Is Friends Of Bonobos Legit?

Quick charity verification for Friends Of Bonobos (EIN: 200347301)

Verdict: Friends Of Bonobos appears trustworthy

92/100Mission Score
$1.5MRevenue
$449KAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Friends Of Bonobos 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 Friends Of Bonobos

Is Friends Of Bonobos a legitimate charity?

Based on AI analysis of IRS 990 filings, Friends Of Bonobos (EIN: 200347301) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Friends Of Bonobos a good charity to donate to?

Friends Of Bonobos has a Mission Score of 92/100. Revenue: $1.5M. Assets: $449K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Friends Of Bonobos?

The Employer Identification Number (EIN) for Friends Of Bonobos is 200347301. 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 Friends Of Bonobos spend its money?

Friends Of Bonobos allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Friends Of Bonobos's tax-exempt status?

You can verify Friends Of Bonobos's tax-exempt status using EIN 200347301 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

Friends Of Bonobos demonstrates a generally stable financial position, with revenues consistently exceeding or closely matching expenses in most recent years. For example, in 2021, revenue was $1,290,531 against expenses of $1,256,799, indicating sound financial management. However, the 2022 period saw expenses ($1,328,425) exceed revenue ($1,123,443), resulting in a deficit for that year. Despite this, the organization has shown growth in assets over time, reaching $449,271 currently, up from $192,508 in 2022, suggesting effective asset accumulation. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances donor confidence and reflects a highly efficient use of resources in terms of administrative overhead related to leadership.

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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