Quick charity verification for Fox Family Charitable Foundation Inc (EIN: 134197378)
Verdict: Fox Family Charitable Foundation Inc appears trustworthy
75/100Mission Score
$411KRevenue
$1.7MAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending, with expenses regularly exceeding revenue, leading to asset depletion.
Negative revenue reported in 2020 (-$46,788), indicating potential investment losses or significant returns of contributions.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for charitable purposes.
Substantial asset base ($1,698,352 in 2023) provides a strong foundation for grantmaking.
Low liabilities across most years, suggesting sound financial management and minimal debt.
Spending Breakdown
How Fox Family Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Fox Family Charitable Foundation Inc
Is Fox Family Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fox Family Charitable Foundation Inc (EIN: 134197378) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Fox Family Charitable Foundation Inc a good charity to donate to?
Fox Family Charitable Foundation Inc has a Mission Score of 75/100. Revenue: $411K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fox Family Charitable Foundation Inc?
The Employer Identification Number (EIN) for Fox Family Charitable Foundation Inc is 134197378. 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 Fox Family Charitable Foundation Inc spend its money?
Fox Family Charitable Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fox Family Charitable Foundation Inc's tax-exempt status?
You can verify Fox Family Charitable Foundation Inc's tax-exempt status using EIN 134197378 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 Fox Family Charitable Foundation Inc. appears to be a private foundation, as indicated by its consistent revenue and expense patterns, and the NTEE code T21 (Private Grantmaking Foundations). Over the past several years, the foundation has consistently operated with expenses exceeding its revenue, leading to a gradual decline in its asset base from $2,042,729 in 2012 to $1,698,352 in 2023. For instance, in 2023, expenses were $102,876 against revenue of $81,660, and in 2021, expenses were $116,741 against revenue of $47,968. This trend suggests that the foundation is primarily distributing grants from its endowment rather than significantly growing its principal through new contributions.
The organization's financial health, while stable in terms of asset base, shows a consistent draw-down. The absence of officer compensation across all reported periods suggests a volunteer-driven or minimally compensated leadership structure, which can be a positive indicator of efficiency. However, without detailed expense breakdowns for program, administrative, and fundraising costs, it's challenging to fully assess spending efficiency. The foundation's transparency is good in terms of filing its IRS 990s, but the lack of detailed program spending information within the provided data limits a deeper analysis of its direct impact.
Given its nature as a private grantmaking foundation, its primary 'program' activity is making grants. The consistent deficit spending indicates it is actively fulfilling its charitable purpose by distributing funds, even if it means drawing down its principal. The relatively low liabilities across most years also point to sound financial management in terms of debt.