Consistent decline in total assets over the past decade, from $31.4M in 2014 to $19.8M in 2023.
Persistent high liabilities, consistently above $24M, indicating significant long-term debt or obligations.
Multiple periods of deficit spending where expenses exceeded revenue (e.g., 2023, 2017, 2016), suggesting reliance on reserves or other funding to cover operational costs.
Strengths
Consistent filing of IRS 990 forms, providing a transparent financial history.
Reported 0% officer compensation across all available filings, indicating no direct executive pay from this entity.
Stable revenue generation, generally maintaining above $3.5M annually, demonstrating consistent fundraising or operational income.
Spending Breakdown
How Fiu Athletics Finance Corporation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Fiu Athletics Finance Corporation
Is Fiu Athletics Finance Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fiu Athletics Finance Corporation (EIN: 208802270) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Fiu Athletics Finance Corporation a good charity to donate to?
Fiu Athletics Finance Corporation has a Mission Score of 65/100. Revenue: $6.3M. Assets: $18.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fiu Athletics Finance Corporation?
The Employer Identification Number (EIN) for Fiu Athletics Finance Corporation is 208802270. 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 Fiu Athletics Finance Corporation spend its money?
Fiu Athletics Finance Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fiu Athletics Finance Corporation's tax-exempt status?
You can verify Fiu Athletics Finance Corporation's tax-exempt status using EIN 208802270 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
Fiu Athletics Finance Corporation exhibits a consistent operational pattern, with revenues generally in the $3.5M-$6.3M range and expenses often exceeding revenues in recent years, as seen in 2023 where expenses were $6,119,160 against revenues of $5,721,794. This trend of deficit spending, particularly notable in 2023 and 2017, suggests reliance on existing assets or other funding mechanisms to cover operational costs. The organization's assets have been steadily declining from $31,404,010 in 2014 to $19,864,935 in 2023, while liabilities have remained substantial, indicating a long-term financial obligation that is not being significantly reduced. The consistent reporting of 0% officer compensation across all available filings suggests a lean administrative structure regarding executive pay, or that executive compensation is handled by an affiliated entity, which enhances transparency in this specific area.
While the organization consistently files its IRS 990s, providing a good history of financial data, the persistent decline in assets coupled with high liabilities and occasional deficit spending warrants closer examination. The NTEE code B11 (Colleges, Universities, & Professional Schools) suggests its role in supporting an educational institution's athletic programs. Without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. However, the lack of reported officer compensation is a positive indicator of administrative cost control in that specific area.
Overall, the organization demonstrates a commitment to financial reporting through its consistent 990 filings. However, the long-term trend of declining assets and high liabilities, alongside periods of expenses exceeding revenue, indicates potential financial pressures. Further analysis of the specific allocation of expenses would be necessary to fully evaluate spending efficiency and program impact.