Quick charity verification for Futures Industry Association (EIN: 135642275)
Verdict: Futures Industry Association appears trustworthy
70/100Mission Score
$36.1MRevenue
$49.2MAssets
2Red Flags
2Strengths
Red Flags
Significant year-over-year fluctuation in assets (e.g., $71.8M in 2022 to $48.5M in 2023) without clear explanation.
Consistent 0% officer compensation reported for an organization with over $30 million in annual revenue, which may indicate a lack of transparency in executive compensation reporting.
Strengths
Consistent revenue generation, generally covering expenses over the past decade.
History of consistent IRS 990 filings, indicating compliance and transparency in reporting.
Spending Breakdown
How Futures Industry Association allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Futures Industry Association
Is Futures Industry Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Futures Industry Association (EIN: 135642275) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
Is Futures Industry Association a good charity to donate to?
Futures Industry Association has a Mission Score of 70/100. Revenue: $36.1M. Assets: $49.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Futures Industry Association?
The Employer Identification Number (EIN) for Futures Industry Association is 135642275. 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 Futures Industry Association spend its money?
Futures Industry Association allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Futures Industry Association's tax-exempt status?
You can verify Futures Industry Association's tax-exempt status using EIN 135642275 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
The Futures Industry Association (FIA) demonstrates a consistent operational pattern, with revenues generally aligning closely with expenses over the past decade. For instance, in 2023, revenues were $33,769,195 against expenses of $35,073,193, indicating a slight deficit. This trend of near break-even operations, sometimes with small deficits, suggests a focus on utilizing most incoming funds for current activities rather than accumulating large surpluses. The organization's assets have shown significant fluctuation, peaking at $71,884,707 in 2022 before decreasing to $48,552,885 in 2023, which warrants further investigation into the nature of these assets and the reasons for such substantial changes. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency, indicating that executive leadership is not directly compensated through the organization's reported officer compensation line item, or that compensation is structured differently.