Is Forgotten Foundation Legit?

Spending Breakdown

How Forgotten 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

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 Forgotten Foundation

Is Forgotten Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Forgotten Foundation (EIN: 134257477) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Forgotten Foundation a good charity to donate to?

Forgotten Foundation has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Forgotten Foundation?

The Employer Identification Number (EIN) for Forgotten Foundation is 134257477. 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 Forgotten Foundation spend its money?

Forgotten Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Forgotten Foundation's tax-exempt status?

You can verify Forgotten Foundation's tax-exempt status using EIN 134257477 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

Forgotten Foundation appears to be a very small organization with limited financial activity, as indicated by its latest reported revenue and assets of $0. This suggests it may be inactive or operating on an extremely minimal scale. Historically, the organization has consistently reported modest revenues and expenses, typically in the range of $30,000 to $60,000 annually. Its assets have also remained low, peaking at $15,668 in 2013 and declining to $4,795 by 2018. The consistent reporting of $0 for officer compensation across all available filings suggests either a volunteer-run operation or that compensation falls below reporting thresholds, which is a positive indicator for donor funds directly supporting the mission.

The organization's financial health shows a pattern of expenses often exceeding revenues in several years (e.g., 2018, 2017, 2015, 2014), leading to a gradual depletion of assets. While the amounts are small, this trend is not sustainable long-term without new funding sources. The lack of reported liabilities is a strength, indicating no significant debt burden. However, the current $0 revenue and assets raise concerns about its ongoing operational capacity and impact.

Given the available data, the organization demonstrates transparency by filing its IRS 990s, but the lack of detailed expense breakdowns (e.g., program vs. administrative vs. fundraising) in the provided summary makes a precise assessment of spending efficiency challenging. The consistent reporting of zero officer compensation is a strong positive for transparency and efficiency regarding leadership costs.

Verdict: Forgotten Foundation shows mixed signals

Red Flags

Strengths