Is Fischbach Foundation Legit?

Spending Breakdown

How Fischbach 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

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 Fischbach Foundation

Is Fischbach Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Fischbach Foundation (EIN: 204125579) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

Is Fischbach Foundation a good charity to donate to?

Fischbach Foundation has a Mission Score of 70/100. Revenue: $171K. Assets: $311K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fischbach Foundation?

The Employer Identification Number (EIN) for Fischbach Foundation is 204125579. 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 Fischbach Foundation spend its money?

Fischbach Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fischbach Foundation's tax-exempt status?

You can verify Fischbach Foundation's tax-exempt status using EIN 204125579 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 Fischbach Foundation demonstrates consistent financial transparency, with 10 years of IRS 990 filings available. The organization's financial health shows a trend of declining assets, from $396,051 in 2011 to $349,482 in 2023, alongside a pattern of expenses frequently exceeding revenue in recent years. For instance, in 2023, expenses were $76,364 against revenues of $44,664, and in 2022, expenses were $81,415 against revenues of $36,987. This indicates that the foundation is drawing down its assets to cover operational costs and program disbursements.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests a lean operational structure regarding executive pay. The foundation's liabilities have remained minimal, consistently reported as $1 or $0, which is a positive indicator of financial stability in terms of debt management.

Overall, while the foundation is transparent with its filings and maintains low liabilities, the sustained deficit spending and declining asset base warrant closer examination to ensure long-term sustainability. The lack of officer compensation is a strong point for efficiency, but the overall financial trend suggests a need for increased revenue generation or a re-evaluation of spending levels to prevent further asset depletion.

Verdict: Fischbach Foundation appears trustworthy

Red Flags

Strengths