Consistent operating deficits (expenses exceeding revenue) across multiple years, such as $96,509 expenses vs. $36,821 revenue in 2023.
Slight but consistent decline in total assets over the past few years, from $3,273,138 in 2020 to $3,171,768 currently.
Strengths
Substantial asset base of over $3.1 million, providing significant capital for grantmaking.
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
Consistent IRS 990 filing history over 10 periods, demonstrating good transparency and compliance.
Very low liabilities ($1 across all periods), indicating strong financial stability and no significant debt.
Spending Breakdown
How Frances Plamann Charitable Tr allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Frances Plamann Charitable Tr
Is Frances Plamann Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Frances Plamann Charitable Tr (EIN: 206666494) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Frances Plamann Charitable Tr a good charity to donate to?
Frances Plamann Charitable Tr has a Mission Score of 75/100. Revenue: $77K. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frances Plamann Charitable Tr?
The Employer Identification Number (EIN) for Frances Plamann Charitable Tr is 206666494. 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 Frances Plamann Charitable Tr spend its money?
Frances Plamann Charitable Tr allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frances Plamann Charitable Tr's tax-exempt status?
You can verify Frances Plamann Charitable Tr's tax-exempt status using EIN 206666494 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 Frances Plamann Charitable Tr appears to be a private foundation, as indicated by its NTEE code A50 (Grantmaking Foundations) and consistent pattern of expenses exceeding revenue, drawing down from its substantial asset base. With assets of over $3.1 million in the latest period, the organization has significant capital. However, its financial health shows a consistent trend of operating deficits, with expenses of $96,509 against revenue of $36,821 in 2023, and similar patterns in prior years. This suggests it is primarily a grant-making entity distributing funds from its endowment rather than actively fundraising for operational costs.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative costs, which are not provided in the summary data. However, as a grantmaking foundation, its 'program' spending would primarily be the grants it distributes. The consistent lack of officer compensation suggests a lean operational structure, which is a positive indicator for efficiency. Transparency is generally good for organizations filing 990s, and the consistent filing history is a strength.
The organization's long-term sustainability relies on the performance of its investments, given the consistent revenue shortfalls relative to expenses. While assets have remained relatively stable over the past decade, slight declines are noted, from $3,273,138 in 2020 to $3,171,768 currently. This indicates that the foundation is distributing more than its investment income, which is typical for foundations aiming to fulfill their charitable purpose.