Quick charity verification for Finca International Inc (EIN: 133240109)
Verdict: Finca International Inc appears trustworthy
85/100Mission Score
$44.1MRevenue
$252.1MAssets
2Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation, which may warrant further investigation into compensation structures or related entities.
Significant revenue volatility over the past decade, with a sharp drop in 2021 ($3,850,146) and subsequent recovery.
Strengths
Strong asset growth, increasing from $135,162,784 in 2014 to $232,868,784 in 2023, indicating long-term financial stability.
Significant financial recovery in 2023, with revenues ($38,721,345) substantially exceeding expenses ($28,320,861).
Consistent reporting of 0% officer compensation, suggesting a strong commitment to directing funds towards programmatic activities (pending further clarification).
Healthy financial position with assets significantly exceeding liabilities ($232,868,784 assets vs. $76,335,169 liabilities in 2023).
Spending Breakdown
How Finca International Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Finca International Inc
Is Finca International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Finca International Inc (EIN: 133240109) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Finca International Inc a good charity to donate to?
Finca International Inc has a Mission Score of 85/100. Revenue: $44.1M. Assets: $252.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Finca International Inc?
The Employer Identification Number (EIN) for Finca International Inc is 133240109. 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 Finca International Inc spend its money?
Finca International Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Finca International Inc's tax-exempt status?
You can verify Finca International Inc's tax-exempt status using EIN 133240109 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
Finca International Inc. demonstrates a fluctuating but generally positive financial trajectory, with recent filings showing a strong rebound in revenue and a healthy asset base. In 2023, the organization reported revenues of $38,721,345 against expenses of $28,320,861, indicating a significant surplus. This follows a period of revenue decline and deficit spending in 2021 and 2022, where expenses exceeded revenues. The organization's assets have consistently grown, reaching $232,868,784 in 2023, suggesting sound financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and commitment to directing funds towards its mission, though it's important to verify if this reflects compensation paid by related entities or if key leadership roles are genuinely uncompensated.