Periods where expenses substantially exceeded revenue (e.g., 2022 and 2014), which could strain resources if not managed carefully.
Strengths
Consistent 0% officer compensation, demonstrating a strong commitment to mission-focused spending.
Strong and consistent growth in assets over the past decade, reaching $4,744,784 in 2023.
Generally low liabilities, indicating good financial health and minimal debt.
Positive net income in most recent years (e.g., $456,311 surplus in 2023).
Spending Breakdown
How Fletcher Technical Community College Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Fletcher Technical Community College Foundation Inc
Is Fletcher Technical Community College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fletcher Technical Community College Foundation Inc (EIN: 204415988) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Fletcher Technical Community College Foundation Inc a good charity to donate to?
Fletcher Technical Community College Foundation Inc has a Mission Score of 85/100. Revenue: $1.1M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fletcher Technical Community College Foundation Inc?
The Employer Identification Number (EIN) for Fletcher Technical Community College Foundation Inc is 204415988. 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 Fletcher Technical Community College Foundation Inc spend its money?
Fletcher Technical Community College Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fletcher Technical Community College Foundation Inc's tax-exempt status?
You can verify Fletcher Technical Community College Foundation Inc's tax-exempt status using EIN 204415988 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
Fletcher Technical Community College Foundation Inc demonstrates a generally healthy financial position, with assets consistently growing over the past decade, reaching $4,744,784 in 2023. The organization's revenue has shown significant fluctuations, with a peak of over $3.2 million in 2021, followed by a decrease to $1.1 million in 2023. This volatility suggests reliance on specific fundraising campaigns or large donations. Spending efficiency appears strong in recent years, with expenses of $672,262 in 2023 against revenues of $1,128,573, indicating a surplus. However, there have been periods, such as 2022 and 2014, where expenses exceeded revenue, suggesting careful management of resources is necessary during leaner periods. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for transparency and donor confidence.