Quick charity verification for The Fry Foundation (EIN: 10570536)
Verdict: The Fry Foundation appears trustworthy
95/100Mission Score
$663KRevenue
$4.7MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth (from $2.67M in 2011 to $4.81M in 2023)
Minimal liabilities (consistently reported as $1)
Zero officer compensation across all filings, indicating high efficiency
Revenue generally exceeds expenses, leading to healthy surpluses
Long history of IRS 990 filings (10 filings), indicating transparency
Spending Breakdown
How The Fry 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 The Fry Foundation
Is The Fry Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Fry Foundation (EIN: 10570536) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is The Fry Foundation a good charity to donate to?
The Fry Foundation has a Mission Score of 95/100. Revenue: $663K. Assets: $4.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Fry Foundation?
The Employer Identification Number (EIN) for The Fry Foundation is 10570536. 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 Fry Foundation spend its money?
The Fry Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Fry Foundation's tax-exempt status?
You can verify The Fry Foundation's tax-exempt status using EIN 10570536 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 Fry Foundation demonstrates consistent financial health, with assets steadily growing from $2,673,528 in 2011 to $4,810,068 in 2023. Revenue has fluctuated but generally outpaced expenses, leading to this asset growth. For instance, in 2023, revenue was $522,200 against expenses of $318,414, indicating a healthy surplus. The organization's liabilities have consistently been minimal, often reported as $1, which is a strong indicator of financial stability and low debt burden.
Spending efficiency appears high, as the organization consistently reports zero officer compensation across all available filings. This suggests that administrative costs related to executive salaries are non-existent, allowing a greater proportion of funds to be directed towards its mission. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a significant positive for efficiency.
Transparency is generally good given the consistent filing of IRS Form 990s over a decade. The minimal liabilities and zero officer compensation are clear indicators of sound financial management. However, without more granular expense data (e.g., specific program service expenses vs. other functional expenses), a complete assessment of spending efficiency across all categories is limited. The consistent asset growth and low liabilities point to a well-managed and transparent financial operation.