Is Foster Family Charitable Foundation Legit?

Quick charity verification for Foster Family Charitable Foundation (EIN: 208383467)

Verdict: Foster Family Charitable Foundation shows mixed signals

60/100Mission Score
$422KRevenue
$468KAssets
4Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Foster Family Charitable 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
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 Foster Family Charitable Foundation

Is Foster Family Charitable Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Foster Family Charitable Foundation (EIN: 208383467) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.

Is Foster Family Charitable Foundation a good charity to donate to?

Foster Family Charitable Foundation has a Mission Score of 60/100. Revenue: $422K. Assets: $468K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Foster Family Charitable Foundation?

The Employer Identification Number (EIN) for Foster Family Charitable Foundation is 208383467. 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 Foster Family Charitable Foundation spend its money?

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

How can I verify Foster Family Charitable Foundation's tax-exempt status?

You can verify Foster Family Charitable Foundation's tax-exempt status using EIN 208383467 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 Foster Family Charitable Foundation exhibits a mixed financial picture. While the organization consistently files its IRS Form 990s, indicating a commitment to transparency, its financial health shows significant fluctuations. For instance, in 2013, it reported a negative revenue of -$356,221, which is highly unusual for a nonprofit. More recently, its revenue has been relatively low, with $28,176 in 2023 and $25,280 in 2022, often falling short of expenses, such as $33,116 in expenses for 2023. This suggests a reliance on existing assets or inconsistent funding streams. The organization's assets have also seen considerable changes, peaking at $2,557,636 in 2019 before dropping to $467,687 in 2023, indicating a substantial divestment or significant spending during that period. The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings is a positive indicator regarding executive spending. The recurring pattern of expenses exceeding revenue in several years (e.g., 2023, 2020, 2015, 2012, 2011) raises questions about long-term financial sustainability if this trend continues without significant asset utilization or new revenue sources. The substantial drop in assets from 2019 to 2023 also warrants further investigation to understand the nature of these expenditures or asset reallocations. Overall, while the foundation is transparent in its basic filings and avoids executive compensation, its financial stability and spending efficiency are questionable due to inconsistent revenue, periods of significant asset reduction, and expenses frequently outpacing income. A deeper dive into the specific line items of their 990s would be necessary to fully understand their operational efficiency and program impact.

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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