Quick charity verification for National Fabry Disease Foundation (EIN: 202944028)
Verdict: National Fabry Disease Foundation appears trustworthy
85/100Mission Score
$592KRevenue
$270KAssets
2Red Flags
4Strengths
Red Flags
Significant year-to-year revenue volatility, making financial planning potentially challenging.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering precise efficiency analysis.
Strengths
Consistent reporting of $0 liabilities, indicating strong financial solvency.
0% reported officer compensation across all filings, suggesting highly efficient use of funds at the executive level.
Consistent growth in assets over time, from $133,009 in 2017 to $521,056 in 2023, demonstrating financial stability.
Strong asset base relative to annual expenses, providing a buffer for operations.
Spending Breakdown
How National Fabry Disease Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 National Fabry Disease Foundation
Is National Fabry Disease Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, National Fabry Disease Foundation (EIN: 202944028) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is National Fabry Disease Foundation a good charity to donate to?
National Fabry Disease Foundation has a Mission Score of 85/100. Revenue: $592K. Assets: $270K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for National Fabry Disease Foundation?
The Employer Identification Number (EIN) for National Fabry Disease Foundation is 202944028. 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 National Fabry Disease Foundation spend its money?
National Fabry Disease Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify National Fabry Disease Foundation's tax-exempt status?
You can verify National Fabry Disease Foundation's tax-exempt status using EIN 202944028 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 National Fabry Disease Foundation demonstrates a generally stable financial position, with assets consistently exceeding liabilities (which are reported as $0 across all available filings). Revenue has fluctuated significantly year-to-year, ranging from a low of $188,701 in 2021 to a high of $572,188 in 2022, indicating a reliance on variable funding sources. The organization's spending efficiency appears to be a mixed bag; in some years, like 2022, revenue significantly outpaced expenses ($572,188 vs. $228,527), leading to substantial asset growth. However, in other years, such as 2023, expenses exceeded revenue ($472,698 vs. $307,957), resulting in a draw-down of assets. The consistent reporting of $0 liabilities and 0% officer compensation across all filings suggests a commitment to financial transparency and a lean operational structure regarding executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
The organization's asset base has shown growth over time, from $133,009 in 2017 to $521,056 in 2023, indicating a healthy accumulation of resources. The absence of reported liabilities is a strong positive indicator of financial stability. While the revenue volatility could pose planning challenges, the foundation has managed to maintain a positive asset position. The lack of officer compensation further reinforces a perception of efficient use of funds, potentially relying on volunteer leadership or very modest stipends not categorized as officer compensation. To fully assess spending efficiency, a more granular breakdown of expenses would be beneficial.