Is Franklin Covey Care Fund Legit?

Quick charity verification for Franklin Covey Care Fund (EIN: 204283790)

Verdict: Franklin Covey Care Fund appears trustworthy

95/100Mission Score
$69KRevenue
$613KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Franklin Covey Care Fund 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 Franklin Covey Care Fund

Is Franklin Covey Care Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Franklin Covey Care Fund (EIN: 204283790) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Franklin Covey Care Fund a good charity to donate to?

Franklin Covey Care Fund has a Mission Score of 95/100. Revenue: $69K. Assets: $613K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Franklin Covey Care Fund?

The Employer Identification Number (EIN) for Franklin Covey Care Fund is 204283790. 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 Franklin Covey Care Fund spend its money?

Franklin Covey Care Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Franklin Covey Care Fund's tax-exempt status?

You can verify Franklin Covey Care Fund's tax-exempt status using EIN 204283790 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 Franklin Covey Care Fund demonstrates consistent financial health with a steady revenue stream, averaging around $60,000-$65,000 annually over the past decade. The organization maintains a strong asset base, which has grown from $193,604 in 2014 to $538,028 in 2023, indicating sound financial management and accumulation of resources. A key strength is the consistently low expense ratio relative to revenue, particularly in 2023 where expenses were only $9,157 against $60,424 in revenue, suggesting efficient operations and a high proportion of funds retained or directed towards its mission. The organization also reports zero liabilities across all available filings, which is a significant indicator of financial stability and responsible fiscal practices. The absence of officer compensation further enhances its transparency and commitment to directing resources to its charitable purpose.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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