Is Fulmont Community Action Agency Inc Legit?

Quick charity verification for Fulmont Community Action Agency Inc (EIN: 141493100)

Verdict: Fulmont Community Action Agency Inc appears trustworthy

80/100Mission Score

$5.9MRevenue

$1.1MAssets

2Red Flags

4Strengths

Red Flags

Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in how leadership is compensated or structured.
Expenses frequently exceed revenue by small margins (e.g., $6,024,925 expenses vs. $5,734,734 revenue in 2023), suggesting tight operational budgeting that could lead to reliance on reserves or future funding.

Strengths

Consistent financial reporting with 13 filings, demonstrating strong compliance and transparency.
Stable revenue base, consistently operating between $4 million and $6 million annually over the past decade.
Healthy asset-to-liability ratio, indicating strong financial solvency (e.g., $1,349,088 assets vs. $674,703 liabilities in 2023).
Operational efficiency suggested by expenses closely tracking revenues, indicating resources are being utilized for current operations.

Spending Breakdown

How Fulmont Community Action Agency Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Fulmont Community Action Agency Inc

Is Fulmont Community Action Agency Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Fulmont Community Action Agency Inc (EIN: 141493100) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Fulmont Community Action Agency Inc a good charity to donate to?

Fulmont Community Action Agency Inc has a Mission Score of 80/100. Revenue: $5.9M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fulmont Community Action Agency Inc?

The Employer Identification Number (EIN) for Fulmont Community Action Agency Inc is 141493100. 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 Fulmont Community Action Agency Inc spend its money?

Fulmont Community Action Agency Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fulmont Community Action Agency Inc's tax-exempt status?

You can verify Fulmont Community Action Agency Inc's tax-exempt status using EIN 141493100 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

Fulmont Community Action Agency Inc demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, the organization reported revenues of $5,734,734 against expenses of $6,024,925, indicating a slight deficit. This trend of expenses sometimes exceeding revenue by a small margin is observable in several periods, such as 2019 ($5,478,127 revenue vs. $5,491,165 expenses) and 2018 ($5,390,699 revenue vs. $5,444,618 expenses). While not a significant concern given the overall scale, it suggests a tight operational budget. The organization's assets have fluctuated, reaching a high of $1,741,029 in 2022 before decreasing to $1,349,088 in 2023, while liabilities have remained manageable, indicating a stable financial position relative to its operations.

The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and operational structure, suggesting that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, or that the organization's structure does not include compensated officers in the traditional sense. This practice, if it means no compensation for top leadership, could be seen as a strength in terms of resource allocation directly to programs. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a complete assessment of spending efficiency is challenging. The organization's consistent filing history over 13 periods indicates a commitment to regulatory compliance and transparency in its financial reporting.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.