Quick charity verification for Finca Vigia Foundation Inc (EIN: 10660817)
Verdict: Finca Vigia Foundation Inc appears trustworthy
90/100Mission Score
$368KRevenue
$244KAssets
1Red Flags
4Strengths
Red Flags
Significant historical deficits in 2017 ($240,096) and 2018 ($93,933) where expenses substantially exceeded revenue.
Strengths
Consistent 0% officer compensation, indicating a volunteer-led model and high efficiency.
Recent financial stability with revenues covering expenses (e.g., 2023 revenue $199,175 vs. expenses $188,327).
Growing asset base in recent years, from $48,367 in 2020 to $118,276 in 2023.
Strong program focus implied by the lack of executive compensation, directing more funds to mission.
Spending Breakdown
How Finca Vigia Foundation 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 Vigia Foundation Inc
Is Finca Vigia Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Finca Vigia Foundation Inc (EIN: 10660817) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Finca Vigia Foundation Inc a good charity to donate to?
Finca Vigia Foundation Inc has a Mission Score of 90/100. Revenue: $368K. Assets: $244K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Finca Vigia Foundation Inc?
The Employer Identification Number (EIN) for Finca Vigia Foundation Inc is 10660817. 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 Vigia Foundation Inc spend its money?
Finca Vigia Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Finca Vigia Foundation Inc's tax-exempt status?
You can verify Finca Vigia Foundation Inc's tax-exempt status using EIN 10660817 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 Finca Vigia Foundation Inc. demonstrates a generally stable financial position, with recent years showing revenues closely matching or slightly exceeding expenses. For instance, in 2023, revenue was $199,175 against expenses of $188,327, indicating a modest surplus. The organization's assets have shown growth in recent years, increasing from $48,367 in 2020 to $118,276 in 2023, suggesting prudent financial management and accumulation of resources. However, there were periods of significant deficits, such as in 2017 where expenses ($550,966) far outstripped revenue ($310,870), which could indicate reliance on prior reserves or specific project funding. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice also suggests a volunteer-driven leadership model, which can be highly efficient.