Is Full Circle Exchange International Inc…

Quick charity verification for Full Circle Exchange International Inc (EIN: 201825685)

Spending Breakdown

How Full Circle Exchange International Inc allocates its funds across programs, administration, and fundraising.

Program Spending

Concerning — less than half to programs

100%

Admin Costs

High — over 25% on administration

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 Full Circle Exchange International Inc

Is Full Circle Exchange International Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Full Circle Exchange International Inc (EIN: 201825685) has notable concerns. Mission Score: 10/100. 4 red flags identified, 2 strengths noted.

Is Full Circle Exchange International Inc a good charity to donate to?

Full Circle Exchange International Inc has a Mission Score of 10/100. Revenue: $485. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Full Circle Exchange International Inc?

The Employer Identification Number (EIN) for Full Circle Exchange International Inc is 201825685. 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 Full Circle Exchange International Inc spend its money?

Full Circle Exchange International Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Full Circle Exchange International Inc's tax-exempt status?

You can verify Full Circle Exchange International Inc's tax-exempt status using EIN 201825685 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

Full Circle Exchange International Inc. appears to be in a challenging financial position, as evidenced by its recent IRS 990 filings. In the latest period (202212), the organization reported only $485 in revenue against $135,572 in expenses, indicating a significant operational deficit. This trend of expenses vastly exceeding revenue has been consistent since at least 2019, with revenue plummeting from a high of $3,685,935 in 2014 to less than $1,500 in recent years. While the organization maintains substantial assets of $1,283,777, a significant portion is offset by liabilities of $1,273,921, leaving very little unrestricted net assets.

The drastic decline in revenue raises serious questions about the sustainability of its programs and its ability to fulfill its mission. The organization's spending efficiency is difficult to assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, given the minimal revenue, any significant spending would inherently represent a high overhead relative to current operational income. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive costs, which is a positive sign for transparency in that specific area.

Overall, the financial health of Full Circle Exchange International Inc. is concerning due to its near-zero revenue generation in recent years while still incurring substantial expenses. This situation suggests either a significant change in operational model, a winding down of activities, or a reliance on prior period assets to cover current costs. Further investigation into the nature of its current activities and the source of funding for its expenses would be necessary for a complete understanding.

Is Full Circle Exchange International Inc Legit?

Verdict: Full Circle Exchange International Inc has notable concerns

Red Flags

Strengths