Seeds Of Faith
EIN: 871616481 · Fort Payne, AL · NTEE: F20
Is Seeds Of Faith Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seeds Of Faith
Seeds Of Faith (EIN: 871616481) is a nonprofit organization based in Fort Payne, AL, classified under NTEE code F20. The organization reported total revenue of $110K and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seeds Of Faith's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seeds Of Faith is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $99K |
| Surplus / Deficit | +$33K |
| Total Assets | $111K |
| Total Liabilities | $342 |
| Net Assets | $110K |
| Operating Margin | 24.9% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2023, Seeds Of Faith reported a surplus of $33K with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Seeds Of Faith's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.4% | +13.8% | +43.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seeds Of Faith 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 Seeds Of Faith 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 $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Seeds Of Faith
Is Seeds Of Faith a legitimate charity?
Based on AI analysis of IRS 990 filings, Seeds Of Faith (EIN: 871616481) insufficient data. 0 red flags identified, 0 strengths noted.
How does Seeds Of Faith spend its money?
Detailed spending breakdown data is not yet available for Seeds Of Faith. Check back for updated IRS 990 analysis.
Are donations to Seeds Of Faith tax-deductible?
Seeds Of Faith is registered as a tax-exempt nonprofit (EIN: 871616481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Seeds Of Faith showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Seeds Of Faith's revenue has declined by 5.4%, moving from $140K to $132K. Total assets increased by 43.7% over the same period, from $77K to $111K. Total functional expenses rose by 13.8%, from $87K to $99K. In its most recent filing year (2023), Seeds Of Faith reported a surplus of $33K, with revenue exceeding expenses. The organization holds $342 in liabilities against $111K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $110K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $132K | $99K | $111K | $342 | — | — |
| 2022 | $140K | $87K | $77K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seeds Of Faith:
Data Sources and Methodology
This transparency report for Seeds Of Faith 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.