Quick charity verification for Foundation For The Challenged (EIN: 10619670)
Verdict: Foundation For The Challenged appears trustworthy
90/100Mission Score
$4.2MRevenue
$27.3MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the last two reported periods (2022 and 2023), potentially drawing down assets if not reversed.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong dedication to mission.
Substantial asset base ($25.7 million in 2023) provides significant financial stability.
Long history of IRS 990 filings (13 filings) demonstrates transparency and compliance.
Relatively stable expense levels over a decade, suggesting predictable operational costs.
Spending Breakdown
How Foundation For The Challenged 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 Foundation For The Challenged
Is Foundation For The Challenged a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For The Challenged (EIN: 10619670) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Foundation For The Challenged a good charity to donate to?
Foundation For The Challenged has a Mission Score of 90/100. Revenue: $4.2M. Assets: $27.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Foundation For The Challenged?
The Employer Identification Number (EIN) for Foundation For The Challenged is 10619670. 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 The Challenged spend its money?
Foundation For The Challenged allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Foundation For The Challenged's tax-exempt status?
You can verify Foundation For The Challenged's tax-exempt status using EIN 10619670 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 The Challenged demonstrates a consistent financial profile with substantial assets relative to its annual expenses. Over the past decade, the organization has maintained assets well over $18 million, reaching $27.2 million in 2021, indicating strong financial stability. While revenue has fluctuated, ranging from $1.6 million to $4.9 million annually, expenses have remained relatively stable, typically around $2.0-$2.3 million per year. This suggests a predictable operational cost structure.
The organization's spending efficiency appears sound, with expenses generally lower than revenue in most years, contributing to asset growth. For instance, in 2021, revenue was $3.1 million against expenses of $1.9 million. However, in 2022 and 2023, expenses ($2.17M and $2.15M respectively) exceeded revenue ($1.69M and $1.97M), leading to a slight decrease in assets. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards the mission rather than executive salaries, which is a strong positive for transparency and donor confidence.
Overall, Foundation For The Challenged appears to be a financially stable organization with a good track record of managing its resources. The absence of officer compensation is a significant indicator of its dedication to its mission. While recent years show expenses slightly outpacing revenue, its substantial asset base provides a strong buffer, and its consistent filing history suggests good financial oversight.