Quick charity verification for Frankenmuth Auto Fest Inc (EIN: 201445981)
Verdict: Frankenmuth Auto Fest Inc appears trustworthy
92/100Mission Score
$434KRevenue
$221KAssets
1Red Flags
5Strengths
Red Flags
Expenses exceeded revenue in the most recent 202312 period ($306,731 vs $267,527), which warrants monitoring.
Strengths
Consistent revenue and asset growth over the past decade.
Zero liabilities reported across all filings, indicating strong financial management and no debt.
0% officer compensation reported consistently, demonstrating high efficiency and dedication to mission.
Strong asset base, growing from $28,532 in 2015 to $189,354 in 2023.
High transparency with 13 IRS 990 filings available.
Spending Breakdown
How Frankenmuth Auto Fest 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 Frankenmuth Auto Fest Inc
Is Frankenmuth Auto Fest Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Frankenmuth Auto Fest Inc (EIN: 201445981) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Frankenmuth Auto Fest Inc a good charity to donate to?
Frankenmuth Auto Fest Inc has a Mission Score of 92/100. Revenue: $434K. Assets: $221K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frankenmuth Auto Fest Inc?
The Employer Identification Number (EIN) for Frankenmuth Auto Fest Inc is 201445981. 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 Frankenmuth Auto Fest Inc spend its money?
Frankenmuth Auto Fest Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frankenmuth Auto Fest Inc's tax-exempt status?
You can verify Frankenmuth Auto Fest Inc's tax-exempt status using EIN 201445981 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
Frankenmuth Auto Fest Inc demonstrates a generally healthy financial trajectory, with revenue and assets showing consistent growth over the past decade. For instance, revenue grew from $107,624 in 2015 to $267,527 in 2023, and assets increased from $28,532 to $189,354 over the same period. The organization consistently reports zero liabilities, indicating strong financial management and a lack of debt. While the 2023 period shows expenses ($306,731) exceeding revenue ($267,527), this appears to be an anomaly in an otherwise positive trend of revenue generally outpacing or closely matching expenses. The organization's transparency is high, as evidenced by 13 filings and consistent reporting of 0% officer compensation, suggesting a volunteer-driven or very lean operational structure at the leadership level. This commitment to minimal overhead at the top contributes positively to its overall financial health and public trust.
The organization's spending efficiency appears strong, particularly given the consistent 0% officer compensation reported across all filings. This indicates that a very high proportion of funds are likely directed towards program activities or operational costs directly supporting their mission, rather than executive salaries. The absence of liabilities further reinforces a prudent financial approach. The slight deficit in 2023 should be monitored but does not overshadow the long-term positive financial growth and asset accumulation. Overall, Frankenmuth Auto Fest Inc presents as a financially stable and transparent organization, effectively managing its resources to support its activities.