Quick charity verification for Fisher Charitable Foundation (EIN: 10512082)
Verdict: Fisher Charitable Foundation shows mixed signals
65/100Mission Score
$1.1MRevenue
$2.7MAssets
3Red Flags
4Strengths
Red Flags
Consistent deficit spending over multiple years (e.g., 2023 expenses $631,228 vs. revenue $481,444).
Significant decline in total assets by over 50% from $5.5 million in 2011 to $2.6 million in 2023.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
Strengths
Extremely low liabilities, often reported as $1, indicating strong financial control over debt.
Consistent reporting of 0% officer compensation, suggesting volunteer leadership or highly efficient executive cost management.
Consistent filing of IRS 990s, demonstrating good transparency in financial reporting.
Maintains a substantial asset base of $2.7 million, providing a buffer despite recent declines.
Spending Breakdown
How Fisher Charitable 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 Fisher Charitable Foundation
Is Fisher Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fisher Charitable Foundation (EIN: 10512082) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 4 strengths noted.
Is Fisher Charitable Foundation a good charity to donate to?
Fisher Charitable Foundation has a Mission Score of 65/100. Revenue: $1.1M. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fisher Charitable Foundation?
The Employer Identification Number (EIN) for Fisher Charitable Foundation is 10512082. 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 Fisher Charitable Foundation spend its money?
Fisher Charitable Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fisher Charitable Foundation's tax-exempt status?
You can verify Fisher Charitable Foundation's tax-exempt status using EIN 10512082 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 Fisher Charitable Foundation demonstrates a consistent pattern of spending exceeding its revenue over the past several years, as evidenced by the 202312 filing showing expenses of $631,228 against revenue of $481,444, and similar trends in prior years. This has led to a gradual decline in its asset base, from $5,547,829 in 2011 to $2,687,983 in 2023. While the organization maintains a very low liability profile, often reporting only $1 in liabilities, the sustained deficit spending raises questions about long-term financial sustainability if not addressed. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership or that compensation is covered by other means, which can be a positive indicator of efficiency.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The NTEE code J32Z (Foundations, Grantmaking & Giving Services) suggests its primary activity is grantmaking, which typically has lower administrative overhead compared to direct service organizations. The consistent decline in assets, despite minimal liabilities and no reported officer compensation, warrants closer examination of how its expenses are allocated and funded. The foundation's transparency is good in terms of filing its 990s consistently, but the lack of detailed expense allocation in the provided data limits a deeper analysis of its operational efficiency.