Quick charity verification for Firstfruits Foundation (EIN: 208962234)
Verdict: Firstfruits Foundation shows mixed signals
65/100Mission Score
$199KRevenue
$59KAssets
3Red Flags
3Strengths
Red Flags
Highly volatile financial history with extreme fluctuations in revenue and assets, indicating potential instability.
Multiple years of operating deficits where expenses exceeded revenue (e.g., 202212, 202112, 202012, 201512, 201412, 201312).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, hindering full spending efficiency analysis.
Strengths
Zero reported officer compensation across all filings, suggesting efficient use of funds for leadership.
Very low liabilities ($1 consistently reported), indicating a strong balance sheet with minimal debt.
Significant financial recovery and asset growth in the most recent filing (202312), with a substantial surplus of $261,136 and assets increasing to $264,238.
Spending Breakdown
How Firstfruits Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Firstfruits Foundation
Is Firstfruits Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Firstfruits Foundation (EIN: 208962234) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Firstfruits Foundation a good charity to donate to?
Firstfruits Foundation has a Mission Score of 65/100. Revenue: $199K. Assets: $59K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Firstfruits Foundation?
The Employer Identification Number (EIN) for Firstfruits Foundation is 208962234. 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 Firstfruits Foundation spend its money?
Firstfruits Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Firstfruits Foundation's tax-exempt status?
You can verify Firstfruits Foundation's tax-exempt status using EIN 208962234 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
Firstfruits Foundation exhibits a highly volatile financial history, with significant fluctuations in revenue and expenses over the past decade. While the most recent filing (202312) shows a strong positive net income of $261,136 (Revenue $305,949 - Expenses $44,813) and a substantial increase in assets to $264,238, this follows several years of operating deficits, such as in 202212 where expenses ($130,405) slightly exceeded revenue ($130,001). The organization's assets have also seen dramatic swings, from a high of $1,184,432 in 201212 to a low of $3,102 in 202212, indicating an inconsistent financial base. The consistent reporting of $1 in liabilities across all filings suggests a very low debt burden, which is positive.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the very low total expenses in 202312 ($44,813) relative to revenue ($305,949) suggest a period of significant asset accumulation rather than extensive program spending. The absence of officer compensation reported across all filings indicates either a volunteer-led organization or compensation is structured in a way not captured by this metric, which can be a positive for donor confidence regarding executive pay. Overall, the financial health appears to be improving in the most recent period, but the historical instability warrants closer examination of its operational model and funding sources.
Transparency is generally good given the availability of 10 years of filing data. However, the lack of detailed expense categorization (program vs. admin vs. fundraising) in the provided summary limits a deeper analysis of spending efficiency. The consistent reporting of zero officer compensation is a transparent point regarding executive pay.