Is Future Leaders Of Americafoundation Inc…

Quick charity verification for Future Leaders Of Americafoundation Inc (EIN: 205095136)

Strengths

Consistent reporting of 0% officer compensation across all 13 filings, indicating high transparency and mission focus.
Significant revenue growth in recent years, from $2.9M in 2020 to $36.5M in 2023, demonstrating strong fundraising capabilities.
Expenses closely match revenue in most periods, suggesting efficient deployment of funds towards its mission.
Zero reported liabilities in most recent filings (2023, 2022, 2021), indicating sound debt management.

Spending Breakdown

How Future Leaders Of Americafoundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Future Leaders Of Americafoundation Inc

Is Future Leaders Of Americafoundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Future Leaders Of Americafoundation Inc (EIN: 205095136) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Future Leaders Of Americafoundation Inc a good charity to donate to?

Future Leaders Of Americafoundation Inc has a Mission Score of 92/100. Revenue: $37.3M. Assets: $408K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Future Leaders Of Americafoundation Inc?

The Employer Identification Number (EIN) for Future Leaders Of Americafoundation Inc is 205095136. 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 Leaders Of Americafoundation Inc spend its money?

Future Leaders Of Americafoundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Future Leaders Of Americafoundation Inc's tax-exempt status?

You can verify Future Leaders Of Americafoundation Inc's tax-exempt status using EIN 205095136 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 Leaders Of Americafoundation Inc demonstrates significant growth in revenue, reaching $37,313,917 in its latest filing. The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the organization's assets are relatively low compared to its substantial revenue, with the latest assets at $408,099. This suggests that the organization operates on a very lean asset base, potentially indicating efficient use of funds but also a lack of significant reserves. The consistent reporting of zero liabilities in recent years (2023, 2022, 2021, 2019, 2018, 2017, 2016) is a positive sign of financial stability and responsible management of debt.

The organization's spending efficiency appears high, with expenses closely matching revenue in many periods, such as $36,580,687 in revenue and $36,580,687 in expenses for 2023. This indicates that the organization is spending nearly all of its incoming funds each year, which can be viewed as both a strength (funds are being deployed) and a potential vulnerability (limited reserves for unexpected events). The absence of reported officer compensation across all filings is a significant positive for transparency and donor confidence, as it implies that all funds are being used for program delivery and operational costs, rather than executive salaries. The NTEE code B82 suggests a focus on youth development, which aligns with the 'Future Leaders' name.

Is Future Leaders Of Americafoundation Inc Legit?

Verdict: Future Leaders Of Americafoundation Inc appears trustworthy

Red Flags