Quick charity verification for Fountain City Classic Inc (EIN: 202587792)
Verdict: Fountain City Classic Inc appears trustworthy
85/100Mission Score
$654KRevenue
$494KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program vs. administrative spending breakdown in summary data
Unusually low liabilities in some periods (e.g., $0 in 201806) could indicate simplified reporting or specific operational structure.
Strengths
Consistent revenue generation exceeding expenses (e.g., $706,709 revenue vs. $633,319 expenses in 202406).
Significant growth in net assets over time (from $87,850 in 2016 to $595,363 in 2024).
Zero reported officer compensation across all 13 filings, indicating efficient use of funds for mission.
Strong history of IRS 990 compliance with 13 filings.
Positive financial surpluses in most recent periods, contributing to organizational stability.
Spending Breakdown
How Fountain City Classic Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Fountain City Classic Inc
Is Fountain City Classic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fountain City Classic Inc (EIN: 202587792) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Fountain City Classic Inc a good charity to donate to?
Fountain City Classic Inc has a Mission Score of 85/100. Revenue: $654K. Assets: $494K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fountain City Classic Inc?
The Employer Identification Number (EIN) for Fountain City Classic Inc is 202587792. 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 Fountain City Classic Inc spend its money?
Fountain City Classic Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fountain City Classic Inc's tax-exempt status?
You can verify Fountain City Classic Inc's tax-exempt status using EIN 202587792 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
Fountain City Classic Inc demonstrates generally sound financial health, with recent filings showing consistent revenue generation and positive net assets. For the period ending 202406, the organization reported revenue of $706,709 against expenses of $633,319, resulting in a surplus that contributed to an increase in assets to $595,363. This trend of revenue exceeding expenses is largely consistent over the past few years, indicating effective financial management and sustainability. The organization's assets have shown significant growth, nearly tripling from $205,049 in 2021 to $595,363 in 2024, suggesting prudent accumulation of resources.
Spending efficiency appears reasonable, though a detailed breakdown of program versus administrative and fundraising expenses is not explicitly provided in the summary data. However, the consistent surpluses suggest that overall expenses are managed within the bounds of revenue. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, indicating that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, demonstrating consistent compliance with reporting requirements. The consistent reporting of zero officer compensation across all periods is a key transparency point, indicating that the organization is not allocating funds to executive salaries. While specific program efficiency metrics would require deeper analysis of the full 990 forms, the available data points to a well-managed and transparent operation.