Quick charity verification for Fayette County Bar Foundation Inc (EIN: 204761072)
Verdict: Fayette County Bar Foundation Inc appears trustworthy
85/100Mission Score
$455KRevenue
$999KAssets
1Red Flags
4Strengths
Red Flags
Consistent operational deficits in recent years (e.g., 2023, 2022, 2020, 2019, 2017, 2016) where expenses exceed revenue.
Strengths
Strong and stable asset base, consistently near $1 million ($977,433 in 2023).
Zero reported officer compensation across all filings, indicating efficient use of funds.
Excellent transparency with 14 IRS 990 filings available.
No reported liabilities across all available filings, indicating strong financial management.
Spending Breakdown
How Fayette County Bar 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 Fayette County Bar Foundation Inc
Is Fayette County Bar Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fayette County Bar Foundation Inc (EIN: 204761072) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Fayette County Bar Foundation Inc a good charity to donate to?
Fayette County Bar Foundation Inc has a Mission Score of 85/100. Revenue: $455K. Assets: $999K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fayette County Bar Foundation Inc?
The Employer Identification Number (EIN) for Fayette County Bar Foundation Inc is 204761072. 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 Fayette County Bar Foundation Inc spend its money?
Fayette County Bar Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fayette County Bar Foundation Inc's tax-exempt status?
You can verify Fayette County Bar Foundation Inc's tax-exempt status using EIN 204761072 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 Fayette County Bar Foundation Inc. demonstrates consistent financial stability with assets consistently near the $1 million mark, reaching $977,433 in 2023. However, recent years show a trend of expenses exceeding revenue, with 2023 reporting $64,843 in expenses against $39,251 in revenue, and 2022 showing $60,547 in expenses versus $45,140 in revenue. This indicates the organization is drawing down on its reserves or relying on prior year surpluses to cover current operations. The organization's transparency is strong, with 14 filings available and consistent reporting of zero officer compensation, which is a positive indicator for donor trust. While the overall asset base is healthy, the recent operational deficits warrant closer monitoring to ensure long-term sustainability without significant new revenue streams.