductible?
Phelps County Faith Distribution Inc is registered as a tax-exempt nonprofit (EIN: 203670494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Phelps County Faith Distribution Inc a good charity?
Based on the available data, Phelps County Faith Distribution Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating efficient use of funds, and has shown significant asset growth. Its NTEE code K31 (Food Banks & Pantries) suggests a direct service mission, and the financial data supports a focus on program delivery, though specific program spending details would provide more clarity.
Why did Phelps County Faith Distribution Inc's assets increase so dramatically from $33,895 in 2022 to $681,489 in 2023?
The IRS 990 data alone does not specify the reason for this substantial asset increase. It could be due to a large capital donation, a significant investment, or the acquisition of property. Further investigation into their full financial statements would be needed to understand this change.
What caused the significant fluctuation in expenses, from $34,110 in 2020 to $115,845 in 2022, then down to $86,179 in 2023?
The IRS 990 summary data does not detail the specific causes of expense fluctuations. These changes could be attributed to varying program activities, one-time operational costs, or changes in the scale of their services. A deeper dive into their detailed expense schedules would be necessary to understand these variations.
Filing History
IRS 990 filing history for Phelps County Faith Distribution Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Phelps County Faith Distribution Inc's revenue has declined by 27.8%, moving from $233K to $168K. Total assets increased by 111.5% over the same period, from $322K to $681K. Total functional expenses rose by 152.7%, from $34K to $86K. In its most recent filing year (2023), Phelps County Faith Distribution Inc reported a surplus of $82K, with revenue exceeding expenses. The organization holds $12K in liabilities against $681K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $669K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $86K | $681K | $12K | — | — |
| 2022 | $150K | $116K | $34K | $0 | — | View 990 |
| 2021 | $170K | $39K | $132K | $0 | — | View 990 |
| 2020 | $233K | $34K | $322K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $86K, and assets of $681K (revenue +12.2% year-over-year).
- 2022: Revenue of $150K, expenses of $116K, and assets of $34K (revenue -12.2% year-over-year).
- 2021: Revenue of $170K, expenses of $39K, and assets of $132K (revenue -26.7% year-over-year).
- 2020: Revenue of $233K, expenses of $34K, and assets of $322K.
Data Sources and Methodology
This transparency report for Phelps County Faith Distribution 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.