Quick charity verification for Foundations For Tomorrow Inc (EIN: 201919433)
Verdict: Foundations For Tomorrow Inc appears trustworthy
80/100Mission Score
$89KRevenue
$69KAssets
2Red Flags
4Strengths
Red Flags
Significant historical revenue volatility (e.g., $393,072 in 2011 vs. $24,596 in 2012)
Lack of detailed functional expense breakdown in provided data for full spending efficiency analysis
Strengths
Consistent 0% officer compensation across all reported periods
Positive net income in the most recent filing period (202312)
Growing assets in the most recent filing period ($58,055 in 202312 from $23,939 in 201212)
Healthy asset-to-liability ratio ($68,627 assets vs. $12,211 liabilities in 202312)
Spending Breakdown
How Foundations For Tomorrow Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Foundations For Tomorrow Inc
Is Foundations For Tomorrow Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundations For Tomorrow Inc (EIN: 201919433) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Foundations For Tomorrow Inc a good charity to donate to?
Foundations For Tomorrow Inc has a Mission Score of 80/100. Revenue: $89K. Assets: $69K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Foundations For Tomorrow Inc?
The Employer Identification Number (EIN) for Foundations For Tomorrow Inc is 201919433. 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 Foundations For Tomorrow Inc spend its money?
Foundations For Tomorrow Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Foundations For Tomorrow Inc's tax-exempt status?
You can verify Foundations For Tomorrow Inc's tax-exempt status using EIN 201919433 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
Foundations For Tomorrow Inc. demonstrates a mixed financial picture based on its IRS 990 filings. While the organization has shown growth in revenue and assets in its most recent filing period (202312), with revenue at $56,646 and assets at $58,055, its financial activity has been inconsistent over time. Notably, the 201112 period reported significantly higher revenue ($393,072) and expenses ($409,172) compared to subsequent years, suggesting a potential shift in scale or activity. The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator for donor confidence regarding executive pay.
The spending efficiency appears reasonable in the latest period, with expenses ($51,786) being slightly less than revenue ($56,646), resulting in a net positive. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests a focus on grantmaking, which typically involves lower direct program delivery costs but higher administrative oversight. The organization's transparency is good in terms of officer compensation reporting, but a more detailed functional expense breakdown would enhance understanding of its operational efficiency.