Minimal liabilities reported across most years, suggesting a healthy balance sheet in terms of debt.
Latest filing (202406) shows a strong positive net income ($44,264 revenue vs. $11,978 expenses).
Spending Breakdown
How 153 Fishes Charitable Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about 153 Fishes Charitable Foundation
Is 153 Fishes Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, 153 Fishes Charitable Foundation (EIN: 203859996) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is 153 Fishes Charitable Foundation a good charity to donate to?
153 Fishes Charitable Foundation has a Mission Score of 65/100. Revenue: $20K. Assets: $165K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for 153 Fishes Charitable Foundation?
The Employer Identification Number (EIN) for 153 Fishes Charitable Foundation is 203859996. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does 153 Fishes Charitable Foundation spend its money?
153 Fishes Charitable Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify 153 Fishes Charitable Foundation's tax-exempt status?
You can verify 153 Fishes Charitable Foundation's tax-exempt status using EIN 203859996 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
153 Fishes Charitable Foundation demonstrates a mixed financial picture. While the organization consistently reports zero officer compensation, indicating good stewardship in that area, its revenue has been highly volatile, including a significant negative revenue of $-24,589 in 2021. Expenses have also fluctuated considerably, making it difficult to assess consistent operational efficiency. The organization's assets have generally declined over the past decade, from $209,809 in 2011 to $165,088 currently, suggesting a gradual reduction in its financial base. The latest filing shows a positive net income with revenue of $44,264 against expenses of $11,978, which is a positive sign, but this follows a period where expenses ($21,515) significantly outstripped revenue ($3,574) in 2023. The consistent reporting of minimal liabilities ($1) across most years suggests a healthy balance sheet in terms of debt.
Given the provided data, a detailed breakdown of program, administrative, and fundraising expenses is not available, which limits a precise assessment of spending efficiency. However, the absence of officer compensation is a strong indicator of transparency regarding executive pay. The wide swings in revenue and expenses, coupled with a declining asset base over the long term, suggest potential challenges in sustainable funding and consistent program delivery. The organization's ability to manage these fluctuations and maintain its mission with a relatively small revenue base is a key factor in its overall financial health.
Overall, 153 Fishes Charitable Foundation appears to be a small, volunteer-driven organization given the zero officer compensation. Its financial health is characterized by significant year-to-year variability in income and expenses, and a long-term trend of decreasing assets. While the latest year shows a strong positive net income, the historical volatility warrants careful consideration for potential donors or stakeholders looking for consistent financial performance.