Quick charity verification for Michael Fux Foundation Inc (EIN: 204210046)
Verdict: Michael Fux Foundation Inc appears trustworthy
75/100Mission Score
$677KRevenue
$137KAssets
3Red Flags
3Strengths
Red Flags
Inconsistent financial performance with significant year-over-year fluctuations in revenue and expenses.
Periods where liabilities exceed assets (e.g., 2023: assets $189,993, liabilities $203,225), suggesting potential solvency issues.
Volatile asset base, making long-term financial planning and stability challenging.
Strengths
Consistent 0% officer compensation, indicating strong financial efficiency and dedication to mission.
Ability to generate significant revenue in certain years (e.g., $989,032 in 2014, $749,055 in 2020).
Demonstrates a commitment to its mission by not allocating funds to executive salaries.
Spending Breakdown
How Michael Fux Foundation 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 Michael Fux Foundation Inc
Is Michael Fux Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Michael Fux Foundation Inc (EIN: 204210046) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Michael Fux Foundation Inc a good charity to donate to?
Michael Fux Foundation Inc has a Mission Score of 75/100. Revenue: $677K. Assets: $137K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Michael Fux Foundation Inc?
The Employer Identification Number (EIN) for Michael Fux Foundation Inc is 204210046. 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 Michael Fux Foundation Inc spend its money?
Michael Fux Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Michael Fux Foundation Inc's tax-exempt status?
You can verify Michael Fux Foundation Inc's tax-exempt status using EIN 204210046 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 Michael Fux Foundation Inc. demonstrates inconsistent financial performance over the past decade, with significant fluctuations in both revenue and expenses. For instance, in 2023, the organization reported revenue of $620,045 against expenses of $619,557, indicating a near break-even year. However, in 2022, expenses ($707,679) significantly outpaced revenue ($617,845), leading to a deficit. The foundation consistently reports 0% officer compensation, which is a positive indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. However, the organization's assets have also shown considerable volatility, from a high of $433,992 in 2015 to a low of $70,007 in 2022, and currently standing at $137,291. This fluctuation, coupled with periods where liabilities exceed assets (e.g., 2023 with assets of $189,993 and liabilities of $203,225), suggests potential challenges in maintaining a stable financial reserve. The lack of reported officer compensation enhances transparency regarding executive pay, but the overall financial stability could be improved.