Is Fashion Center District Management Association Inc Legit?
Quick charity verification for Fashion Center District Management Association Inc (EIN: 133718607)
Verdict: Fashion Center District Management Association Inc appears trustworthy
92/100Mission Score
$13.3MRevenue
$15.0MAssets
2Red Flags
5Strengths
Red Flags
Unusually low administrative and fundraising expenses (10% admin, 5% fundraising) for an organization of this size, which could potentially indicate underreporting or classification issues, though it could also reflect extreme efficiency.
Consistent 0% officer compensation for an organization with over $13 million in revenue is highly unusual and might warrant further investigation into how leadership is compensated, if at all, or if these roles are entirely volunteer-based.
Strengths
Strong program spending ratio: 85% of expenses in 2023 were allocated to programs, indicating efficient use of funds towards its mission.
Consistent revenue growth: Revenue has steadily increased from $7.8 million in 2014 to over $13 million in 2023.
Healthy asset growth: Assets have grown significantly from $2.7 million in 2014 to $14.1 million in 2023, demonstrating financial stability.
Low liabilities: Liabilities remain a small percentage of total assets, indicating sound financial management.
No reported officer compensation: This suggests a strong commitment to directing funds towards the mission rather than executive salaries.
Spending Breakdown
How Fashion Center District Management Association Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Fashion Center District Management Association Inc
Is Fashion Center District Management Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fashion Center District Management Association Inc (EIN: 133718607) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Fashion Center District Management Association Inc a good charity to donate to?
Fashion Center District Management Association Inc has a Mission Score of 92/100. Revenue: $13.3M. Assets: $15.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fashion Center District Management Association Inc?
The Employer Identification Number (EIN) for Fashion Center District Management Association Inc is 133718607. 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 Center District Management Association Inc spend its money?
Fashion Center District Management Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fashion Center District Management Association Inc's tax-exempt status?
You can verify Fashion Center District Management Association Inc's tax-exempt status using EIN 133718607 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 Center District Management Association Inc demonstrates consistent financial growth and strong program spending. Over the past decade, revenue has steadily increased from $7.8 million in 2014 to over $13 million in 2023, indicating robust support for its mission. The organization consistently spends a high percentage of its expenses on program services, with 85% allocated to programs in the latest filing period (202306). This efficiency suggests that the majority of funds are directly supporting its stated goals.
The organization's assets have also grown significantly, from $2.7 million in 2014 to $14.1 million in 2023, while liabilities remain relatively low, indicating sound financial management and stability. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and commitment to directing funds towards its mission rather than executive pay. This financial health, combined with efficient spending and transparent compensation practices, paints a positive picture of the organization's operational integrity.