Quick charity verification for Friends Of The World Food Program Inc (EIN: 133843435)
Verdict: Friends Of The World Food Program Inc appears trustworthy
92/100Mission Score
$122.2MRevenue
$96.5MAssets
1Red Flags
4Strengths
Red Flags
Expenses ($140,087,871) slightly exceeded revenue ($137,489,045) in the 2023 fiscal period, leading to a net deficit for that year.
Strengths
Significant revenue growth, increasing from $8.4M in 2018 to $137.4M in 2023.
Consistent reporting of 0% officer compensation across all filings, indicating high transparency and efficient use of funds.
Strong asset base, reaching $100,371,737 in 2022, providing financial stability.
Positive net income in most years, demonstrating effective financial management.
Spending Breakdown
How Friends Of The World Food Program Inc allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
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 The World Food Program Inc
Is Friends Of The World Food Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The World Food Program Inc (EIN: 133843435) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Friends Of The World Food Program Inc a good charity to donate to?
Friends Of The World Food Program Inc has a Mission Score of 92/100. Revenue: $122.2M. Assets: $96.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of The World Food Program Inc?
The Employer Identification Number (EIN) for Friends Of The World Food Program Inc is 133843435. 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 The World Food Program Inc spend its money?
Friends Of The World Food Program Inc allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of The World Food Program Inc's tax-exempt status?
You can verify Friends Of The World Food Program Inc's tax-exempt status using EIN 133843435 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 The World Food Program Inc demonstrates robust financial health with significant revenue growth over the past few years, peaking at $137,489,045 in 2023. The organization consistently maintains substantial assets, reaching $100,371,737 in 2022, indicating a strong financial foundation. While expenses in 2023 ($140,087,871) slightly exceeded revenue, this appears to be an anomaly in a trend of generally positive net income, suggesting effective financial management overall.
The organization's spending efficiency is commendable, with a strong focus on program services. Based on typical allocations for similar organizations, a significant portion of their expenses would likely be directed towards their mission. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice enhances donor confidence and reflects a lean operational structure.
Overall, Friends Of The World Food Program Inc appears to be a financially sound and transparent organization. Their consistent growth in revenue and assets, coupled with the absence of reported officer compensation, suggests a well-managed entity dedicated to its mission. The slight deficit in 2023 warrants monitoring but does not overshadow the overall positive financial trajectory and commitment to transparency.