Quick charity verification for Fb Foundation (EIN: 203997779)
Verdict: Fb Foundation shows mixed signals
45/100Mission Score
$27KRevenue
$11KAssets
4Red Flags
1Strengths
Red Flags
Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., $132,533 expenses vs. $103,300 revenue in 2023.
Rapid and significant increase in liabilities, from $0 in 2019 to $162,201 in 2023.
Negative net asset position, with liabilities far exceeding assets ($162,201 vs. $29,288 in 2023).
Declining assets in recent periods, from $189,625 in 2021 to $29,288 in 2023.
Strengths
No reported officer compensation, indicating that executive pay is not a drain on resources.
Spending Breakdown
How Fb Foundation 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 Fb Foundation
Is Fb Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fb Foundation (EIN: 203997779) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
Is Fb Foundation a good charity to donate to?
Fb Foundation has a Mission Score of 45/100. Revenue: $27K. Assets: $11K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fb Foundation?
The Employer Identification Number (EIN) for Fb Foundation is 203997779. 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 Fb Foundation spend its money?
Fb Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fb Foundation's tax-exempt status?
You can verify Fb Foundation's tax-exempt status using EIN 203997779 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
Fb Foundation exhibits concerning financial trends, particularly a consistent pattern of expenses exceeding revenue in recent years. In 2023, expenses were $132,533 against revenues of $103,300, and in 2022, expenses were $185,789 compared to revenues of $57,091. This has led to a significant accumulation of liabilities, reaching $162,201 in 2023, far outweighing its assets of $29,288. The organization's financial health appears precarious, with a negative net asset position indicating it owes more than it owns. While officer compensation is reported as 0%, which is positive for donor confidence in executive pay, the overall financial instability raises questions about long-term sustainability and program impact. The latest reported revenue of $26,911 and assets of $10,583 further underscore a shrinking financial base.