Faith Formula Human Services
Legal name: Friendship West Faith Formula
Nonprofit profile at a glance
- EIN
- 204559690
- IRS 990 coverage
- 2019–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Dallas, TX, USA
- Phone
- 972-228-5224
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $708,236
- Expenses
- $620,200
- Assets
- $96,778
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- DR FREDERICK D HAYNES III (President)
Highest reported compensation
- FLORA GRAY-WEBB (HUM DEV COOR): $65,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Faith Formula Human Services is a non-profit organization whose mission is to provide services to those who are in need while assessing their social and human necessities for empowerment toward self improvement and transformation of their current condition. Chapters Picture At Faith Formula, we love families. We love mothers, and we want to help mothers be successful at providing the very best first food for your precious baby. Most mothers know that breast milk is the very best food for their baby. Breast milk is created for my or the specific needs of her baby. Although most mothers know that breast milk is best, some mothers have barriers and challenges that make it more difficult to give their baby breast milk. Over 60 percent of African American mothers breastfeed in the hospital right after delivering their baby. But, by the time the baby is 2 weeks old, a lot of babies stop...
What it reported doing in 2024
To aid in alleviating immediate hunger in food-insecure households. We have a food pantry for this population to shop at no cost. Snacks are provided to some schools to support students over the weekend when school is out.Clothing: We provide quality and choice-based clothing. The shopping experience is with dignity. Clothing eliminates the attire barrier with interviewing for a job or attending school. We pay utilities, and rent or mortgage assistance to prevent immediate crises (like homelessness or health hazards) and restore dignity to families in financial distress.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 86% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.9%; rating input score 84
- Program expense ratio: 95.8%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.4%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 10.5%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 24.1% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 22.5% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 7.9% per year; rating input score 100; 51st percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 83.9% of revenue deployed · 95.8% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $594K in reported program spending
- Leadership: top reported pay $65K · 8 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.