Whole Family Community Iniative Incorporated

Whole Family Community Initiative Incorporated shows strong financial growth and zero officer compensation in recent filings.

EIN: 204798593 · Connersville, IN · NTEE: S20 · Updated: 2026-03-28

$501KRevenue
$495KGross Revenue
$432KAssets
90/100Mission Score (Excellent)
S20
Whole Family Community Iniative Incorporated Financial Summary
MetricValue
Total Revenue$501K
Total Expenses$338K
Program Spending85%
Net Assets$310K
Transparency Score90/100

Is Whole Family Community Iniative Incorporated Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

Whole Family Community Iniative Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Whole Family Community Iniative Incorporated

Whole Family Community Iniative Incorporated (EIN: 204798593) is a nonprofit organization based in Connersville, IN, classified under NTEE code S20. The organization reported total revenue of $501K and total assets of $432K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whole Family Community Iniative Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Whole Family Community Iniative Incorporated is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$474K
Total Expenses$338K
Surplus / Deficit+$136K
Total Assets$310K
Net Assets$310K
Operating Margin28.7%
Months of Reserves11.0 months

Financial Health Grade: A

In 2023, Whole Family Community Iniative Incorporated reported a surplus of $136K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position).

Financial Trends

Over 12 years of filings (2011–2023), Whole Family Community Iniative Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+253.2%+74.5%+70.8%
2022-34.9%+12.5%-25.6%
2021-10.3%+22.2%+10.7%
2020+98.0%-11.3%+73.5%
2019-3.9%+48.9%-25.5%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Whole Family Community Initiative Incorporated demonstrates a generally healthy financial position, particularly in its most recent filing period. In 2023, the organization reported revenue of $473,591 against expenses of $337,723, indicating a significant surplus that contributed to asset growth. This marks a substantial increase in financial activity compared to previous years, where revenue often hovered around $100,000-$200,000. The organization consistently reports zero liabilities in recent years, suggesting strong financial management and a lack of debt, which is a positive indicator of stability. Spending efficiency appears strong, with a notable surplus in the latest period. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests that the organization is effectively managing its resources. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust. Overall, the organization exhibits good financial health and transparency, especially given its consistent growth in revenue and assets, coupled with minimal liabilities and no reported officer compensation. The significant increase in revenue in 2023 suggests successful fundraising or grant acquisition, allowing for expanded program delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Whole Family Community Iniative Incorporated with a Mission Score of 90 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, Whole Family Community Iniative Incorporated 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$474KTotal Revenue
$338KTotal Expenses
$310KTotal Assets
$310KNet Assets
  • The organization reported a surplus of $136K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization. This suggests a volunteer-led or very lean administrative structure, directing all funds towards the organization's 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.

Strengths

The following positive indicators were identified for Whole Family Community Iniative Incorporated:

  • Significant revenue growth in 2023 ($473,591 from $134,084 in 2022).
  • Consistent reporting of 0% officer compensation across all filings.
  • Minimal to zero liabilities reported in recent years, indicating strong financial health.
  • Positive net income in most recent filing ($473,591 revenue vs. $337,723 expenses in 2023).
  • Growing asset base, reaching $309,760 in 2023.

Frequently Asked Questions about Whole Family Community Iniative Incorporated

Is Whole Family Community Iniative Incorporated a legitimate charity?

Whole Family Community Iniative Incorporated (EIN: 204798593) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $501K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Whole Family Community Iniative Incorporated spend its money?

Whole Family Community Iniative Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Whole Family Community Iniative Incorporated tax-deductible?

Whole Family Community Iniative Incorporated is registered as a tax-exempt nonprofit (EIN: 204798593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Whole Family Community Iniative Incorporated's spending goes to programs?

Whole Family Community Iniative Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Whole Family Community Iniative Incorporated compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Whole Family Community Iniative Incorporated is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Whole Family Community Iniative Incorporated located?

Whole Family Community Iniative Incorporated is headquartered in Connersville, Indiana and files with the IRS under EIN 204798593. It is classified under NTEE code S20.

How many years of IRS 990 filings does Whole Family Community Iniative Incorporated have?

Whole Family Community Iniative Incorporated 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 $501K in total revenue.

Is Whole Family Community Initiative Incorporated a good charity?

Based on the provided financial data, Whole Family Community Initiative Incorporated appears to be a good charity. It demonstrates strong financial health, consistent growth in revenue and assets, and a notable commitment to directing funds towards its mission by reporting 0% officer compensation.

How has the organization's revenue trended over time?

The organization's revenue has shown significant growth, particularly in the most recent period. After fluctuating between approximately $28,000 and $229,000 in earlier years, revenue jumped to $473,591 in 2023, indicating substantial expansion.

What is the organization's liability situation?

Whole Family Community Initiative Incorporated has an excellent liability situation, reporting $0 in liabilities in its 2023 and 2022 filings, and only minimal liabilities in prior years. This indicates strong financial management and a lack of debt.

Filing History

IRS 990 filing history for Whole Family Community Iniative Incorporated showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Whole Family Community Iniative Incorporated's revenue has grown by 591.5%, moving from $68K to $474K. Total assets increased by 385.9% over the same period, from $64K to $310K. Total functional expenses rose by 895.6%, from $34K to $338K. In its most recent filing year (2023), Whole Family Community Iniative Incorporated reported a surplus of $136K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $474K $338K $310K $0 View 990
2022 $134K $194K $181K $500 View 990
2021 $206K $172K $244K $500 View 990
2020 $230K $141K $220K $5K View 990
2019 $116K $159K $127K $500 View 990
2018 $121K $107K $170K $1K View 990
2017 $68K $62K $156K $500 View 990
2016 $114K $92K $150K $500 View 990
2015 $128K $69K $128K $500 View 990
2013 $29K $30K $59K $2K View 990
2012 $21K $20K $62K $3K View 990
2011 $68K $34K $64K $6K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $474K, expenses of $338K, and assets of $310K (revenue +253.2% year-over-year).
  • 2022: Revenue of $134K, expenses of $194K, and assets of $181K (revenue -34.9% year-over-year).
  • 2021: Revenue of $206K, expenses of $172K, and assets of $244K (revenue -10.3% year-over-year).
  • 2020: Revenue of $230K, expenses of $141K, and assets of $220K (revenue +98.0% year-over-year).
  • 2019: Revenue of $116K, expenses of $159K, and assets of $127K (revenue -3.9% year-over-year).
  • 2018: Revenue of $121K, expenses of $107K, and assets of $170K (revenue +77.3% year-over-year).
  • 2017: Revenue of $68K, expenses of $62K, and assets of $156K (revenue -40.3% year-over-year).
  • 2016: Revenue of $114K, expenses of $92K, and assets of $150K (revenue -10.6% year-over-year).
  • 2015: Revenue of $128K, expenses of $69K, and assets of $128K (revenue +346.8% year-over-year).
  • 2013: Revenue of $29K, expenses of $30K, and assets of $59K (revenue +36.8% year-over-year).
  • 2012: Revenue of $21K, expenses of $20K, and assets of $62K (revenue -69.5% year-over-year).
  • 2011: Revenue of $68K, expenses of $34K, and assets of $64K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Whole Family Community Iniative Incorporated:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Whole Family Community Iniative Incorporated 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.

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