No reported liabilities across all periods, indicating financial solvency at its current scale.
No executive compensation, ensuring all minimal funds are directed elsewhere.
Spending Breakdown
How Fame Opportunities Inc allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Fame Opportunities Inc
Is Fame Opportunities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fame Opportunities Inc (EIN: 10521988) has notable concerns. Mission Score: 30/100. 3 red flags identified, 3 strengths noted.
Is Fame Opportunities Inc a good charity to donate to?
Fame Opportunities Inc has a Mission Score of 30/100. Revenue: $0. Assets: $144. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fame Opportunities Inc?
The Employer Identification Number (EIN) for Fame Opportunities Inc is 10521988. 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 Fame Opportunities Inc spend its money?
Fame Opportunities Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fame Opportunities Inc's tax-exempt status?
You can verify Fame Opportunities Inc's tax-exempt status using EIN 10521988 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
Fame Opportunities Inc. appears to be a very small, largely inactive organization based on its IRS 990 filings. For the latest reported period (202406), the organization reported only $1,000 in revenue and $1,045 in expenses, resulting in a slight deficit. This pattern of minimal financial activity, often with zero revenue or expenses in multiple prior years (e.g., 2022, 2021, 2020), suggests it operates on a very limited scale, if at all. Its assets have consistently been very low, currently at $204, with no reported liabilities, indicating a lack of significant financial operations or holdings.
The organization's spending efficiency is difficult to assess given the extremely low and often zero reported expenses. When expenses are reported, they are very close to revenue, suggesting a break-even or slight deficit operation. Without detailed breakdowns of the minimal expenses, it's impossible to determine the allocation between programs, administration, and fundraising. The consistent reporting of 0% officer compensation across all filings indicates that executive compensation is not a financial burden or concern for this organization.
In terms of transparency, the organization has a consistent filing history with the IRS, which is a positive. However, the lack of significant financial activity or detailed expense reporting in its 990-EZ filings (implied by the low revenue/assets) means there is very little substantive financial information available for a deeper analysis of its operations or impact. The organization's financial health is stable in that it has no liabilities, but its operational capacity is severely limited by its minimal revenue and assets.