FB Foundation
Nonprofit profile at a glance
- EIN
- 203997779
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- North Charleston, SC, USA
- Phone
- 8437642622
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $26,911
- Expenses
- $45,616
- Assets
- $10,583
- Liabilities
- $162,201
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Tia Brewer-Footman (Executive Director)
People named in this filing
- Joy Givens (Chairperson)
- Patricia Frazier (Treasurer)
- Arnelle Footman (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As a statewide faith based non-profit, Community FaithWorks helps build capacity of faith leaders & their members so in turn theyre equipped (through alliances & partnerships) to develop, serve and build a healthier community and thriving neighborhood
What it reported doing in 2024
See Schedule O
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 100
- Sustainability: 11
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.3%; rating input score 68
- Program expense ratio: 40.3%; rating input score 40
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -69.5%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 15.33; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 26.6%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -14.7% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -13.6% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 68.3% of revenue deployed · 40.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $18K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Program expense ratio scored 40/100.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 6/100.