Quick charity verification for The Fortin Foundation Inc (EIN: 200474577)
Verdict: The Fortin Foundation Inc appears trustworthy
95/100Mission Score
$2.3MRevenue
$9.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero reported officer compensation across all filings, indicating high efficiency.
Consistent asset growth, from $1.1 million in 2011 to $9.6 million in 2023.
Extremely low liabilities ($1 across all periods), demonstrating strong financial stability.
Expenses consistently low relative to revenue, suggesting efficient use of funds.
Significant revenue generation in recent years, such as $2,609,281 in 2023 and $6,012,105 in 2021.
Spending Breakdown
How The Fortin Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 The Fortin Foundation Inc
Is The Fortin Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Fortin Foundation Inc (EIN: 200474577) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is The Fortin Foundation Inc a good charity to donate to?
The Fortin Foundation Inc has a Mission Score of 95/100. Revenue: $2.3M. Assets: $9.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Fortin Foundation Inc?
The Employer Identification Number (EIN) for The Fortin Foundation Inc is 200474577. 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 Fortin Foundation Inc spend its money?
The Fortin Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Fortin Foundation Inc's tax-exempt status?
You can verify The Fortin Foundation Inc's tax-exempt status using EIN 200474577 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 Fortin Foundation Inc demonstrates strong financial health, particularly in its latest filing period (202312) where it reported revenue of $2,609,281 against expenses of $386,045, indicating a significant surplus. The organization consistently maintains minimal liabilities ($1 across all reported periods) and has shown substantial asset growth, from $1,126,597 in 2011 to $9,612,650 in 2023. This growth, coupled with generally low expenses relative to revenue, suggests effective financial management and a focus on building its endowment or program capacity. The absence of reported officer compensation across all filings further enhances its transparency and efficiency profile, as resources are not being diverted to executive salaries.