Quick charity verification for Fadem Family Foundation Inc (EIN: 133907052)
Verdict: Fadem Family Foundation Inc appears trustworthy
90/100Mission Score
$636KRevenue
$977KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Zero reported officer compensation across all filings, indicating high efficiency.
Consistently low liabilities ($0 or $1), demonstrating strong financial stability.
Long history of IRS 990 filings (10 periods), showing commitment to transparency.
Latest reported assets ($976,717) and revenue ($636,292) show a healthy financial position.
Spending Breakdown
How Fadem Family Foundation Inc 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 Fadem Family Foundation Inc
Is Fadem Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fadem Family Foundation Inc (EIN: 133907052) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Fadem Family Foundation Inc a good charity to donate to?
Fadem Family Foundation Inc has a Mission Score of 90/100. Revenue: $636K. Assets: $977K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fadem Family Foundation Inc?
The Employer Identification Number (EIN) for Fadem Family Foundation Inc is 133907052. 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 Fadem Family Foundation Inc spend its money?
Fadem Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fadem Family Foundation Inc's tax-exempt status?
You can verify Fadem Family Foundation Inc's tax-exempt status using EIN 133907052 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 Fadem Family Foundation Inc. demonstrates consistent financial activity over the past decade, with revenues and expenses generally in the range of $80,000 to $240,000 annually. The organization's assets have fluctuated, peaking around $976,717 (latest available) but showing a dip in earlier years before recovering. A notable aspect is the consistent reporting of $0 in officer compensation across all available filings, which suggests a volunteer-driven leadership or that compensation is not reported in a way that is visible in this summary. This practice can contribute to lower administrative costs and higher program efficiency.
Spending efficiency appears strong, particularly given the zero officer compensation. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to precisely quantify the program spending ratio. However, the absence of executive compensation is a significant positive indicator for efficient use of funds. The foundation's liabilities have consistently been reported as $0 or $1, indicating a very healthy balance sheet with minimal debt.
Transparency is generally good through its consistent IRS 990 filings. The lack of reported officer compensation enhances its transparency profile by showing that a significant potential cost center is absent. The foundation's consistent filing history over ten periods further supports its commitment to public accountability. However, without more granular expense data, a full assessment of program vs. overhead spending is limited.