Is Allison Fifield Memorial Foundation Legit?

Quick charity verification for Allison Fifield Memorial Foundation (EIN: 208099136)

Verdict: Allison Fifield Memorial Foundation appears trustworthy

92/100Mission Score
$171KRevenue
$255KAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

The Allison Fifield Memorial Foundation demonstrates a consistent commitment to its mission, as evidenced by its stable asset base and zero reported officer compensation across all available filings. While the organization's revenue has fluctuated significantly, from a low of $3,420 in 2020 to a high of $81,509 in 2014, its assets have shown a general upward trend, growing from $50,422 in 2012 to $237,461 in 2023. This indicates prudent financial management and an ability to build reserves despite varying income streams. The foundation's transparency is excellent, with no reported liabilities and consistent zero executive compensation, suggesting that resources are directed towards programmatic activities rather than administrative overhead or individual enrichment. The organization's spending efficiency appears to be strong, particularly given the absence of officer compensation. While specific program spending percentages are not detailed in the provided data, the lack of executive salaries implies a high proportion of expenses are likely dedicated to its charitable purpose. The foundation has managed its expenses effectively, with annual expenses generally ranging between $9,905 and $30,740, even during periods of lower revenue. This disciplined approach to spending, coupled with a growing asset base, suggests a financially healthy and sustainable operation. Overall, the Allison Fifield Memorial Foundation appears to be a well-managed and transparent organization. Its consistent financial reporting, lack of executive compensation, and growth in assets over time point to a responsible steward of donor funds. The fluctuations in revenue are a common characteristic of smaller nonprofits, but the foundation's ability to maintain and grow its assets demonstrates resilience and sound financial stewardship.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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