Wings Of Faith Foundation Inc
EIN: 462115048 · Owens Cross Rds, AL
| Metric | Value |
|---|---|
| Total Expenses | $45K |
| Net Assets | $34K |
Is Wings Of Faith Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wings Of Faith Foundation Inc
Wings Of Faith Foundation Inc (EIN: 462115048) is a nonprofit organization based in Owens Cross Rds, AL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wings Of Faith Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wings Of Faith Foundation Inc is a micro nonprofit, with 2 years of IRS 990 filings on record (2014–2015). Revenue has grown at a compound annual rate of 122.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $45K |
| Surplus / Deficit | +$22K |
| Total Assets | $34K |
| Total Liabilities | $1 |
| Net Assets | $34K |
| Operating Margin | 32.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2015, Wings Of Faith Foundation Inc reported a surplus of $22K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2014–2015), Wings Of Faith Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 122.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +122.1% | +152.5% | +178.1% |
AI Analysis Pending
AI enrichment for Wings Of Faith Foundation 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 Wings Of Faith Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Wings Of Faith Foundation Inc
Is Wings Of Faith Foundation Inc a legitimate charity?
Wings Of Faith Foundation Inc (EIN: 462115048) is a registered tax-exempt nonprofit based in Alabama. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Wings Of Faith Foundation Inc spend its money?
Wings Of Faith Foundation Inc reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wings Of Faith Foundation Inc tax-deductible?
Wings Of Faith Foundation Inc is registered as a tax-exempt nonprofit (EIN: 462115048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wings Of Faith Foundation Inc located?
Wings Of Faith Foundation Inc is headquartered in Owens Cross Rds, Alabama and files with the IRS under EIN 462115048.
How many years of IRS 990 filings does Wings Of Faith Foundation Inc have?
Wings Of Faith Foundation Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Wings Of Faith Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2015), Wings Of Faith Foundation Inc's revenue has grown by 122.1%, moving from $30K to $67K. Total assets increased by 178.1% over the same period, from $12K to $34K. Total functional expenses rose by 152.5%, from $18K to $45K. In its most recent filing year (2015), Wings Of Faith Foundation Inc reported a surplus of $22K, with revenue exceeding expenses. The organization holds $1 in liabilities against $34K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $67K | $45K | $34K | $1 | — | View 990 |
| 2014 | $30K | $18K | $12K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wings Of Faith Foundation Inc:
Data Sources and Methodology
This transparency report for Wings Of Faith Foundation 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.