Quick charity verification for Frameworks Of Tampa Bay Inc (EIN: 208776228)
Verdict: Frameworks Of Tampa Bay Inc appears trustworthy
92/100Mission Score
$1.8MRevenue
$1.0MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which may obscure actual executive remuneration methods.
Strengths
Consistent revenue growth, increasing from $788,905 in 2020 to $1,898,562 in 2024.
Strong asset growth, reaching $1,210,191 in 2024.
No reported officer compensation, suggesting high efficiency in directing funds to programs.
Positive net income in the most recent fiscal year (2024), with revenue exceeding expenses by approximately $50,000.
Extensive filing history (14 filings), demonstrating strong transparency and compliance.
Spending Breakdown
How Frameworks Of Tampa Bay Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Frameworks Of Tampa Bay Inc
Is Frameworks Of Tampa Bay Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Frameworks Of Tampa Bay Inc (EIN: 208776228) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Frameworks Of Tampa Bay Inc a good charity to donate to?
Frameworks Of Tampa Bay Inc has a Mission Score of 92/100. Revenue: $1.8M. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frameworks Of Tampa Bay Inc?
The Employer Identification Number (EIN) for Frameworks Of Tampa Bay Inc is 208776228. 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 Frameworks Of Tampa Bay Inc spend its money?
Frameworks Of Tampa Bay Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frameworks Of Tampa Bay Inc's tax-exempt status?
You can verify Frameworks Of Tampa Bay Inc's tax-exempt status using EIN 208776228 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
Frameworks Of Tampa Bay Inc demonstrates a generally stable financial position with consistent revenue growth over the past several years, particularly noting a significant increase from $788,905 in 2020 to $1,898,562 in 2024. The organization's assets have also shown a healthy trend, reaching $1,210,191 in 2024. While expenses have largely tracked revenue, there was a period in 2023 where expenses ($1,758,565) exceeded revenue ($1,568,984), indicating a temporary deficit. However, the most recent filing for 2024 shows a positive net income, with revenue exceeding expenses by approximately $50,000.
The organization's spending efficiency appears to be strong, as indicated by the absence of reported officer compensation, suggesting that a higher proportion of funds are directed towards programmatic activities rather than executive salaries. The consistent growth in both revenue and assets, alongside a relatively low liability-to-asset ratio (e.g., $260,813 liabilities against $1,210,191 assets in 2024), points to prudent financial management. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available, providing a comprehensive historical financial record.
Overall, Frameworks Of Tampa Bay Inc exhibits good financial health, with a positive growth trajectory and responsible management of its resources. The lack of reported officer compensation is a notable positive indicator for spending efficiency and donor confidence.