Quick charity verification for Future Athletes Of Louisiana Inc (EIN: 201486150)
Verdict: Future Athletes Of Louisiana Inc appears trustworthy
80/100Mission Score
$1.4MRevenue
$39KAssets
2Red Flags
3Strengths
Red Flags
Expenses exceeded revenue in the 202212 period ($462,652 vs $380,216), indicating a deficit.
Relatively low asset base ($38,509) compared to latest annual revenue ($1,394,878), which could suggest limited financial reserves.
Strengths
Consistent zero reported officer compensation across all filings, indicating strong volunteer leadership or efficient compensation practices.
Significant revenue growth from $0 in 2018 to $1,394,878 in the latest period, demonstrating successful fundraising and program expansion.
Positive net assets in most reporting periods, indicating financial stability despite fluctuations.
Spending Breakdown
How Future Athletes Of Louisiana 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
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 Future Athletes Of Louisiana Inc
Is Future Athletes Of Louisiana Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Future Athletes Of Louisiana Inc (EIN: 201486150) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Future Athletes Of Louisiana Inc a good charity to donate to?
Future Athletes Of Louisiana Inc has a Mission Score of 80/100. Revenue: $1.4M. Assets: $39K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Future Athletes Of Louisiana Inc?
The Employer Identification Number (EIN) for Future Athletes Of Louisiana Inc is 201486150. 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 Future Athletes Of Louisiana Inc spend its money?
Future Athletes Of Louisiana Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Future Athletes Of Louisiana Inc's tax-exempt status?
You can verify Future Athletes Of Louisiana Inc's tax-exempt status using EIN 201486150 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
Future Athletes Of Louisiana Inc (FAL) demonstrates a mixed financial picture. While the organization has shown significant revenue growth, reaching $1,394,878 in its latest reported period, its asset base remains relatively small at $38,509, especially when compared to its revenue. The organization has consistently reported zero officer compensation across all available filings, which is a positive indicator of volunteer leadership and potentially lower administrative overhead. However, the 202212 period showed expenses ($462,652) exceeding revenue ($380,216), leading to a deficit for that year, which warrants closer examination.
FAL's spending efficiency appears to be strong in terms of executive compensation, as no officer compensation has been reported. Without detailed expense breakdowns beyond total expenses, it's challenging to fully assess program spending versus administrative and fundraising costs. The consistent growth in revenue over the past few years, from $0 in 2018 to over $1.3 million currently, suggests successful fundraising efforts, but the relatively low asset base could indicate that funds are quickly expended on programs or operational costs.
Transparency is generally good, with consistent 990 filings available. The absence of officer compensation is a clear and transparent financial practice. To further enhance transparency, a more detailed breakdown of program service accomplishments and associated expenses would be beneficial for donors and stakeholders to understand the impact of their contributions.