Is Ferriday Fund Charitable Tr Legit? —…

Spending Breakdown

How Ferriday Fund Charitable Tr 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 Ferriday Fund Charitable Tr

Is Ferriday Fund Charitable Tr a legitimate charity?

Based on AI analysis of IRS 990 filings, Ferriday Fund Charitable Tr (EIN: 136967609) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Ferriday Fund Charitable Tr a good charity to donate to?

Ferriday Fund Charitable Tr has a Mission Score of 90/100. Revenue: $3.0M. Assets: $9.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ferriday Fund Charitable Tr?

The Employer Identification Number (EIN) for Ferriday Fund Charitable Tr is 136967609. 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 Ferriday Fund Charitable Tr spend its money?

Ferriday Fund Charitable Tr allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ferriday Fund Charitable Tr's tax-exempt status?

You can verify Ferriday Fund Charitable Tr's tax-exempt status using EIN 136967609 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 Ferriday Fund Charitable Tr appears to be a well-managed charitable trust with a strong financial position. Over the past five years, the organization has consistently maintained assets exceeding $8 million, reaching $9,739,322 in the latest filing (202407). Revenue has generally outpaced expenses, with the most recent period showing revenue of $1,079,229 against expenses of $642,455, indicating a healthy surplus. The organization's liabilities are consistently reported as minimal ($1 or $0), suggesting excellent financial stability and low risk.

Spending efficiency is high, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This implies that administrative costs related to executive salaries are non-existent, allowing a greater proportion of funds to be directed towards charitable activities. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't provided in the summary data, the absence of officer compensation is a strong indicator of efficient overhead management. The consistent growth in assets, from $7,225,971 in 2012 to $9,739,322 in 2024, further underscores sound financial stewardship.

Transparency is good given the consistent filing of IRS Form 990s. The lack of officer compensation is a positive sign for donors concerned about executive pay. However, without more detailed expense breakdowns (e.g., program service expenses vs. management and general expenses), a full assessment of program spending efficiency is limited. The organization's NTEE code is unknown, which slightly hinders understanding its specific mission area, but its financial health appears robust.

Is Ferriday Fund Charitable Tr Legit?

Verdict: Ferriday Fund Charitable Tr appears trustworthy

Red Flags

Strengths