Is Foundation For Interdisciplinary Research & Education Promoting Legit?
Quick charity verification for Foundation For Interdisciplinary Research & Education Promoting (EIN: 161598935)
Verdict: Foundation For Interdisciplinary Research & Education Promoting has notable concerns
20/100Mission Score
$661Revenue
$2KAssets
4Red Flags
2Strengths
Red Flags
Consistent operational deficits, with expenses exceeding revenue in nearly all reported periods (e.g., $707 expenses vs. $475 revenue in 2023).
Liabilities ($11,316 in 2023) significantly outweighing assets ($1,755 in 2023), indicating a negative net asset position and potential insolvency.
Declining asset base over recent years (e.g., from $2,848 in 2019 to $1,755 in 2023).
Very low and inconsistent revenue generation, making it difficult to sustain operations.
Strengths
Consistent filing of IRS Form 990s, demonstrating basic compliance.
No reported officer compensation, suggesting a volunteer-driven model and potentially low administrative overhead in that specific area.
Spending Breakdown
How Foundation For Interdisciplinary Research & Education Promoting 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 Foundation For Interdisciplinary Research & Education Promoting
Is Foundation For Interdisciplinary Research & Education Promoting a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Interdisciplinary Research & Education Promoting (EIN: 161598935) has notable concerns. Mission Score: 20/100. 4 red flags identified, 2 strengths noted.
Is Foundation For Interdisciplinary Research & Education Promoting a good charity to donate to?
Foundation For Interdisciplinary Research & Education Promoting has a Mission Score of 20/100. Revenue: $661. Assets: $2K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Foundation For Interdisciplinary Research & Education Promoting?
The Employer Identification Number (EIN) for Foundation For Interdisciplinary Research & Education Promoting is 161598935. 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 Foundation For Interdisciplinary Research & Education Promoting spend its money?
Foundation For Interdisciplinary Research & Education Promoting allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Foundation For Interdisciplinary Research & Education Promoting's tax-exempt status?
You can verify Foundation For Interdisciplinary Research & Education Promoting's tax-exempt status using EIN 161598935 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
Foundation For Interdisciplinary Research & Education Promoting appears to be in a precarious financial state. With latest reported revenue of $661 and assets of $1,755, the organization consistently operates at a deficit, as evidenced by expenses exceeding revenue in nearly all reported periods (e.g., $707 expenses vs. $475 revenue in 2023, and $1,217 expenses vs. $630 revenue in 2021). This trend of spending more than it earns is unsustainable and has led to a significant accumulation of liabilities, reaching $11,316 in 2023, which far outweighs its current assets. The organization's financial health is concerning, with a negative net asset position indicating insolvency.
Spending efficiency is difficult to assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent operational deficits suggest that current spending levels are not aligned with revenue generation. The organization's small scale and lack of reported officer compensation might indicate a volunteer-driven model, but the persistent liabilities raise questions about how expenses are being covered and managed.
Transparency regarding executive compensation is high, as no officer compensation has been reported across all filings. However, the lack of detailed expense categories beyond total expenses limits the ability to fully understand where funds are being allocated. The consistent reporting of IRS Form 990s demonstrates a basic level of compliance, but the financial performance itself raises significant concerns about long-term viability and impact.