Is Foodservice Packaging Institute Inc…

Quick charity verification for Foodservice Packaging Institute Inc (EIN: 130612120)

Spending Breakdown

How Foodservice Packaging Institute Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Foodservice Packaging Institute Inc

Is Foodservice Packaging Institute Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Foodservice Packaging Institute Inc (EIN: 130612120) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Foodservice Packaging Institute Inc a good charity to donate to?

Foodservice Packaging Institute Inc has a Mission Score of 85/100. Revenue: $5.7M. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Foodservice Packaging Institute Inc?

The Employer Identification Number (EIN) for Foodservice Packaging Institute Inc is 130612120. 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 Foodservice Packaging Institute Inc spend its money?

Foodservice Packaging Institute Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Foodservice Packaging Institute Inc's tax-exempt status?

You can verify Foodservice Packaging Institute Inc's tax-exempt status using EIN 130612120 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 Foodservice Packaging Institute Inc. demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, leading to a steady growth in assets. For instance, in 2022, revenue was $3,180,255 against expenses of $2,682,675, contributing to an asset base of $3,826,549. While the latest filing (2023) shows expenses ($3,507,424) slightly exceeding revenue ($3,218,116), this appears to be an anomaly in an otherwise positive trend. The organization's liabilities are consistently a small fraction of its assets, indicating a strong balance sheet.

Spending efficiency appears robust, particularly given the reported 0% officer compensation across all available filings, which suggests that executive salaries are either very low or not reported in a way that triggers this field, or that the organization operates with a different compensation structure. This lack of reported officer compensation, while potentially a positive for efficiency, could also raise questions about the transparency of executive remuneration if it exists in other forms. The consistent growth in revenue and assets over the long term, from $1,292,414 in revenue and $1,568,118 in assets in 2014 to $3,218,116 in revenue and $3,639,073 in assets in 2023, indicates effective financial management and program delivery relative to its operational scale.

Overall, the organization exhibits sound financial management and a strong asset base. The absence of reported officer compensation is a notable point for transparency, potentially indicating a highly efficient operational model or a need for further clarity on how leadership is compensated. The consistent growth and healthy asset-to-liability ratio suggest a well-managed entity.

Is Foodservice Packaging Institute Inc Legit?

Verdict: Foodservice Packaging Institute Inc appears trustworthy

Red Flags

Strengths