Is Fayette Schools Alumni Association…

Quick charity verification for Fayette Schools Alumni Association (EIN: 20550828)

Strengths

Consistent growth in assets, from $148,699 in 2015 to $241,109 in 2024.
Zero reported liabilities across all filing periods, indicating strong financial health.
0% officer compensation reported in all filings, suggesting volunteer leadership and efficient use of funds.
Long history of transparent IRS 990 filings (14 filings), demonstrating accountability.
Strong financial stability with a healthy asset base relative to its annual revenue.

Spending Breakdown

How Fayette Schools Alumni Association allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Schools Alumni Association

Is Fayette Schools Alumni Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Fayette Schools Alumni Association (EIN: 20550828) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Fayette Schools Alumni Association a good charity to donate to?

Fayette Schools Alumni Association has a Mission Score of 90/100. Revenue: $128K. Assets: $246K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fayette Schools Alumni Association?

The Employer Identification Number (EIN) for Fayette Schools Alumni Association is 20550828. 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 Schools Alumni Association spend its money?

Fayette Schools Alumni Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fayette Schools Alumni Association's tax-exempt status?

You can verify Fayette Schools Alumni Association's tax-exempt status using EIN 20550828 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 Schools Alumni Association demonstrates consistent financial activity, with revenues generally fluctuating around the $80,000-$100,000 range over the past decade. The organization maintains a healthy asset base, growing from $148,699 in 2015 to $241,109 in 2024, with no reported liabilities, indicating strong financial stability and responsible management of its resources. This lack of liabilities is a significant positive indicator of financial health.

Spending efficiency appears to be reasonable, though expenses have occasionally exceeded revenue, such as in 2024 ($109,798 expenses vs. $102,941 revenue) and 2016 ($114,504 expenses vs. $95,201 revenue). However, these periods are balanced by years where revenue significantly outpaced expenses, like 2023 ($85,761 revenue vs. $24,003 expenses), suggesting a strategic approach to spending rather than consistent overspending. The consistent reporting of 0% officer compensation across all filings indicates that the organization is likely volunteer-led, which contributes to lower administrative costs and greater resource allocation towards its mission.

Transparency is high given the consistent filing of IRS Form 990s over 14 periods and the clear reporting of financial metrics. The absence of officer compensation further enhances trust, as it suggests that funds are not being diverted to high executive salaries. The organization's financial health is robust, characterized by growing assets and no debt, making it a financially sound entity.

Is Fayette Schools Alumni Association Legit?

Verdict: Fayette Schools Alumni Association appears trustworthy