Is Forsythia Foundation Inc Legit?

Quick charity verification for Forsythia Foundation Inc (EIN: 203269375)

Verdict: Forsythia Foundation Inc shows mixed signals

45/100Mission Score
$531KRevenue
$2.9MAssets
4Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Forsythia Foundation Inc 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 Forsythia Foundation Inc

Is Forsythia Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Forsythia Foundation Inc (EIN: 203269375) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Forsythia Foundation Inc a good charity to donate to?

Forsythia Foundation Inc has a Mission Score of 45/100. Revenue: $531K. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Forsythia Foundation Inc?

The Employer Identification Number (EIN) for Forsythia Foundation Inc is 203269375. 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 Forsythia Foundation Inc spend its money?

Forsythia Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Forsythia Foundation Inc's tax-exempt status using EIN 203269375 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 Forsythia Foundation Inc. exhibits a concerning trend of declining revenue and consistent operating deficits in recent years. For instance, in 2023, the organization reported revenue of only $11,640 against expenses of $206,168, indicating a significant reliance on its asset base to cover operational costs. This pattern is not isolated, with similar deficits observed in 2022 ($35,793 revenue vs. $149,861 expenses) and 2021 ($83,811 revenue vs. $212,355 expenses). While the organization holds substantial assets of nearly $3 million, this consistent spending beyond its annual income is unsustainable long-term without a significant increase in fundraising or a reduction in expenses. The organization's financial health appears to be deteriorating, with assets decreasing from $3,160,331 in 2020 to $2,699,157 in 2023. The lack of reported officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive for efficiency. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, it's challenging to fully assess spending efficiency. The significant and consistent operating losses are a primary concern, indicating that the current financial model is not viable for sustained operations.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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