Inter-Faith Development Corporation

Wichita, KSUnknown exempt organizationEIN 48-1247998

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To provide affordable permanent housing for low and moderate income persons and act as a supporting organization for humankind ministries wichita, INC (fka-Inter-Faith ministries - wichita, INC.)

100¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2020
latest Form 990
Concern: the latest return is for FY2020, 6 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$242K
Spent
$509K
To programs
100%
Net assets
$0

From the FY2020 Form 990 (year ending June 2020) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $509K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Inter-Faith Development Corporation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides affordable permanent housing for low and moderate-income individuals.

Provided by the organization

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2 program services account for $509K of program spending, described in the organization's own filed words · FY2019.
01

Development and management of affordable permanent housing for low and moderate income families

$509Kprogram expense
02

The organization was formed to support, benefit and carry out the purposes of humankind ministries wichita, inc (fka-inter-faith ministries wichita, inc), the contribution accomplishes the organization's purpose

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$242K
Ln 12
Fees for servicesLn 2g$238K
Investment incomeLn 3$3K
Money outPt IX
$509K
Ln 25
Programscol B$509K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$238K
Investment incomeLn 3$3K
Total revenueLn 12$242K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$124K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$881K$0
Total assetsLn 16$1.2M$0
LiabilitiesLn 26$332K$0
Net assetsLn 32$902K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$23$23
Management feesLn 11a$314K$314K
Legal feesLn 11b$875$875
Other fees for servicesLn 11g$7K$7K
Advertising and promotionLn 12$575$575
Office expensesLn 13$6K$6K
OccupancyLn 16$106K$106K
InterestLn 20$16K$16K
Depreciation, depletion and amortizationLn 22$35K$35K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$923$923
Total functional expensesLn 25$509K$509K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest Viewing $242K$509K−$268K$0 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $241,524 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $238,166$238,166
VIII-3 Investment incomeExcluded from tax $3,358$3,358
VIII-12 Total revenueRelated to mission $238,166 · Unrelated business $0 · Excluded from tax $3,358$241,524
Part IX · Statement of functional expenses $509,271 across 11 lines filed
IX-7 Other salaries and wagesPrograms $23$23
IX-11a Management feesPrograms $313,996$313,996
IX-11b Legal feesPrograms $875$875
IX-11g Other fees for servicesPrograms $7,325$7,325
IX-12 Advertising and promotionPrograms $575$575
IX-13 Office expensesPrograms $6,199$6,199
IX-16 OccupancyPrograms $106,215$106,215
IX-20 InterestPrograms $15,655$15,655
IX-22 Depreciation, depletion and amortizationPrograms $34,752$34,752
IX-23 InsurancePrograms $22,733$22,733
IX-24 Other expenses (24a–d)Programs $923$923
IX-25 Total functional expensesPrograms $509,271 · Management $0 · Fundraising $0$509,271
Part X · Balance sheet $0 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $41,862$0
X-2 Savings and temporary cash investmentsStart of year $81,808$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $15,294$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $20,650$0
X-10c Land, buildings and equipment, netStart of year $880,998$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $193,800$0
X-16 Total assetsStart of year $1,234,412$0
X-25 Other liabilitiesStart of year $15,251$0
X-26 Total liabilitiesStart of year $332,260$0
X-27 Net assets without donor restrictionsStart of year $902,152$0
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $902,152$0
X-33 Total liabilities and net assetsStart of year $1,234,412$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$241,524
XI-2 Total expenses$509,271
XI-3 Revenue less expenses−$267,747
XI-4 Net assets at start of year$902,152
XI-9 Other changes in net assets−$634,405
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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