Is Freestyle Percussion Foundation Inc Legit?

Quick charity verification for Freestyle Percussion Foundation Inc (EIN: 203942518)

Verdict: Freestyle Percussion Foundation Inc appears trustworthy

75/100Mission Score
$84KRevenue
$51KAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Freestyle Percussion Foundation Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
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 Freestyle Percussion Foundation Inc

Is Freestyle Percussion Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Freestyle Percussion Foundation Inc (EIN: 203942518) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Freestyle Percussion Foundation Inc a good charity to donate to?

Freestyle Percussion Foundation Inc has a Mission Score of 75/100. Revenue: $84K. Assets: $51K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Freestyle Percussion Foundation Inc?

The Employer Identification Number (EIN) for Freestyle Percussion Foundation Inc is 203942518. 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 Freestyle Percussion Foundation Inc spend its money?

Freestyle Percussion Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Freestyle Percussion Foundation Inc's tax-exempt status?

You can verify Freestyle Percussion Foundation Inc's tax-exempt status using EIN 203942518 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

Freestyle Percussion Foundation Inc demonstrates a fluctuating financial picture over the past three years. While the organization reported a significant revenue spike in 2022 ($563,612), this was accompanied by even higher expenses ($574,443), indicating a deficit for that period. The latest filing for 2023 shows revenue of $135,589 and expenses of $134,787, suggesting a return to a more balanced, albeit smaller, operational scale. The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The asset base has remained relatively stable, hovering around $45,000-$49,000, with liabilities present in the last two periods, reaching $20,598 in 2023.

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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