Quick charity verification for Bfrc Associate Assistance Fund Inc (EIN: 161657319)
Verdict: Bfrc Associate Assistance Fund Inc appears trustworthy
90/100Mission Score
$2.8MRevenue
$3.6MAssets
2Red Flags
4Strengths
Red Flags
Significant decline in revenue from $1,210,520 in 2019 to $334,765 in 2023, which could impact future program delivery.
Expenses ($392,712) exceeded revenue ($334,765) in 2023, leading to a deficit for that period.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of leadership.
Maintains zero liabilities across all 13 reported filings, demonstrating exceptional financial stability and management.
Stable asset base, consistently around $3.5 million, providing a strong financial foundation.
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Spending Breakdown
How Bfrc Associate Assistance Fund Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Bfrc Associate Assistance Fund Inc
Is Bfrc Associate Assistance Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bfrc Associate Assistance Fund Inc (EIN: 161657319) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Bfrc Associate Assistance Fund Inc a good charity to donate to?
Bfrc Associate Assistance Fund Inc has a Mission Score of 90/100. Revenue: $2.8M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bfrc Associate Assistance Fund Inc?
The Employer Identification Number (EIN) for Bfrc Associate Assistance Fund Inc is 161657319. 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 Bfrc Associate Assistance Fund Inc spend its money?
Bfrc Associate Assistance Fund Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bfrc Associate Assistance Fund Inc's tax-exempt status?
You can verify Bfrc Associate Assistance Fund Inc's tax-exempt status using EIN 161657319 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
Bfrc Associate Assistance Fund Inc demonstrates a consistent financial position with stable assets over the past decade, hovering around $3.5 million. The organization's revenue has fluctuated significantly, peaking at $1,210,520 in 2019 and declining to $334,765 in 2023. Despite these fluctuations, the organization has maintained zero liabilities across all reported periods, indicating strong financial management and a lack of debt. The absence of officer compensation reported in all filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency.
Spending efficiency appears to be strong, particularly given the zero officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense levels are generally lower than or comparable to revenue in most years, preventing significant deficits. For instance, in 2023, expenses ($392,712) slightly exceeded revenue ($334,765), but this appears to be an anomaly in recent years. The consistent asset base further supports a stable financial foundation.
Transparency is high regarding executive compensation, as zero officer compensation is consistently reported. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and public disclosure. The lack of liabilities is a significant positive transparency and financial health indicator, showing no hidden debts or financial burdens.