Long filing history (14 filings) suggests established operations and transparency.
Spending Breakdown
How Funding Arts Broward Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Funding Arts Broward Inc
Is Funding Arts Broward Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Funding Arts Broward Inc (EIN: 200151317) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Funding Arts Broward Inc a good charity to donate to?
Funding Arts Broward Inc has a Mission Score of 90/100. Revenue: $654K. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Funding Arts Broward Inc?
The Employer Identification Number (EIN) for Funding Arts Broward Inc is 200151317. 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 Funding Arts Broward Inc spend its money?
Funding Arts Broward Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Funding Arts Broward Inc's tax-exempt status?
You can verify Funding Arts Broward Inc's tax-exempt status using EIN 200151317 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
Funding Arts Broward Inc demonstrates a generally healthy financial position, with assets significantly exceeding liabilities in its latest filing ($2,529,244 in assets vs. $659,780 in liabilities for period 202406). The organization has shown substantial growth in assets over the past few years, jumping from $592,847 in 202206 to over $2.5 million in 202406. Revenue has been somewhat volatile, with a peak of $2,222,657 in 202306, followed by $654,261 in 202406. This fluctuation is not uncommon for grant-making or project-based arts organizations. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds and a volunteer-driven leadership model, contributing positively to its transparency and public trust.
Spending efficiency appears strong, as evidenced by the consistent reporting of 0% officer compensation across all available filings. While a detailed functional expense breakdown (program, admin, fundraising) is not provided in the summary data, the absence of paid executive compensation suggests a high proportion of funds are likely directed towards its mission. The organization's ability to grow its assets while maintaining low liabilities indicates sound financial management. The significant increase in assets from 2022 to 2024 suggests successful fundraising or investment strategies.
Overall, Funding Arts Broward Inc appears to be a financially stable and transparent organization. The consistent lack of officer compensation is a notable strength, indicating a commitment to directing resources to its mission. The growth in assets provides a solid foundation for future operations, despite some variability in annual revenue. Further analysis of detailed expense categories would provide a more granular view of spending efficiency, but the available data points to a well-managed nonprofit.