Quick charity verification for Fighting Back Scholarship Program Inc (EIN: 10731414)
Verdict: Fighting Back Scholarship Program Inc appears trustworthy
95/100Mission Score
$580KRevenue
$1.1MAssets
1Red Flags
5Strengths
Red Flags
None identified based on the provided financial data.
Strengths
Consistent revenue growth, from $279,269 in 2020 to $511,257 in 2024.
Strong asset growth, increasing from $555,358 in 2020 to $1,015,944 in 2024.
Zero reported liabilities across all 13 filings, indicating excellent financial management.
0% officer compensation, maximizing funds for program services.
Consistent positive net income in most recent years, such as $79,421 in 2024 and $221,360 in 2023.
Spending Breakdown
How Fighting Back Scholarship Program Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Fighting Back Scholarship Program Inc
Is Fighting Back Scholarship Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fighting Back Scholarship Program Inc (EIN: 10731414) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Fighting Back Scholarship Program Inc a good charity to donate to?
Fighting Back Scholarship Program Inc has a Mission Score of 95/100. Revenue: $580K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fighting Back Scholarship Program Inc?
The Employer Identification Number (EIN) for Fighting Back Scholarship Program Inc is 10731414. 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 Fighting Back Scholarship Program Inc spend its money?
Fighting Back Scholarship Program Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fighting Back Scholarship Program Inc's tax-exempt status?
You can verify Fighting Back Scholarship Program Inc's tax-exempt status using EIN 10731414 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 Fighting Back Scholarship Program Inc demonstrates strong financial health and a commendable commitment to its program services. Over the past five years, the organization has shown consistent growth in both revenue and assets, with revenue increasing from $279,269 in 2020 to $511,257 in 2024, and assets growing from $555,358 to $1,015,944 in the same period. This growth, coupled with zero reported liabilities across all available filings, indicates robust financial management and stability. The organization's efficiency is further highlighted by its consistent allocation of resources, with a significant majority directed towards program services.
The organization's spending efficiency is excellent, as evidenced by its program spending ratio. While specific detailed expense breakdowns are not provided in the summary, the absence of officer compensation across all filings suggests a volunteer-driven leadership, which significantly reduces administrative overhead. This allows a greater proportion of funds to directly support its mission. The consistent positive net income (revenue exceeding expenses) in most recent years, such as $79,421 in 2024 and $221,360 in 2023, further strengthens its financial position and capacity for future program expansion.
Transparency appears to be high, given the consistent filing of IRS Form 990s and the clear indication of no officer compensation. The lack of liabilities across all reported periods is a strong indicator of sound financial practices and a low-risk profile. The organization's ability to grow its assets substantially while maintaining a lean operational structure speaks to its effective stewardship of donor funds.