Quick charity verification for Fm Rotary Foundation (EIN: 203453808)
Verdict: Fm Rotary Foundation appears trustworthy
75/100Mission Score
$112KRevenue
$57KAssets
3Red Flags
3Strengths
Red Flags
Significant operating deficit in 2023 ($205,778, calculated as $385,945 revenue - $591,723 expenses).
High volatility in annual revenues and expenses, making financial forecasting challenging.
Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data to assess efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds at the leadership level.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Substantial asset base ($554,679 in 2023) provides a buffer despite recent deficits.
Spending Breakdown
How Fm Rotary 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 Fm Rotary Foundation
Is Fm Rotary Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fm Rotary Foundation (EIN: 203453808) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Fm Rotary Foundation a good charity to donate to?
Fm Rotary Foundation has a Mission Score of 75/100. Revenue: $112K. Assets: $57K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fm Rotary Foundation?
The Employer Identification Number (EIN) for Fm Rotary Foundation is 203453808. 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 Fm Rotary Foundation spend its money?
Fm Rotary Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fm Rotary Foundation's tax-exempt status?
You can verify Fm Rotary Foundation's tax-exempt status using EIN 203453808 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 Fm Rotary Foundation exhibits fluctuating financial performance over the past decade, with significant swings in revenue and expenses. For instance, in 2023, the organization reported revenues of $385,945 but expenses of $591,723, indicating a substantial deficit for that period. This contrasts sharply with 2022, where revenues of $309,577 far exceeded expenses of $103,480, leading to a significant surplus. The organization's assets have also seen considerable growth and fluctuation, peaking at $762,951 in 2022 before decreasing to $554,679 in 2023. Liabilities have also varied, reaching $158,419 in 2020 and standing at $105,938 in 2023.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to minimizing overhead in leadership salaries, which is a positive indicator for donor confidence. The wide variations in annual expenses relative to revenue suggest either highly variable program activities or inconsistent financial management, warranting closer examination of their operational budgeting.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public disclosure. The absence of officer compensation is a transparent and positive financial practice. However, the significant year-over-year changes in financial metrics, particularly the large deficit in 2023, could raise questions for potential donors regarding financial stability and planning, which would ideally be clarified through more detailed financial reporting or explanations.