Is The Fine Family Foundation Legit?

Quick charity verification for The Fine Family Foundation (EIN: 208645116)

Verdict: The Fine Family Foundation appears trustworthy

85/100Mission Score

$2.9MRevenue

$3.4MAssets

1Red Flags

4Strengths

Red Flags

Lack of detailed functional expense breakdown in public filings makes precise efficiency analysis challenging.

Strengths

Consistent reporting of 0% officer compensation across all filings.
Strong and growing asset base, reaching $3,416,057 in the latest period, providing financial stability.
Minimal liabilities ($1 reported consistently) indicating a very healthy balance sheet.
Regular IRS 990 filings demonstrate transparency and compliance.

Spending Breakdown

How The Fine Family 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

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 The Fine Family Foundation

Is The Fine Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Fine Family Foundation (EIN: 208645116) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is The Fine Family Foundation a good charity to donate to?

The Fine Family Foundation has a Mission Score of 85/100. Revenue: $2.9M. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Fine Family Foundation?

The Employer Identification Number (EIN) for The Fine Family Foundation is 208645116. 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 The Fine Family Foundation spend its money?

The Fine Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Fine Family Foundation's tax-exempt status?

You can verify The Fine Family Foundation's tax-exempt status using EIN 208645116 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 Fine Family Foundation appears to be a private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and its consistent pattern of receiving significant revenue (often $200,000-$250,000 annually) while reporting minimal expenses in many years, suggesting grantmaking activities rather than direct program delivery. The organization's financial health shows substantial assets, reaching $3,416,057 in its latest filing, significantly exceeding its latest reported revenue of $2,897,401. This strong asset base provides a solid foundation for its grantmaking mission.

Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. However, in several years (e.g., 2022, 2021, 2015, 2013, 2011), expenses were very low relative to revenue, which is typical for a foundation primarily making grants. In other years, such as 2023 ($391,455 expenses vs. $259,172 revenue) and 2019 ($147,334 expenses vs. $2,113 revenue), expenses exceeded revenue, indicating periods of significant grant disbursements or operational costs. The consistent reporting of $1 in liabilities across all filings suggests a very stable financial position with minimal debt.

Transparency appears to be adequate through its regular IRS 990 filings. The absence of reported officer compensation across all available filings is a notable positive for a foundation of this size, suggesting that leadership may be unpaid or compensated through other means not captured as officer compensation, which can contribute to greater resources for its mission. However, without a detailed functional expense breakdown, it's challenging to precisely determine the proportion of spending dedicated to programs versus administrative or fundraising costs.

View Full Transparency Report →

Disclaimer

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