Is Foundation For Self Leadership Legit? —…

Quick charity verification for Foundation For Self Leadership (EIN: 201318139)

Spending Breakdown

How Foundation For Self Leadership 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 Self Leadership

Is Foundation For Self Leadership a legitimate charity?

Based on AI analysis of IRS 990 filings, Foundation For Self Leadership (EIN: 201318139) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Foundation For Self Leadership a good charity to donate to?

Foundation For Self Leadership has a Mission Score of 75/100. Revenue: $416K. Assets: $385K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Foundation For Self Leadership?

The Employer Identification Number (EIN) for Foundation For Self Leadership is 201318139. 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 Self Leadership spend its money?

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

How can I verify Foundation For Self Leadership's tax-exempt status?

You can verify Foundation For Self Leadership's tax-exempt status using EIN 201318139 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 Foundation For Self Leadership demonstrates a mixed financial picture. While the organization has shown significant growth in revenue over the past decade, from $40,206 in 2014 to $396,141 in 2023, it has also experienced periods of substantial deficit spending. For instance, in 2023, expenses of $510,080 significantly outstripped revenue of $396,141, leading to a decrease in assets from $453,896 in 2022 to $331,989 in 2023. This trend of expenses exceeding revenue was also observed in 2022 and 2018, indicating potential challenges in maintaining financial equilibrium despite overall growth.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which suggests a volunteer-driven leadership or that compensation is structured in a way not reported as officer compensation on these forms. This practice, if truly indicative of unpaid leadership, can be a positive sign for donors as it implies more resources are directed towards the mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging.

Overall, the Foundation For Self Leadership appears to be a growing organization, but its financial stability is somewhat volatile, with recent years showing significant operating losses. The lack of officer compensation is a strong positive for transparency and efficiency, but the organization should aim for more consistent financial management to avoid repeated deficits and ensure long-term sustainability. Further details on expense allocation would provide a clearer picture of its spending efficiency.

Is Foundation For Self Leadership Legit?

Verdict: Foundation For Self Leadership appears trustworthy

Red Flags

Strengths