Quick charity verification for Falconwood Foundation Inc (EIN: 133456475)
Verdict: Falconwood Foundation Inc shows mixed signals
60/100Mission Score
$3.4MRevenue
$3.9MAssets
4Red Flags
2Strengths
Red Flags
Extreme revenue volatility (e.g., $8M in 2022 to $0.3M in 2023)
Expenses frequently exceed revenue (e.g., $2.6M expenses vs. $0.3M revenue in 2023)
No officer compensation reported across all filings, potentially obscuring executive pay practices
Unknown NTEE code limits comparative analysis
Strengths
Consistently low liabilities ($0 or $1 in most recent filings)
Significant asset base in some years (e.g., $5.4M in 2022)
Spending Breakdown
How Falconwood Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Falconwood Foundation Inc
Is Falconwood Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Falconwood Foundation Inc (EIN: 133456475) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 2 strengths noted.
Is Falconwood Foundation Inc a good charity to donate to?
Falconwood Foundation Inc has a Mission Score of 60/100. Revenue: $3.4M. Assets: $3.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Falconwood Foundation Inc?
The Employer Identification Number (EIN) for Falconwood Foundation Inc is 133456475. 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 Falconwood Foundation Inc spend its money?
Falconwood Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Falconwood Foundation Inc's tax-exempt status?
You can verify Falconwood Foundation Inc's tax-exempt status using EIN 133456475 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 Falconwood Foundation Inc exhibits highly volatile financial performance, with significant fluctuations in both revenue and expenses over the past decade. For instance, revenue ranged from a low of $326,785 in 2023 to a high of $8,030,852 in 2022. This inconsistency makes it challenging to assess long-term financial stability. The organization frequently reports expenses exceeding revenue, such as in 2023 where expenses were $2,666,168 against revenue of $326,785, indicating a reliance on prior year reserves or other funding sources.
Despite the revenue and expense volatility, the foundation consistently reports minimal to no liabilities, often $1 or $0, which is a positive indicator of financial solvency in terms of debt management. However, the lack of reported officer compensation across all filings suggests either a fully volunteer-run leadership or that compensation is reported under other expense categories, which could impact transparency regarding executive pay. The NTEE code being unknown also limits the ability to compare its financial metrics against similar organizations.
Overall, while the foundation maintains low liabilities, its highly unpredictable revenue and expense patterns, coupled with the absence of reported officer compensation, suggest areas where greater financial transparency and stability could be beneficial for stakeholders.