Quick charity verification for Fried Foundation Inc (EIN: 136197403)
Verdict: Fried Foundation Inc appears trustworthy
85/100Mission Score
$12.5MRevenue
$31.9MAssets
2Red Flags
4Strengths
Red Flags
NTEE code is unknown, limiting understanding of mission area
Lack of detailed expense breakdown beyond total expenses
Strengths
Strong asset growth, from $478,537 in 2012 to $31,906,654 currently
Consistently low expenses relative to revenue, indicating efficient operational management
No reported officer compensation, suggesting low administrative overhead
Significant financial capacity for grantmaking due to large asset base
Spending Breakdown
How Fried Foundation Inc 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 Fried Foundation Inc
Is Fried Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fried Foundation Inc (EIN: 136197403) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Fried Foundation Inc a good charity to donate to?
Fried Foundation Inc has a Mission Score of 85/100. Revenue: $12.5M. Assets: $31.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fried Foundation Inc?
The Employer Identification Number (EIN) for Fried Foundation Inc is 136197403. 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 Fried Foundation Inc spend its money?
Fried Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fried Foundation Inc's tax-exempt status?
You can verify Fried Foundation Inc's tax-exempt status using EIN 136197403 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 Fried Foundation Inc. demonstrates strong financial health with substantial and growing assets, reaching $31,906,654 in its latest filing. The organization consistently reports very low expenses relative to its revenue, indicating a significant capacity for asset accumulation and potentially large grantmaking activities. For instance, in 2022, it reported $15,829,952 in revenue against only $1,157,044 in expenses. This pattern suggests it operates primarily as a grantmaking foundation rather than a direct service provider, which typically has higher operational expenses.
The foundation's spending efficiency appears high in terms of operational overhead, as evidenced by its minimal expenses compared to revenue. However, without a detailed breakdown of program service expenses versus administrative and fundraising costs, a precise assessment of spending efficiency on its mission is challenging. The consistent reporting of $0 in officer compensation across all filings indicates a volunteer-led or externally managed structure, contributing to low administrative costs. The transparency is good regarding financial reporting through its 990 filings, but the lack of NTEE code and detailed expense breakdowns limits a deeper understanding of its programmatic focus and impact.