Is Foodservice Sales & Marketing Association Legit?
Quick charity verification for Foodservice Sales & Marketing Association (EIN: 200460879)
Verdict: Foodservice Sales & Marketing Association has notable concerns
35/100Mission Score
$0Revenue
$0Assets
5Red Flags
2Strengths
Red Flags
Dramatic decline in revenue and assets from $845,294 revenue and $751,990 assets in 2017 to $85,751 revenue and $1 asset in 2021.
Significant negative net assets in 2021 (Assets $1 vs. Liabilities $165,510).
Expenses consistently exceeding revenue in recent years (e.g., $85,751 revenue vs. $130,876 expenses in 2021).
Lack of detailed spending breakdown (program, admin, fundraising) in the provided data.
Unknown NTEE code, hindering classification and comparative analysis.
Strengths
Consistent reporting of 0% officer compensation, indicating a potentially volunteer-driven leadership or efficient use of funds in this area.
History of significant revenue generation in earlier years (e.g., over $900,000 from 2011-2016).
Spending Breakdown
How Foodservice Sales & Marketing Association allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Foodservice Sales & Marketing Association
Is Foodservice Sales & Marketing Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Foodservice Sales & Marketing Association (EIN: 200460879) has notable concerns. Mission Score: 35/100. 5 red flags identified, 2 strengths noted.
Is Foodservice Sales & Marketing Association a good charity to donate to?
Foodservice Sales & Marketing Association has a Mission Score of 35/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Foodservice Sales & Marketing Association?
The Employer Identification Number (EIN) for Foodservice Sales & Marketing Association is 200460879. 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 Sales & Marketing Association spend its money?
Foodservice Sales & Marketing Association allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Foodservice Sales & Marketing Association's tax-exempt status?
You can verify Foodservice Sales & Marketing Association's tax-exempt status using EIN 200460879 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 Sales & Marketing Association has experienced a significant decline in financial activity over the past several years. In 2017, the organization reported revenue of $845,294 and expenses of $944,899, with assets of $751,990. By 2021, revenue had plummeted to $85,751 and expenses to $130,876, while assets were reported as a mere $1. This drastic reduction in scale raises concerns about the organization's operational viability and future sustainability. The consistent reporting of zero officer compensation across all available filings suggests either a volunteer-led structure or that compensation is not reported in a way that is easily discernible as officer compensation, which could impact transparency. The organization's liabilities have also decreased significantly from a high of $630,064 in 2013 to $165,510 in 2021, but still represent a substantial burden relative to its current asset base of $1. The lack of detailed spending breakdowns in the provided data makes it difficult to assess spending efficiency beyond the overall revenue and expense figures. The NTEE code being unknown also limits the ability to benchmark against similar organizations.