Quick charity verification for Friends Of Burma Inc (EIN: 205572384)
Verdict: Friends Of Burma Inc appears trustworthy
85/100Mission Score
$565KRevenue
$245KAssets
2Red Flags
4Strengths
Red Flags
Significant deficit spending in 2023 ($733,330 expenses vs. $630,474 revenue)
Decrease in assets by over $100,000 from 2022 to 2023 ($305,761 to $200,850)
Strengths
Consistently reports 0% officer compensation, indicating a volunteer-driven or highly efficient executive structure.
Maintains zero liabilities across most filing periods, demonstrating strong financial management and no debt.
Historically strong revenue generation, often exceeding $500,000 annually.
Significant asset base built up over time, providing a buffer for operations (e.g., $305,761 in 2022).
Spending Breakdown
How Friends Of Burma Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Burma Inc
Is Friends Of Burma Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Burma Inc (EIN: 205572384) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Friends Of Burma Inc a good charity to donate to?
Friends Of Burma Inc has a Mission Score of 85/100. Revenue: $565K. Assets: $245K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Burma Inc?
The Employer Identification Number (EIN) for Friends Of Burma Inc is 205572384. 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 Burma Inc spend its money?
Friends Of Burma Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Burma Inc's tax-exempt status?
You can verify Friends Of Burma Inc's tax-exempt status using EIN 205572384 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 Burma Inc demonstrates a generally strong commitment to its program services, with a notable absence of officer compensation reported across all available filings, indicating a volunteer-driven or very lean administrative structure. The organization's revenue has fluctuated, with a significant increase in expenses in 2023 ($733,330) exceeding revenue ($630,474), leading to a decrease in assets from $305,761 in 2022 to $200,850 in 2023. This recent deficit spending warrants attention, though it follows a period of healthy surpluses in 2022. The organization consistently reports zero liabilities, which is a positive indicator of financial stability and responsible management of debt.
While the lack of officer compensation is a positive for transparency and efficiency, the absence of detailed functional expense breakdowns (program, administrative, fundraising) in the provided data makes a precise assessment of spending efficiency challenging. However, the consistent reporting of zero liabilities and the historical trend of expenses generally aligning with or being slightly below revenue (with the exception of 2023 and some earlier years like 2015 and 2016) suggest a focus on direct mission-related activities. The organization's assets have shown variability, peaking in 2022, but the recent decline due to higher expenses in 2023 suggests a need to monitor financial planning to ensure long-term sustainability.
Overall, Friends Of Burma Inc appears to be a transparent organization regarding executive compensation and liabilities. Its financial health, while generally stable, shows a recent dip in 2023 where expenses outpaced revenue, drawing down assets. Further detailed expense data would enhance the assessment of its spending efficiency, but the current information points to a lean operation focused on its mission.