Is First Baptist Church Of Rome Foundation Inc Legit?
Quick charity verification for First Baptist Church Of Rome Foundation Inc (EIN: 205422938)
Verdict: First Baptist Church Of Rome Foundation Inc appears trustworthy
95/100Mission Score
$4.3MRevenue
$6.0MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program spending information in available data, suggesting it may primarily be an endowment.
Strengths
Extremely low operating expenses relative to revenue (e.g., $25,866 expenses on $204,071 revenue in 2023).
Consistent asset growth over the past decade, from $3,016,261 in 2014 to $5,498,409 in 2023.
Zero officer compensation reported across all filings, indicating volunteer leadership.
No reported liabilities in recent filings, suggesting strong financial stability.
High financial efficiency, with a significant portion of revenue retained or invested.
Spending Breakdown
How First Baptist Church Of Rome Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 First Baptist Church Of Rome Foundation Inc
Is First Baptist Church Of Rome Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, First Baptist Church Of Rome Foundation Inc (EIN: 205422938) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is First Baptist Church Of Rome Foundation Inc a good charity to donate to?
First Baptist Church Of Rome Foundation Inc has a Mission Score of 95/100. Revenue: $4.3M. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for First Baptist Church Of Rome Foundation Inc?
The Employer Identification Number (EIN) for First Baptist Church Of Rome Foundation Inc is 205422938. 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 First Baptist Church Of Rome Foundation Inc spend its money?
First Baptist Church Of Rome Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify First Baptist Church Of Rome Foundation Inc's tax-exempt status?
You can verify First Baptist Church Of Rome Foundation Inc's tax-exempt status using EIN 205422938 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 First Baptist Church Of Rome Foundation Inc demonstrates strong financial health, consistently growing its assets from $3,016,261 in 2014 to $5,498,409 in 2023. The organization's expenses are remarkably low relative to its revenue, indicating highly efficient operations. For instance, in 2023, expenses were only $25,866 against $204,071 in revenue, and in 2022, expenses were $23,673 against $1,122,816 in revenue. This suggests that the foundation primarily functions as an endowment or asset management entity, with minimal direct program spending or administrative overhead. The consistent reporting of zero officer compensation across all available filings further enhances its transparency and indicates a volunteer-driven leadership structure, which is a significant positive for donor confidence.