Is Restaurant Facility Management Association Legit?
Quick charity verification for Restaurant Facility Management Association (EIN: 202035468)
Verdict: Restaurant Facility Management Association appears trustworthy
75/100Mission Score
$4.8MRevenue
$7.7MAssets
2Red Flags
3Strengths
Red Flags
Expenses exceeded revenue in 2022 and 2023, with a deficit of $1,284,884 in 2022 and $440,713 in 2023.
Liabilities have shown a consistent upward trend, increasing from $2,560,445 in 2014 to $3,373,016 in 2023.
Strengths
Consistent asset growth over the past decade, from $5,084,547 in 2014 to $7,087,807 in 2023.
Reported 0% officer compensation across all available filings, indicating efficient use of funds or alternative compensation structures.
Long history of financial filings (13 filings), suggesting established operations and transparency.
Spending Breakdown
How Restaurant Facility Management 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 Restaurant Facility Management Association
Is Restaurant Facility Management Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Restaurant Facility Management Association (EIN: 202035468) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Restaurant Facility Management Association a good charity to donate to?
Restaurant Facility Management Association has a Mission Score of 75/100. Revenue: $4.8M. Assets: $7.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Restaurant Facility Management Association?
The Employer Identification Number (EIN) for Restaurant Facility Management Association is 202035468. 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 Restaurant Facility Management Association spend its money?
Restaurant Facility Management Association allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Restaurant Facility Management Association's tax-exempt status?
You can verify Restaurant Facility Management Association's tax-exempt status using EIN 202035468 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 Restaurant Facility Management Association (RFMA) demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $7,087,807 in 2023. However, recent filings show a trend of expenses exceeding revenue, with a deficit of $440,713 in 2023 and $1,284,884 in 2022. This indicates that the organization is spending more than it earns, which could be a concern if it continues. The organization's liabilities have also increased significantly, from $2,560,445 in 2014 to $3,373,016 in 2023, suggesting a growing reliance on debt or deferred revenue. The consistent reporting of 0% officer compensation across all available filings indicates strong transparency regarding executive pay, as it suggests either no compensation or that it is not reported in this category.