Is Fred H And Mary S Dore Charitable Ffoundation Legit?
Quick charity verification for Fred H And Mary S Dore Charitable Ffoundation (EIN: 204749617)
Verdict: Fred H And Mary S Dore Charitable Ffoundation appears trustworthy
90/100Mission Score
$759KRevenue
$3.3MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Zero officer compensation reported across all filings, indicating high efficiency.
Consistent grantmaking, often exceeding annual revenue, demonstrating active charitable distribution.
Stable and growing asset base, from $2.1M in 2011 to over $3M in 2023, ensuring long-term sustainability.
Strong transparency with a decade of consistent IRS 990 filings.
Spending Breakdown
How Fred H And Mary S Dore Charitable Ffoundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Fred H And Mary S Dore Charitable Ffoundation
Is Fred H And Mary S Dore Charitable Ffoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fred H And Mary S Dore Charitable Ffoundation (EIN: 204749617) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Fred H And Mary S Dore Charitable Ffoundation a good charity to donate to?
Fred H And Mary S Dore Charitable Ffoundation has a Mission Score of 90/100. Revenue: $759K. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fred H And Mary S Dore Charitable Ffoundation?
The Employer Identification Number (EIN) for Fred H And Mary S Dore Charitable Ffoundation is 204749617. 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 Fred H And Mary S Dore Charitable Ffoundation spend its money?
Fred H And Mary S Dore Charitable Ffoundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fred H And Mary S Dore Charitable Ffoundation's tax-exempt status?
You can verify Fred H And Mary S Dore Charitable Ffoundation's tax-exempt status using EIN 204749617 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 Fred H And Mary S Dore Charitable Foundation operates as a private foundation, primarily distributing grants. Its financial health appears stable, with assets consistently above $2.7 million in recent years, reaching $3,027,892 in 2023. While revenue has fluctuated, with a notable high of $245,528 in 2023, the foundation consistently expends funds, often exceeding its annual revenue, indicating active grantmaking. For instance, in 2022, expenses were $177,445 against revenue of $87,923.
Spending efficiency is generally high for a grant-making foundation, as most expenses are direct grants. The absence of officer compensation reported across all filings suggests that administrative costs are likely minimal and primarily related to operational overhead for grant distribution. This structure inherently promotes a high program spending ratio.
Transparency is strong, as evidenced by consistent IRS 990 filings over a decade and the clear reporting of zero officer compensation. The foundation's financial data is readily available, allowing for public scrutiny of its grantmaking activities and financial management.