Quick charity verification for Sam J Frankino Foundation (EIN: 205380431)
Verdict: Sam J Frankino Foundation appears trustworthy
85/100Mission Score
$11.4MRevenue
$48.6MAssets
2Red Flags
4Strengths
Red Flags
Negative revenue reported in 2022 ($-2,231,353) and 2023 ($-342,467), indicating potential financial instability or significant investment losses.
Declining asset base from $57,871,372 in 2021 to $48,032,763 in 2023, suggesting reliance on principal to cover expenses.
Strengths
Consistent 0% officer compensation, demonstrating efficient use of funds and potentially volunteer leadership.
Substantial asset base of $48,032,763 in 2023, providing long-term financial stability.
Consistent filing of IRS Form 990s over a decade, indicating good regulatory compliance and transparency.
Low liabilities relative to assets, with liabilities at $89,446 in 2023 compared to assets of $48,032,763.
Spending Breakdown
How Sam J Frankino Foundation 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 Sam J Frankino Foundation
Is Sam J Frankino Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sam J Frankino Foundation (EIN: 205380431) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Sam J Frankino Foundation a good charity to donate to?
Sam J Frankino Foundation has a Mission Score of 85/100. Revenue: $11.4M. Assets: $48.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sam J Frankino Foundation?
The Employer Identification Number (EIN) for Sam J Frankino Foundation is 205380431. 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 Sam J Frankino Foundation spend its money?
Sam J Frankino Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sam J Frankino Foundation's tax-exempt status?
You can verify Sam J Frankino Foundation's tax-exempt status using EIN 205380431 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 Sam J Frankino Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. While the foundation has experienced fluctuating revenues, including negative revenues in 2022 and 2023, its substantial asset base of approximately $48 million in 2023 provides a strong financial cushion. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence regarding administrative overhead. The foundation's NTEE code T20 suggests it is a private foundation, which typically operates differently from public charities in terms of fundraising and public transparency expectations. However, the consistent filing of IRS Form 990s over a decade demonstrates a commitment to regulatory compliance and financial disclosure.