Is Restoring The Foundations International Inc Legit?
Quick charity verification for Restoring The Foundations International Inc (EIN: 113721601)
Verdict: Restoring The Foundations International Inc shows mixed signals
55/100Mission Score
$719KRevenue
$333KAssets
4Red Flags
2Strengths
Red Flags
Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., 2023 ($578,672 expenses vs. $571,778 revenue).
Significant decline in total assets from $1,619,894 in 2014 to $87,234 in 2023.
Substantial decrease in revenue from a peak of $1,373,195 in 2014 to $571,778 in 2023.
Liabilities exceeding assets in the most recent filing (2023: $103,579 liabilities vs. $87,234 assets), indicating a negative net position.
Strengths
Excellent transparency and efficiency regarding executive compensation, with 0% reported for officers across all filings.
Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.
Spending Breakdown
How Restoring The Foundations International Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Restoring The Foundations International Inc
Is Restoring The Foundations International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Restoring The Foundations International Inc (EIN: 113721601) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
Is Restoring The Foundations International Inc a good charity to donate to?
Restoring The Foundations International Inc has a Mission Score of 55/100. Revenue: $719K. Assets: $333K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Restoring The Foundations International Inc?
The Employer Identification Number (EIN) for Restoring The Foundations International Inc is 113721601. 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 Restoring The Foundations International Inc spend its money?
Restoring The Foundations International Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Restoring The Foundations International Inc's tax-exempt status?
You can verify Restoring The Foundations International Inc's tax-exempt status using EIN 113721601 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
Restoring The Foundations International Inc has experienced a notable decline in revenue and assets over the past decade. Revenue peaked at $1,373,195 in 2014 and has since fallen to $571,778 in 2023, representing a decrease of approximately 58%. Similarly, assets have significantly decreased from $1,619,894 in 2014 to $87,234 in 2023. The organization has consistently operated with expenses exceeding revenue in recent years, leading to a negative net position, as evidenced by liabilities exceeding assets in 2023 ($103,579 liabilities vs. $87,234 assets).
The organization's financial health appears to be in a precarious state, with a consistent trend of spending more than it earns and a shrinking asset base. While the provided data does not detail specific spending categories, the consistent operating deficits suggest potential challenges in maintaining long-term financial stability. The absence of reported officer compensation across all filings indicates a commitment to minimizing administrative overhead in this specific area, which is a positive sign for donor confidence regarding executive pay.
Transparency regarding executive compensation is excellent, with 0% reported for officer compensation across all available filings. However, the overall financial trend of declining revenue and assets, coupled with consistent operating deficits, raises concerns about the organization's sustainability and its ability to effectively deliver on its mission in the long term. Further detailed financial statements would be necessary to fully assess spending efficiency across programs, administration, and fundraising.