Quick charity verification for Nicklies Foundation Inc (EIN: 200520043)
Verdict: Nicklies Foundation Inc appears trustworthy
85/100Mission Score
$802KRevenue
$3.5MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
Consistent 0% officer compensation for an organization of this size and asset base is unusual and warrants further inquiry into how leadership is supported or if compensation is reported elsewhere.
Strengths
Consistent asset growth, increasing from $1.34M in 2012 to $3.54M currently, indicating strong financial management.
Positive net income in most reported periods, demonstrating financial stability and sustainability.
No reported officer compensation, suggesting a highly efficient or volunteer-driven leadership structure.
Long history of IRS 990 filings (9 filings), indicating transparency and compliance.
Spending Breakdown
How Nicklies 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 Nicklies Foundation Inc
Is Nicklies Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nicklies Foundation Inc (EIN: 200520043) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Nicklies Foundation Inc a good charity to donate to?
Nicklies Foundation Inc has a Mission Score of 85/100. Revenue: $802K. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nicklies Foundation Inc?
The Employer Identification Number (EIN) for Nicklies Foundation Inc is 200520043. 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 Nicklies Foundation Inc spend its money?
Nicklies Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nicklies Foundation Inc's tax-exempt status?
You can verify Nicklies Foundation Inc's tax-exempt status using EIN 200520043 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 Nicklies Foundation Inc. demonstrates consistent financial growth and strong asset accumulation over the past decade. Their latest reported revenue of $801,547 and assets of $3,544,231 indicate a healthy financial position. The organization consistently spends less than it earns, leading to a steady increase in net assets, which is a positive indicator of sustainability. For instance, in 2023, they reported $278,024 in revenue against $196,482 in expenses, adding to their reserves.
Spending efficiency appears to be a core strength, with a significant portion of their expenses directed towards program services. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership or that compensation is covered by other means, which can contribute to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging.
Transparency is generally good given the availability of multiple years of IRS 990 filings. The consistent reporting of zero officer compensation is a notable point for transparency regarding executive pay. To further enhance transparency, a more granular breakdown of expenses would be beneficial for stakeholders to understand the allocation of funds across different operational areas.