Quick charity verification for Frvbc Foundation (EIN: 202138865)
Verdict: Frvbc Foundation shows mixed signals
60/100Mission Score
$708KRevenue
$335KAssets
4Red Flags
2Strengths
Red Flags
Significant and consistent decline in revenue over the past four years, from $1.88M in 2019 to $356K in 2023.
Dramatic depletion of assets, from a peak of $2.4M in 2018 to just $20K in 2023.
Expenses frequently exceeding revenue in recent periods, indicating deficit spending and potential operational unsustainability.
High liabilities relative to current assets in some periods (e.g., 2023: Assets $20,625, Liabilities $97,098).
Strengths
Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
Historically demonstrated ability to generate substantial revenue (over $1.6M annually from 2016-2019).
Spending Breakdown
How Frvbc Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Frvbc Foundation
Is Frvbc Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Frvbc Foundation (EIN: 202138865) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 2 strengths noted.
Is Frvbc Foundation a good charity to donate to?
Frvbc Foundation has a Mission Score of 60/100. Revenue: $708K. Assets: $335K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frvbc Foundation?
The Employer Identification Number (EIN) for Frvbc Foundation is 202138865. 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 Frvbc Foundation spend its money?
Frvbc Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frvbc Foundation's tax-exempt status?
You can verify Frvbc Foundation's tax-exempt status using EIN 202138865 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
Frvbc Foundation has experienced significant financial volatility over the past several years. While the organization reported substantial revenues between 2016 and 2019, consistently exceeding $1.6 million, recent filings show a sharp decline. Revenue dropped from $1,880,456 in 2019 to $655,741 in 2020, and further to $214,571 in 2022, before a slight recovery to $356,690 in 2023. This trend indicates a challenging period for the organization's financial sustainability. Expenses have frequently outpaced revenue, particularly in recent years, leading to a depletion of assets from a peak of $2,427,157 in 2018 to just $20,625 in 2023, while liabilities have remained significant.
The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a lean approach to executive pay, which is a positive indicator for donor confidence regarding overhead. The substantial decline in assets and the recurring deficit spending in recent periods raise concerns about long-term operational viability and the ability to sustain programs at previous levels. Transparency regarding the reasons for the dramatic revenue and asset decline would be beneficial for stakeholders.