Quick charity verification for Friends Of Spannocchia (EIN: 20549816)
Verdict: Friends Of Spannocchia appears trustworthy
88/100Mission Score
$669KRevenue
$464KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, particularly from $200,159 in 2021 to $567,761 in 2023.
Zero reported officer compensation across all 13 filings, indicating volunteer leadership.
Significant increase in assets from $169,468 in 2021 to $340,920 in 2023, improving financial stability.
Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.
Positive net income in recent years (e.g., $76,015 surplus in 2023) contributing to asset growth.
Spending Breakdown
How Friends Of Spannocchia 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 Spannocchia
Is Friends Of Spannocchia a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Spannocchia (EIN: 20549816) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
Is Friends Of Spannocchia a good charity to donate to?
Friends Of Spannocchia has a Mission Score of 88/100. Revenue: $669K. Assets: $464K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Spannocchia?
The Employer Identification Number (EIN) for Friends Of Spannocchia is 20549816. 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 Spannocchia spend its money?
Friends Of Spannocchia allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Spannocchia's tax-exempt status?
You can verify Friends Of Spannocchia's tax-exempt status using EIN 20549816 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 Spannocchia demonstrates a generally healthy financial trajectory, particularly in recent years. The organization has shown consistent revenue growth, with a significant jump from $200,159 in 2021 to $567,761 in 2023. This growth is also reflected in its asset base, which has more than doubled from $169,468 in 2021 to $340,920 in 2023, indicating improved financial stability and capacity. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission rather than executive salaries.
Spending efficiency appears to be reasonable, with expenses generally tracking below or closely aligned with revenue, leading to positive net assets in most recent periods. For instance, in 2023, expenses were $491,746 against revenues of $567,761, resulting in a surplus. The absence of officer compensation also suggests a high proportion of funds are likely allocated to program services and operational costs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited.
Transparency is high regarding executive compensation, as the organization consistently reports 0% officer compensation across all available filings. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public disclosure. While the provided data doesn't offer granular details on program spending ratios, the overall financial health and the clear reporting of no executive salaries contribute positively to its transparency profile.