Officer compensation reported as 0% for an organization of this size, which may require further clarification from detailed filings.
Strengths
Consistent revenue growth, increasing from $32.7M in 2014 to $47.5M in 2023.
Maintained financial surpluses in most years (e.g., $1,106,951 in 2023), indicating fiscal responsibility.
Steady growth in assets from $24.9M in 2014 to $26.9M in 2023, enhancing long-term stability.
Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency.
Low liabilities relative to assets (e.g., $7.1M liabilities vs. $26.9M assets in 2023), indicating a strong balance sheet.
Spending Breakdown
How Franziska Racker Centers Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Franziska Racker Centers Inc
Is Franziska Racker Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Franziska Racker Centers Inc (EIN: 150581887) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Franziska Racker Centers Inc a good charity to donate to?
Franziska Racker Centers Inc has a Mission Score of 85/100. Revenue: $49.4M. Assets: $27.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Franziska Racker Centers Inc?
The Employer Identification Number (EIN) for Franziska Racker Centers Inc is 150581887. 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 Franziska Racker Centers Inc spend its money?
Franziska Racker Centers Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Franziska Racker Centers Inc's tax-exempt status?
You can verify Franziska Racker Centers Inc's tax-exempt status using EIN 150581887 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
Franziska Racker Centers Inc demonstrates consistent financial health with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $47,558,198 against expenses of $46,451,247, indicating a surplus. The organization's assets have also shown steady growth, reaching $26,938,844 in 2023 from $24,988,233 in 2014, suggesting good financial management and stability. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency.
While specific breakdowns for program, administrative, and fundraising spending are not provided in the summary data, the overall financial picture suggests efficient operations given the consistent surpluses. The absence of reported officer compensation across all filings is a notable point regarding executive remuneration, potentially indicating a volunteer-led executive board or that compensation is reported differently within the detailed 990 forms not summarized here. This could be a strength in terms of resource allocation or a point requiring further investigation for full transparency.
Overall, Franziska Racker Centers Inc appears to be a financially stable organization with a history of responsible fiscal management. The growth in revenue and assets, coupled with consistent filing, points to a well-managed and transparent entity, though a deeper dive into the detailed spending categories would provide a more granular view of spending efficiency.