How Friends Of Ncvma Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Ncvma Foundation Inc
Is Friends Of Ncvma Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Ncvma Foundation Inc (EIN: 113779599) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Friends Of Ncvma Foundation Inc a good charity to donate to?
Friends Of Ncvma Foundation Inc has a Mission Score of 90/100. Revenue: $233K. Assets: $469K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Ncvma Foundation Inc?
The Employer Identification Number (EIN) for Friends Of Ncvma Foundation Inc is 113779599. 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 Ncvma Foundation Inc spend its money?
Friends Of Ncvma Foundation Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Ncvma Foundation Inc's tax-exempt status?
You can verify Friends Of Ncvma Foundation Inc's tax-exempt status using EIN 113779599 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 Ncvma Foundation Inc demonstrates consistent financial health with a steady growth in assets over the past nine years, from $141,850 in 2015 to $323,739 in 2023. The organization consistently reports zero liabilities, indicating a strong balance sheet and responsible financial management. Their spending efficiency appears robust, with expenses generally well below revenue, allowing for asset accumulation. For example, in 2023, revenue was $36,319 against expenses of $14,338. The organization's transparency is high, as evidenced by the consistent filing of IRS Form 990s and the clear reporting of financial data, including zero officer compensation across all reported periods.
The foundation's financial operations show a conservative approach, with revenues consistently exceeding expenses, contributing to a healthy reserve. While specific program spending details are not provided in the summary data, the overall financial picture suggests a well-managed entity focused on maintaining solvency and building its asset base. The absence of officer compensation is a significant positive indicator of resource allocation towards the mission rather than administrative overhead related to executive pay. This financial stability positions the organization well for future programmatic endeavors.