Is Fashion Accessories Benefit Ball Inc…

Quick charity verification for Fashion Accessories Benefit Ball Inc (EIN: 133592313)

Red Flags

Significant and consistent operational deficits in recent years (e.g., $47,546 in 2023, $43,476 in 2021).
Steep decline in annual revenue from $420,699 in 2014 to $57,479 in 2023, indicating potential sustainability issues.
Overall decrease in assets from a high of $524,999 in 2017 to $331,796 in 2023, suggesting reliance on reserves.
Negative revenue reported in 2020 ($-7,894), which is highly unusual and warrants further investigation.

Spending Breakdown

How Fashion Accessories Benefit Ball Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Fashion Accessories Benefit Ball Inc

Is Fashion Accessories Benefit Ball Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Fashion Accessories Benefit Ball Inc (EIN: 133592313) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Fashion Accessories Benefit Ball Inc a good charity to donate to?

Fashion Accessories Benefit Ball Inc has a Mission Score of 65/100. Revenue: $460K. Assets: $417K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fashion Accessories Benefit Ball Inc?

The Employer Identification Number (EIN) for Fashion Accessories Benefit Ball Inc is 133592313. 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 Fashion Accessories Benefit Ball Inc spend its money?

Fashion Accessories Benefit Ball Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fashion Accessories Benefit Ball Inc's tax-exempt status?

You can verify Fashion Accessories Benefit Ball Inc's tax-exempt status using EIN 133592313 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

Fashion Accessories Benefit Ball Inc. exhibits a fluctuating financial performance over the past decade, with recent years showing a decline in revenue and an increase in expenses, leading to net losses. For instance, in 2023, the organization reported revenue of $57,479 against expenses of $105,025, indicating a significant deficit. This trend is concerning, especially when compared to earlier periods like 2014, which saw revenue of $420,699. The organization's assets have also seen a decline from a high of $524,999 in 2017 to $331,796 in 2023, suggesting a draw-down on reserves to cover operational costs. 

The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator of efficient use of funds at the executive level and strong transparency regarding leadership remuneration. However, without a detailed breakdown of expenses beyond officer compensation, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The consistent reporting of zero liabilities in several recent years (2023, 2022, 2018, 2016) suggests good financial management in terms of debt, but the overall financial health is impacted by the sustained operational deficits.

While the lack of officer compensation is commendable for transparency, the declining revenue and increasing expenses in recent years raise questions about the sustainability of their operations and their ability to consistently fund their mission. The organization's financial health appears to be under stress, necessitating a closer look at their revenue generation strategies and expense management.

Is Fashion Accessories Benefit Ball Inc Legit?

Verdict: Fashion Accessories Benefit Ball Inc shows mixed signals