Significant fluctuation in assets over time, from $353,191 in 2017 to $107,929 currently, which could indicate inconsistent financial management or investment strategies.
A year with zero revenue ($0 in 2020) while still incurring expenses ($25,103), which warrants further investigation into funding sources and operational continuity during that period.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong financial transparency regarding executive pay.
Generally stable revenue generation, with latest revenue at $561,521 and consistent revenue streams in most years.
Positive net assets in most years, indicating the organization generally operates within its means.
Spending Breakdown
How Fmu Charitable Foundationincorporated allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Fmu Charitable Foundationincorporated
Is Fmu Charitable Foundationincorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Fmu Charitable Foundationincorporated (EIN: 205545418) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Fmu Charitable Foundationincorporated a good charity to donate to?
Fmu Charitable Foundationincorporated has a Mission Score of 70/100. Revenue: $562K. Assets: $108K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fmu Charitable Foundationincorporated?
The Employer Identification Number (EIN) for Fmu Charitable Foundationincorporated is 205545418. 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 Fmu Charitable Foundationincorporated spend its money?
Fmu Charitable Foundationincorporated allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fmu Charitable Foundationincorporated's tax-exempt status?
You can verify Fmu Charitable Foundationincorporated's tax-exempt status using EIN 205545418 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
Fmu Charitable Foundationincorporated demonstrates a consistent operational pattern, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, expenses of $458,444 slightly surpassed revenue of $448,898, indicating a minor deficit for that period. However, in 2022, the organization reported a surplus with revenues of $403,359 against expenses of $379,214. The organization's assets have fluctuated, reaching a high of $353,191 in 2017 and currently standing at $107,929, which is a significant decrease from the $152,823 reported in 2023. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or externally managed structure, which can be a positive indicator for donor confidence regarding executive pay. However, without detailed expense breakdowns from the provided data, it's challenging to fully assess spending efficiency beyond the overall revenue-expense balance.
The foundation's financial health appears stable, though with some year-to-year variations in net assets. The liabilities have also shown fluctuations, from a low of $19,600 in 2023 to a high of $240,875 in 2017. The current assets of $107,929 against the latest reported liabilities of $19,600 (from 2023) indicate a healthy current asset-to-liability ratio. The lack of officer compensation is a strong point for transparency regarding executive pay. However, the absence of detailed program, administrative, and fundraising expense breakdowns in the provided data limits a comprehensive assessment of spending efficiency and program focus. To fully evaluate transparency, access to the complete IRS 990 forms would be necessary to review specific line items and disclosures.