Is Feely Family Foundation Inc Legit? —…

Strengths

Strong asset growth: Assets increased from $92,813 in 2015 to $526,062 in 2022.
No executive compensation: Consistently reported 0% officer compensation across all filings.
Zero liabilities: The organization consistently reports $0 in liabilities, indicating strong financial health.
Significant revenue growth: Revenue surged to $511,000 in 2022 from $107,445 in 2021.
High financial efficiency: Expenses are consistently low relative to revenue, particularly in 2021 ($5,153 expenses on $107,445 revenue) and 2022 ($87,230 expenses on $511,000 revenue).

Spending Breakdown

How Feely Family Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

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 Feely Family Foundation Inc

Is Feely Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Feely Family Foundation Inc (EIN: 200544297) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Feely Family Foundation Inc a good charity to donate to?

Feely Family Foundation Inc has a Mission Score of 90/100. Revenue: $48K. Assets: $281K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Feely Family Foundation Inc?

The Employer Identification Number (EIN) for Feely Family Foundation Inc is 200544297. 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 Feely Family Foundation Inc spend its money?

Feely Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Feely Family Foundation Inc's tax-exempt status?

You can verify Feely Family Foundation Inc's tax-exempt status using EIN 200544297 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 Feely Family Foundation Inc. demonstrates a fluctuating but generally positive financial trajectory based on its available IRS 990 data. In 2022, the organization reported a significant revenue increase to $511,000, with expenses at $87,230, indicating a substantial surplus for that period. This growth is notable compared to prior years like 2021 (revenue $107,445, expenses $5,153) and 2015 (revenue $103,829, expenses $40,626). The foundation consistently reports zero liabilities and zero officer compensation across all available filings, which are strong indicators of financial stability and a commitment to directing funds towards its mission rather than administrative overhead or executive pay. The substantial asset growth to $526,062 in 2022 further solidifies its financial health.

While specific program spending details are not fully disaggregated in the provided summary, the low overall expense ratios relative to revenue, particularly in 2021 and 2022, suggest efficient operations. The absence of officer compensation also points to a volunteer-driven or very lean administrative structure. The consistent filing of IRS 990 forms, even with gaps in the provided history (e.g., between 2015 and 2021), indicates a commitment to regulatory compliance and transparency. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging.

Overall, the Feely Family Foundation appears to be a financially sound organization with a strong balance sheet and a history of responsible financial management, as evidenced by its asset growth and lack of liabilities and executive compensation. Its significant revenue growth in 2022, coupled with relatively low expenses, suggests a capacity for substantial programmatic impact, assuming these funds are effectively deployed.

Is Feely Family Foundation Inc Legit?

Verdict: Feely Family Foundation Inc appears trustworthy