Is Friends Of Canton Football Inc Legit? —…

Quick charity verification for Friends Of Canton Football Inc (EIN: 20762994)

Spending Breakdown

How Friends Of Canton Football Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Canton Football Inc

Is Friends Of Canton Football Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Friends Of Canton Football Inc (EIN: 20762994) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Friends Of Canton Football Inc a good charity to donate to?

Friends Of Canton Football Inc has a Mission Score of 80/100. Revenue: $46K. Assets: $50K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Friends Of Canton Football Inc?

The Employer Identification Number (EIN) for Friends Of Canton Football Inc is 20762994. 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 Canton Football Inc spend its money?

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

How can I verify Friends Of Canton Football Inc's tax-exempt status?

You can verify Friends Of Canton Football Inc's tax-exempt status using EIN 20762994 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 Canton Football Inc operates as a relatively small nonprofit, with its latest reported revenue at $46,447 and assets at $50,454. The organization consistently reports zero liabilities, indicating a healthy balance sheet and responsible financial management in that regard. However, the financial health shows some variability; for instance, in 2023, expenses ($52,076) exceeded revenue ($40,679), leading to a deficit. This trend of expenses occasionally surpassing revenue is observed in other years as well, such as 2022 ($44,151 expenses vs. $42,125 revenue) and 2020 ($31,139 expenses vs. $21,335 revenue), suggesting a need for more consistent revenue generation or tighter expense control to maintain long-term sustainability without drawing down assets. The organization's consistent filing of IRS Form 990s demonstrates a commitment to transparency, providing a clear history of its financial operations over more than a decade.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a significant positive indicator, suggesting that all funds are directed towards the organization's mission rather than executive salaries. This practice enhances the organization's efficiency by minimizing overhead related to leadership compensation. The organization's assets have fluctuated but remained relatively stable over the years, typically ranging between $46,000 and $62,000, which is appropriate for its scale of operations.

Overall, Friends Of Canton Football Inc appears to be a transparent organization given its consistent filings and zero liabilities. Its financial health, while generally stable, shows periods of deficit spending that warrant attention. The absence of officer compensation is a strong point for spending efficiency, indicating a volunteer-driven leadership model. To further enhance transparency and allow for a more precise assessment of spending efficiency, a detailed breakdown of expenses into program, administrative, and fundraising categories would be beneficial.

Is Friends Of Canton Football Inc Legit?

Verdict: Friends Of Canton Football Inc appears trustworthy

Red Flags

Strengths