Quick charity verification for F A Matthews Family Foundation (EIN: 202982821)
Verdict: F A Matthews Family Foundation appears trustworthy
95/100Mission Score
$90KRevenue
$552KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Exceptional financial efficiency with very low expenses relative to revenue (e.g., 2023 expenses were ~15% of revenue).
Consistent and significant growth in assets over time (from $4,119 in 2011 to $552,487 currently).
Zero officer compensation reported across all filings, indicating all funds are directed to the mission or asset growth.
Minimal liabilities ($1 across all periods), demonstrating strong financial health and no debt burden.
High program spending ratio due to very low overhead.
Spending Breakdown
How F A Matthews Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 F A Matthews Family Foundation
Is F A Matthews Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, F A Matthews Family Foundation (EIN: 202982821) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is F A Matthews Family Foundation a good charity to donate to?
F A Matthews Family Foundation has a Mission Score of 95/100. Revenue: $90K. Assets: $552K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for F A Matthews Family Foundation?
The Employer Identification Number (EIN) for F A Matthews Family Foundation is 202982821. 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 F A Matthews Family Foundation spend its money?
F A Matthews Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify F A Matthews Family Foundation's tax-exempt status?
You can verify F A Matthews Family Foundation's tax-exempt status using EIN 202982821 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 F A Matthews Family Foundation demonstrates strong financial health and efficiency, particularly in recent years. With latest reported revenue of $89,906 and assets of $552,487, the organization has shown consistent growth in its financial base. Its expenses have remained remarkably low relative to its revenue, for instance, in 2023, expenses were only $12,348 against $81,042 in revenue, indicating a very high proportion of funds are retained or directly applied to its mission. The foundation's liabilities have consistently been minimal ($1 across all reported periods), suggesting excellent financial management and no significant debt burden. The absence of officer compensation further enhances its efficiency and transparency profile, as all revenue appears to be directed towards the foundation's charitable purposes or asset growth.
The foundation's spending efficiency is exceptional, with a very low overhead. For example, in 2023, expenses were approximately 15% of revenue, leaving 85% for asset growth or program distribution. This trend is consistent across its recent filings, with expenses often being less than 10% of revenue in prior years (e.g., 2022 expenses were $8,132 against $82,642 revenue). The consistent growth in assets from $4,119 in 2011 to $552,487 currently, while maintaining minimal liabilities, reflects a well-managed and financially robust organization focused on long-term sustainability and impact. The foundation's transparency is high given the public availability of its 990 filings and the clear financial picture they present.