Liabilities consistently outweighing assets, indicating potential insolvency ($61,393 liabilities vs. $14,021 assets in 2023).
Highly inconsistent revenue streams over the past decade, making financial planning challenging.
Strengths
Consistent reporting of 0% officer compensation, ensuring funds are not diverted to executive salaries.
Long filing history (12 filings) indicates consistent compliance with IRS reporting requirements.
Spending Breakdown
How Foundation For West Africa allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 West Africa
Is Foundation For West Africa a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For West Africa (EIN: 202863281) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Foundation For West Africa a good charity to donate to?
Foundation For West Africa has a Mission Score of 45/100. Revenue: $13K. Assets: $14K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Foundation For West Africa?
The Employer Identification Number (EIN) for Foundation For West Africa is 202863281. 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 West Africa spend its money?
Foundation For West Africa allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Foundation For West Africa's tax-exempt status?
You can verify Foundation For West Africa's tax-exempt status using EIN 202863281 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 West Africa exhibits inconsistent financial performance over the past decade, with significant fluctuations in both revenue and expenses. For instance, in 2023, the organization reported revenue of $10,188 against expenses of $21,933, indicating a deficit. This trend of expenses exceeding revenue is also visible in 2019 ($18,210 revenue vs. $98,061 expenses) and 2017 ($38,429 revenue vs. $96,821 expenses). While the organization consistently reports 0% officer compensation, which is a positive for resource allocation, its liabilities have grown substantially, reaching $61,393 in 2023, significantly outweighing its assets of $14,021. This suggests potential long-term financial instability and a reliance on debt or other non-revenue funding to cover operational costs.
The organization's financial health appears precarious given its recurring deficits and increasing liabilities. The lack of detailed expense breakdowns in the provided data makes it challenging to assess spending efficiency beyond the absence of executive compensation. However, the consistent reporting of 0% officer compensation indicates a commitment to directing funds away from top-level salaries. Transparency regarding program spending versus administrative and fundraising costs would further enhance the assessment of its financial health and efficiency.