Is Broadcasters Foundation Of America…

Quick charity verification for Broadcasters Foundation Of America (EIN: 131975618)

Strengths

0% Officer Compensation: No salaries reported for officers across all filings, indicating high efficiency and dedication to mission.
Consistent Financial Stability: Assets have grown from $5.3M in 2014 to $6.7M in 2023, demonstrating long-term financial health.
Regular IRS 990 Filings: A complete history of 11 filings shows strong transparency and compliance.
Operational Surpluses: In most years, revenues exceed expenses (e.g., $251,390 surplus in 2023), contributing to asset growth and sustainability.

Spending Breakdown

How Broadcasters Foundation Of America allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Broadcasters Foundation Of America

Is Broadcasters Foundation Of America a legitimate charity?

Based on AI analysis of IRS 990 filings, Broadcasters Foundation Of America (EIN: 131975618) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.

Is Broadcasters Foundation Of America a good charity to donate to?

Broadcasters Foundation Of America has a Mission Score of 95/100. Revenue: $9.3M. Assets: $8.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Broadcasters Foundation Of America?

The Employer Identification Number (EIN) for Broadcasters Foundation Of America is 131975618. 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 Broadcasters Foundation Of America spend its money?

Broadcasters Foundation Of America allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Broadcasters Foundation Of America's tax-exempt status?

You can verify Broadcasters Foundation Of America's tax-exempt status using EIN 131975618 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 Broadcasters Foundation Of America demonstrates consistent financial activity over the past decade, with revenues generally fluctuating between $1.8 million and $2.9 million annually. In the latest filing period (202312), the organization reported revenues of $2,676,597 against expenses of $2,425,207, indicating a surplus for the year. While the organization's assets have seen some fluctuation, they have generally grown over the long term, from $5,308,482 in 2014 to $6,779,054 in 2023, suggesting a stable financial base. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of strong financial transparency and a commitment to directing funds towards its mission rather than executive salaries.

The organization's spending efficiency appears robust, particularly given the absence of reported officer compensation. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated. However, the consistent operational surpluses in most years, such as the $251,390 surplus in 2023, suggest effective management of resources. The foundation's ability to maintain and grow its asset base while consistently incurring expenses close to its revenue indicates a sustainable operational model.

Overall, the Broadcasters Foundation Of America appears to be a financially healthy and transparent organization. The consistent filing of IRS Form 990s, the absence of officer compensation, and the stable financial trends over a decade contribute to a positive assessment of its stewardship of donor funds. The organization's financial data suggests a focus on its mission without excessive overhead.

Is Broadcasters Foundation Of America Legit?

Verdict: Broadcasters Foundation Of America appears trustworthy