F A F O Inc is a 501(c)(3) organization based in Ocala, Florida, registered in 1983, with $222,622 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$223K
▼ 12.2% vs prior year
Expenses (FY2024)
$232K
Net assets
$713K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for F A F O Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For F A F O Inc: 37 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for F A F O Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For F A F O Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $237K (FY2013) to $223K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-4.1%
Spent more than it raised in the latest fiscal year.
Total assets
$714K
Total liabilities
$109
Net assets
$713K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $222,622▼12.2% | $231,670▲25.6% | $713,442▼1.3% | $713,551▼1.4% | 990 |
| 2023 | $253,458▲69.4% | $184,448▼0.2% | $722,490▲10.6% | $723,969▲10.5% | 990 |
| 2022 | $149,597▼31.9% | $184,885▼4.6% | $653,480▼5.8% | $654,929▼5.6% | 990 |
| 2021 | $219,605▲977% | $193,713▲123% | $693,642▲3.9% | $693,642▲3.9% | 990 |
| 2020 | $20,388▼93.5% | $86,962▼59.1% | $667,750▼10.5% | $667,750▼10.5% | 990 |
| 2019 | $313,603▲45.7% | $212,489▼25.3% | $745,967▲15.7% | $745,967▲15.7% | 990 |
| 2018 | $215,253▼8.2% | $284,486▲53.1% | $644,853▼13.1% | $644,853▼13.2% | 990 |
| 2017 | $234,571▼6.2% | $185,822▼4.4% | $742,209▲7.0% | $742,576▲7.1% | 990 |
| 2016 | $249,943▲31.2% | $194,393▲10.2% | $693,460▲8.7% | $693,472▲8.7% | 990 |
| 2015 | $190,480▼17.7% | $176,323▼4.1% | $637,910▼4.6% | $637,915▼4.7% | 990 |
| 2014 | $231,310▼2.4% | $183,942▲0.1% | $668,803▲5.5% | $669,374▲5.5% | 990 |
| 2013 | $237,090 | $183,686▲7.3% | $633,678▲4.6% | $634,273▲4.7% | 990 |
| 2012 | — | $171,212 | $605,703 | $605,703 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for F A F O Inc (EIN 59-1531258) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.