Is Briggs Fisher Foundaton Legit?

The Briggs Fisher Foundation demonstrates consistent financial activity, with annual revenues hovering around $220,000 to $275,000 over the past decade. The organization generally operates with expenses close to its revenue, as seen in 2023 where expenses were $193,020 against $220,000 in revenue, indicating a relatively stable operational model. While assets have fluctuated, they have shown growth from $65,895 in 2011 to $256,526 in 2023, suggesting prudent management of resources over time. The consistent reporting of minimal liabilities ($1) across all filings indicates a very healthy balance sheet with virtually no debt. The foundation's spending efficiency appears sound, with expenses generally managed within or slightly above revenue in various years. The absence of reported officer compensation across all filings is a significant indicator of efficiency and a strong commitment to directing funds towards the mission rather than executive salaries. This practice enhances the organization's ability to maximize its programmatic impact. The consistent filing of IRS Form 990s over a decade also points to a good level of transparency and adherence to regulatory requirements. Overall, the Briggs Fisher Foundation exhibits a financially stable and transparent operation. Its consistent revenue, controlled expenses, growing asset base, and lack of executive compensation contribute to a positive assessment of its financial health and dedication to its stated purpose. The minimal liabilities further reinforce its strong financial position.