Quick charity verification for Forster Family Foundation Inc (EIN: 203369497)
Verdict: Forster Family Foundation Inc appears trustworthy
75/100Mission Score
$1.4MRevenue
$3.0MAssets
2Red Flags
3Strengths
Red Flags
Expenses consistently exceeding revenue in recent periods (e.g., 2023 expenses $561,083 vs. revenue $76,843)
Unusual consistent reporting of $1 in liabilities across all filings, which may obscure actual financial obligations or reporting practices.
Strengths
Zero officer compensation reported, indicating efficient use of funds for leadership.
Significant long-term asset growth, from $627,931 in 2011 to $2,973,590 in the latest period.
Consistent filing history (10 filings), demonstrating transparency in reporting.
Spending Breakdown
How Forster Family Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Forster Family Foundation Inc
Is Forster Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Forster Family Foundation Inc (EIN: 203369497) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Forster Family Foundation Inc a good charity to donate to?
Forster Family Foundation Inc has a Mission Score of 75/100. Revenue: $1.4M. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Forster Family Foundation Inc?
The Employer Identification Number (EIN) for Forster Family Foundation Inc is 203369497. 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 Forster Family Foundation Inc spend its money?
Forster Family Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Forster Family Foundation Inc's tax-exempt status?
You can verify Forster Family Foundation Inc's tax-exempt status using EIN 203369497 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 Forster Family Foundation Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the foundation's overall financial health appears stable with growing assets over the long term, reaching $2,973,590 in the latest period. However, recent years show a trend where expenses have exceeded revenue, particularly in 2023 ($561,083 expenses vs. $76,843 revenue) and 2022 ($553,600 expenses vs. $392,681 revenue). This suggests the foundation is drawing down on its assets or relying on prior year surpluses to fund its operations, which warrants closer examination of its long-term sustainability strategy. The consistent reporting of $1 in liabilities across all periods is unusual and may indicate a simplified reporting approach or that the foundation primarily operates as a grant-making entity with minimal operational liabilities.