Is Federation Of Indian Associations Legit?

Quick charity verification for Federation Of Indian Associations (EIN: 132961275)

Verdict: Federation Of Indian Associations appears trustworthy

70/100Mission Score
$671KRevenue
$312KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Federation Of Indian Associations allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
10%
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 Federation Of Indian Associations

Is Federation Of Indian Associations a legitimate charity?

Based on AI analysis of IRS 990 filings, Federation Of Indian Associations (EIN: 132961275) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Federation Of Indian Associations a good charity to donate to?

Federation Of Indian Associations has a Mission Score of 70/100. Revenue: $671K. Assets: $312K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Federation Of Indian Associations?

The Employer Identification Number (EIN) for Federation Of Indian Associations is 132961275. 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 Federation Of Indian Associations spend its money?

Federation Of Indian Associations allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Federation Of Indian Associations's tax-exempt status?

You can verify Federation Of Indian Associations's tax-exempt status using EIN 132961275 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 Federation Of Indian Associations demonstrates fluctuating financial health over the past decade, with significant swings in revenue and expenses. For instance, revenue surged from $69,632 in 2021 to $924,329 in 2023, indicating a highly variable operational scale. The organization consistently reports 0% officer compensation, which is a positive indicator of volunteer leadership and potentially lower administrative overhead. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in 7 out of the 10 reported periods, including the most recent period (202302) where expenses of $944,853 surpassed revenue of $924,329. This trend suggests a reliance on prior year reserves or other funding sources to cover operational costs. Spending efficiency appears to be a mixed bag. While the absence of paid executive compensation is commendable, the consistent deficits raise questions about long-term financial sustainability if not addressed by increased fundraising or more controlled spending. The organization's assets have grown, reaching $196,365 in 2023, but liabilities have also increased significantly, reaching $150,411 in the same period, indicating a substantial portion of assets are offset by debt. Transparency is generally good given the public availability of 990 filings and the clear reporting of 0% officer compensation, which simplifies the analysis of executive pay. Overall, the Federation Of Indian Associations exhibits characteristics of an organization heavily reliant on event-based or project-specific funding, leading to volatile financial performance. While the lack of paid executive compensation is a strong point for efficiency, the recurring deficits and growing liabilities warrant closer scrutiny regarding financial planning and sustainability. The organization's ability to manage these fluctuations while maintaining its mission delivery will be key to its future financial health.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages