Is Bill And Faye Stallings Family Foundation Legit?
Quick charity verification for Bill And Faye Stallings Family Foundation (EIN: 208383433)
Verdict: Bill And Faye Stallings Family Foundation appears trustworthy
75/100Mission Score
$83KRevenue
$94KAssets
3Red Flags
3Strengths
Red Flags
Consistent annual deficits since 2020 (e.g., 2023 revenue $23,497 vs. expenses $57,750)
Significant decline in revenue over the past decade from $1,122,488 in 2012 to $23,497 in 2023
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
Strengths
Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission
Minimal liabilities ($0 or $1) across all periods, suggesting strong debt management
Maintains a healthy asset base ($94,209) relative to current revenue, providing some financial cushion
Spending Breakdown
How Bill And Faye Stallings Family Foundation 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 Bill And Faye Stallings Family Foundation
Is Bill And Faye Stallings Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bill And Faye Stallings Family Foundation (EIN: 208383433) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Bill And Faye Stallings Family Foundation a good charity to donate to?
Bill And Faye Stallings Family Foundation has a Mission Score of 75/100. Revenue: $83K. Assets: $94K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bill And Faye Stallings Family Foundation?
The Employer Identification Number (EIN) for Bill And Faye Stallings Family Foundation is 208383433. 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 Bill And Faye Stallings Family Foundation spend its money?
Bill And Faye Stallings Family Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bill And Faye Stallings Family Foundation's tax-exempt status?
You can verify Bill And Faye Stallings Family Foundation's tax-exempt status using EIN 208383433 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 Bill And Faye Stallings Family Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the organization has consistently reported zero officer compensation across all available filings, indicating a lean operational structure and a focus on directing resources towards its charitable purpose. However, the foundation has experienced a significant decline in revenue and an increase in expenses relative to revenue in recent years. For instance, in 2023, revenue was $23,497 while expenses were $57,750, leading to a deficit. This trend of expenses exceeding revenue has been consistent since 2020, which could impact long-term financial sustainability if not addressed.
Despite the recent financial deficits, the foundation maintains a healthy asset base relative to its current revenue, with $94,209 in assets against $83,312 in latest revenue. The minimal liabilities reported across all periods ($0 or $1) suggest strong financial management regarding debt. The lack of officer compensation is a significant positive indicator of transparency and efficiency, as it ensures that all contributions are directed towards the foundation's charitable activities rather than executive salaries. However, without a detailed functional expense breakdown, it's challenging to fully assess spending efficiency beyond the executive compensation aspect.
Overall, the foundation appears to be transparent in its executive compensation practices and maintains a solid asset base. The primary area for improvement lies in reversing the trend of expenses consistently exceeding revenue, which could erode its asset base over time. Further transparency regarding the allocation of expenses into program, administrative, and fundraising categories would provide a more comprehensive understanding of its operational efficiency.