Is Atlanta Police Foundation Inc Legit? —…

Quick charity verification for Atlanta Police Foundation Inc (EIN: 113655936)

Red Flags

Consistent deficit spending: Expenses significantly exceed revenue in multiple recent years (e.g., 2023 expenses $13.79M vs. revenue $3.63M).
Rapidly increasing liabilities: Liabilities grew from $32.99M in 2022 to $66.98M in 2023, indicating potential financial strain or significant debt.
Lack of detailed spending breakdown: Without specific program, administrative, and fundraising expense figures, efficiency cannot be fully assessed.

Strengths

Strong asset base: Latest reported assets of $125,303,339 provide a substantial financial foundation.
No reported officer compensation: Consistent 0% officer compensation across all filings indicates good transparency regarding executive pay.
History of significant revenue generation: The organization has demonstrated an ability to raise substantial funds in certain years (e.g., $12.1M in 2021, $10.8M in 2019).

Spending Breakdown

How Atlanta Police Foundation Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

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 Atlanta Police Foundation Inc

Is Atlanta Police Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Atlanta Police Foundation Inc (EIN: 113655936) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Atlanta Police Foundation Inc a good charity to donate to?

Atlanta Police Foundation Inc has a Mission Score of 65/100. Revenue: $4.3M. Assets: $125.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Atlanta Police Foundation Inc?

The Employer Identification Number (EIN) for Atlanta Police Foundation Inc is 113655936. 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 Atlanta Police Foundation Inc spend its money?

Atlanta Police Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Atlanta Police Foundation Inc's tax-exempt status?

You can verify Atlanta Police Foundation Inc's tax-exempt status using EIN 113655936 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

The Atlanta Police Foundation Inc. exhibits fluctuating financial health, with recent years showing expenses significantly exceeding revenue. For instance, in 2023, expenses were $13,791,808 against revenues of $3,627,250, and in 2022, expenses were $14,077,548 against revenues of $2,332,074. This trend suggests reliance on prior year reserves or significant liabilities to fund operations, as evidenced by liabilities reaching $66,979,288 in 2023. While the organization has substantial assets ($125,303,339 latest reported), the consistent deficit spending in recent periods raises questions about long-term sustainability if not addressed by increased fundraising or reduced expenditures.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the large disparity between revenue and expenses in recent years indicates that the organization is spending considerably more than it brings in annually. The consistent reporting of 0% officer compensation across all filings suggests good transparency regarding executive pay, as it implies either no paid officers or that compensation is covered by other entities, which would warrant further investigation for complete clarity. The significant increase in assets from $54,968,857 in 2023 to $125,303,339 in the latest report, alongside a substantial increase in liabilities, points to significant capital projects or investments.

Is Atlanta Police Foundation Inc Legit?

Verdict: Atlanta Police Foundation Inc shows mixed signals