Consistent operational deficits (e.g., $59,590 in 2023, $42,944 in 2022).
Liabilities significantly exceed assets ($209,092 liabilities vs. $120,976 assets in 2023).
Negative net assets, indicating a precarious financial position.
Strengths
0% officer compensation reported across all filings, indicating strong fiscal responsibility regarding executive pay.
Long filing history (13 filings), suggesting consistent compliance with IRS reporting requirements.
Spending Breakdown
How Future Generation Educational Services Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Future Generation Educational Services Inc
Is Future Generation Educational Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Future Generation Educational Services Inc (EIN: 201305631) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Future Generation Educational Services Inc a good charity to donate to?
Future Generation Educational Services Inc has a Mission Score of 45/100. Revenue: $311K. Assets: $108K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Future Generation Educational Services Inc?
The Employer Identification Number (EIN) for Future Generation Educational Services Inc is 201305631. 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 Generation Educational Services Inc spend its money?
Future Generation Educational Services Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Future Generation Educational Services Inc's tax-exempt status?
You can verify Future Generation Educational Services Inc's tax-exempt status using EIN 201305631 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 Generation Educational Services Inc. demonstrates a concerning financial trend with expenses consistently exceeding revenue in recent years. For example, in 2023, expenses were $370,936 against revenues of $311,346, resulting in a deficit. This pattern of operating at a loss, as seen in 2022 ($357,595 expenses vs. $314,651 revenue) and 2021 ($217,431 expenses vs. $205,808 revenue), suggests potential long-term sustainability issues if not addressed. The organization's liabilities have also grown significantly, reaching $209,092 in 2023, which is nearly double its assets of $120,976, indicating a precarious financial position. While the organization reports 0% officer compensation, which is a positive for donor confidence in executive pay, the overall financial health is weak due to persistent deficits and high liabilities relative to assets.
The organization's NTEE code P33 (Adult Education Programs) suggests a focus on educational services. However, without a detailed breakdown of expenses beyond the top-level revenue and expense figures, it's challenging to fully assess spending efficiency and the proportion dedicated directly to programs versus administrative or fundraising costs. The consistent operational deficits raise questions about how these shortfalls are being covered and the long-term viability of its programs. The lack of officer compensation is a strong point for transparency regarding executive pay, but the broader financial picture warrants closer scrutiny regarding operational efficiency and funding strategies.