Quick charity verification for Friends Of Fort Williams Park (EIN: 10544684)
Verdict: Friends Of Fort Williams Park appears trustworthy
95/100Mission Score
$255KRevenue
$667KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $121,488 in 2019 to $243,798 in 2023.
Significant asset growth, from $282,052 in 2020 to $505,083 in 2023.
Zero officer compensation reported across all filings, indicating volunteer leadership.
Low liabilities, with $0 reported in 2023, suggesting strong financial health.
Consistent IRS 990 filing history (14 filings), demonstrating transparency.
Spending Breakdown
How Friends Of Fort Williams Park 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 Friends Of Fort Williams Park
Is Friends Of Fort Williams Park a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Fort Williams Park (EIN: 10544684) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Friends Of Fort Williams Park a good charity to donate to?
Friends Of Fort Williams Park has a Mission Score of 95/100. Revenue: $255K. Assets: $667K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Fort Williams Park?
The Employer Identification Number (EIN) for Friends Of Fort Williams Park is 10544684. 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 Fort Williams Park spend its money?
Friends Of Fort Williams Park allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Fort Williams Park's tax-exempt status?
You can verify Friends Of Fort Williams Park's tax-exempt status using EIN 10544684 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 Fort Williams Park demonstrates strong financial health and efficient spending. Over the past five years, the organization has consistently increased its revenue, from $121,488 in 2019 to $243,798 in 2023, indicating growing support. Their asset base has also shown significant growth, nearly doubling from $282,052 in 2020 to $505,083 in 2023, suggesting sound financial management and accumulation of resources. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission.
The spending efficiency is commendable, with expenses in 2023 ($126,487) being significantly lower than revenue ($243,798), allowing for asset growth. While specific program spending percentages aren't detailed in the provided data, the absence of officer compensation and low liabilities suggest a focus on mission-related activities. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency and regulatory compliance.
Overall, Friends Of Fort Williams Park appears to be a well-managed and financially stable nonprofit. Their consistent growth in revenue and assets, coupled with zero officer compensation and minimal liabilities, paints a picture of an organization effectively utilizing its resources to support its mission.