Quick charity verification for Finzen Clark Family Foundation (EIN: 202043475)
Verdict: Finzen Clark Family Foundation shows mixed signals
65/100Mission Score
$58KRevenue
$176KAssets
3Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) across multiple years, e.g., $25,943 expenses vs. $14,362 revenue in 202312.
Steady decline in total assets over the past decade, from $285,870 in 201112 to $184,543 in 202312, indicating a draw on principal.
Low and fluctuating revenue figures, which may impact long-term program stability.
Strengths
Zero officer compensation reported across all filings, indicating highly efficient administrative costs.
Minimal liabilities consistently reported as $1, suggesting a debt-free operation.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Finzen Clark Family Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Finzen Clark Family Foundation
Is Finzen Clark Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Finzen Clark Family Foundation (EIN: 202043475) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Finzen Clark Family Foundation a good charity to donate to?
Finzen Clark Family Foundation has a Mission Score of 65/100. Revenue: $58K. Assets: $176K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Finzen Clark Family Foundation?
The Employer Identification Number (EIN) for Finzen Clark Family Foundation is 202043475. 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 Finzen Clark Family Foundation spend its money?
Finzen Clark Family Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Finzen Clark Family Foundation's tax-exempt status?
You can verify Finzen Clark Family Foundation's tax-exempt status using EIN 202043475 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 Finzen Clark Family Foundation appears to be a small private foundation with a consistent pattern of spending exceeding its revenue. In the latest filing (202312), the organization reported revenue of $14,362 against expenses of $25,943, indicating a deficit. This trend is visible across multiple years, for example, in 202212, revenue was $14,547 while expenses were $22,769. Over the past decade, the foundation's assets have steadily declined from $285,870 in 201112 to $184,543 in 202312, suggesting it is drawing down its principal to cover operational costs and grants.
The foundation maintains minimal liabilities, consistently reporting $1 across most periods, which is a positive indicator of financial stability in terms of debt. However, the sustained deficit spending raises questions about the long-term sustainability of its current operational model. The absence of officer compensation reported across all filings suggests a volunteer-driven or very low-cost administrative structure, which is a strength in terms of spending efficiency. Transparency is generally good given the availability of 990 filings, but the financial health shows a consistent draw on assets.