Is Roy Lee Farish And Wilda W Farish Educational Trust Legit?

Quick charity verification for Roy Lee Farish And Wilda W Farish Educational Trust (EIN: 206843569)

Verdict: Roy Lee Farish And Wilda W Farish Educational Trust shows mixed signals

65/100Mission Score
$60KRevenue
$447KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Roy Lee Farish And Wilda W Farish Educational Trust allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Roy Lee Farish And Wilda W Farish Educational Trust

Is Roy Lee Farish And Wilda W Farish Educational Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Roy Lee Farish And Wilda W Farish Educational Trust (EIN: 206843569) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Roy Lee Farish And Wilda W Farish Educational Trust a good charity to donate to?

Roy Lee Farish And Wilda W Farish Educational Trust has a Mission Score of 65/100. Revenue: $60K. Assets: $447K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Roy Lee Farish And Wilda W Farish Educational Trust?

The Employer Identification Number (EIN) for Roy Lee Farish And Wilda W Farish Educational Trust is 206843569. 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 Roy Lee Farish And Wilda W Farish Educational Trust spend its money?

Roy Lee Farish And Wilda W Farish Educational Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Roy Lee Farish And Wilda W Farish Educational Trust's tax-exempt status?

You can verify Roy Lee Farish And Wilda W Farish Educational Trust's tax-exempt status using EIN 206843569 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 Roy Lee Farish And Wilda W Farish Educational Trust appears to be a private foundation or trust, as indicated by its NTEE code (B82 - Private Grantmaking Foundations) and consistent pattern of distributing funds rather than directly operating programs. Its financial health shows a concerning trend of declining assets over the past decade, from $887,769 in 2011 to $459,743 in 2023. This decline is exacerbated by several years where expenses significantly outstripped revenue, such as in 2023 where revenue was negative ($-26,385) and expenses were $55,650, or in 2014 where revenue was $99,084 and expenses were $112,637. The organization consistently reports minimal liabilities ($0-$1), suggesting a conservative financial approach in that regard. Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. However, as a grantmaking trust, its primary 'program' spending would be the grants themselves. The consistent reporting of 0% officer compensation suggests that administrative costs related to executive salaries are non-existent, which is a positive indicator for efficiency in that specific area. Transparency appears adequate given the available 990 data, with consistent filings and clear reporting of assets, liabilities, revenue, and expenses. The negative revenue reported in 2023 ($-26,385) is a significant red flag, likely indicating investment losses or significant returns of prior grants. While the trust maintains substantial assets relative to its annual expenses, the long-term trend of asset depletion and frequent operating deficits warrants close monitoring. The organization's ability to sustain its grantmaking activities at historical levels may be challenged if this trend continues.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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