Quick charity verification for The Frick Family Foundation Inc (EIN: 205251975)
Verdict: The Frick Family Foundation Inc appears trustworthy
90/100Mission Score
$728KRevenue
$1.7MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero officer compensation across all reported periods, indicating high efficiency and dedication of resources to mission.
Strong asset base, consistently over $1.7 million, providing financial stability and capacity for future grantmaking.
Low liabilities (often $0 or $1), demonstrating sound financial management and minimal debt.
Expenses generally well-managed and below revenue in most periods, contributing to asset growth.
Clear focus on grantmaking as a family foundation (NTEE T20).
Spending Breakdown
How The Frick Family Foundation Inc 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 The Frick Family Foundation Inc
Is The Frick Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Frick Family Foundation Inc (EIN: 205251975) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is The Frick Family Foundation Inc a good charity to donate to?
The Frick Family Foundation Inc has a Mission Score of 90/100. Revenue: $728K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Frick Family Foundation Inc?
The Employer Identification Number (EIN) for The Frick Family Foundation Inc is 205251975. 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 Frick Family Foundation Inc spend its money?
The Frick Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Frick Family Foundation Inc's tax-exempt status?
You can verify The Frick Family Foundation Inc's tax-exempt status using EIN 205251975 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 Frick Family Foundation Inc demonstrates consistent financial stability with assets generally exceeding $1.7 million, reaching a high of $2.47 million in 2020. Revenue has fluctuated significantly, from a low of $44,164 in 2015 to a high of $732,566 in 2019, indicating reliance on variable funding sources. Expenses have remained relatively stable, typically in the $100,000-$200,000 range, suggesting predictable operational costs. The foundation consistently reports zero officer compensation, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission rather than executive salaries.
The organization's financial health appears robust, with assets consistently covering liabilities (which are often reported as $0 or $1). The latest available data for 2021 shows revenue of $300,600 against expenses of $226,507, resulting in a surplus for the year. This pattern of managing expenses below revenue, particularly in years with higher income, contributes to its sustained asset base. The absence of officer compensation across all reported periods is a significant positive for transparency and efficiency, as it means all reported expenses are likely directly related to program activities or necessary administrative overhead.
Given the nature of a family foundation (NTEE Code T20), which typically focuses on grantmaking, the spending efficiency would primarily be measured by the proportion of grants made versus administrative costs. Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, a precise efficiency ratio cannot be calculated. However, the consistent low expense levels relative to assets and the zero officer compensation suggest a lean operational structure, which is generally positive for a grantmaking entity.