Quick charity verification for Nfc Forum Inc (EIN: 201752543)
Verdict: Nfc Forum Inc appears trustworthy
85/100Mission Score
$1.5MRevenue
$1.7MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed spending breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
Consistent 0% officer compensation is unusual for an organization of this size and warrants further inquiry into how leadership costs are managed and reported.
Strengths
Consistent financial surpluses in recent years (e.g., $62,374 in 2023, $4,835 in 2022, $61,723 in 2021).
Strong asset base relative to liabilities (e.g., $1,884,917 assets vs. $742,160 liabilities in 2023).
No reported officer compensation, potentially indicating high efficiency in leadership costs.
Long history of consistent IRS 990 filings, indicating transparency in financial reporting.
Spending Breakdown
How Nfc Forum 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 Nfc Forum Inc
Is Nfc Forum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nfc Forum Inc (EIN: 201752543) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Nfc Forum Inc a good charity to donate to?
Nfc Forum Inc has a Mission Score of 85/100. Revenue: $1.5M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nfc Forum Inc?
The Employer Identification Number (EIN) for Nfc Forum Inc is 201752543. 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 Nfc Forum Inc spend its money?
Nfc Forum Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nfc Forum Inc's tax-exempt status?
You can verify Nfc Forum Inc's tax-exempt status using EIN 201752543 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
Nfc Forum Inc demonstrates consistent financial operations with revenues generally exceeding expenses, leading to a stable asset base. For instance, in 2023, revenue was $1,549,542 against expenses of $1,487,168, resulting in a surplus. The organization's assets have fluctuated but remained robust, with $1,884,917 in 2023. A notable aspect of their financial management is the complete absence of reported officer compensation across all available filings, which suggests a high degree of volunteer leadership or that compensation is structured differently and not reported in this category. This practice, while potentially indicating efficiency, also warrants further investigation for complete transparency regarding leadership costs.
The organization's spending efficiency appears sound, with expenses closely aligned with revenue, indicating responsible resource utilization. The lack of reported officer compensation is a significant factor in their operational efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency across these categories is challenging. The consistent financial reporting over many years, with detailed revenue, expense, and asset figures, points to a good level of financial transparency in their IRS 990 filings.
Overall, Nfc Forum Inc appears to be a financially stable organization with a history of prudent management. The consistent surpluses in recent years contribute to a healthy financial position. The absence of officer compensation is a unique characteristic that could be interpreted as a strength in terms of minimizing overhead, but also raises questions about the full scope of leadership costs if not captured elsewhere.