Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
Generally low operating expenses relative to assets in most years.
Spending Breakdown
How United Way Of Forsyth County Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 United Way Of Forsyth County Foundation
Is United Way Of Forsyth County Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, United Way Of Forsyth County Foundation (EIN: 202649556) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is United Way Of Forsyth County Foundation a good charity to donate to?
United Way Of Forsyth County Foundation has a Mission Score of 85/100. Revenue: $185K. Assets: $11.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for United Way Of Forsyth County Foundation?
The Employer Identification Number (EIN) for United Way Of Forsyth County Foundation is 202649556. 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 United Way Of Forsyth County Foundation spend its money?
United Way Of Forsyth County Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify United Way Of Forsyth County Foundation's tax-exempt status?
You can verify United Way Of Forsyth County Foundation's tax-exempt status using EIN 202649556 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 United Way Of Forsyth County Foundation demonstrates a mixed financial picture. While the organization maintains substantial assets, consistently over $11 million, its revenue has been highly volatile, including a significant negative revenue of $-1,269,134 in 2018. Expenses have generally been low relative to assets, but the most recent filing (202306) shows expenses of $717,445 significantly exceeding revenue of $273,672, indicating a deficit spending year. The foundation's consistent reporting of 0% officer compensation across all filings suggests strong transparency regarding executive pay and a focus on minimizing administrative overhead in this area.
Spending efficiency is difficult to fully assess without a detailed breakdown of program vs. administrative costs in the provided data. However, the low overall expenses relative to assets in most years, coupled with zero officer compensation, suggests a lean operational structure. The substantial assets provide a strong financial cushion, but the recent deficit spending warrants closer monitoring to ensure long-term sustainability. The foundation's consistent filing of IRS 990s over 13 periods indicates a commitment to regulatory transparency.
Overall, the foundation appears to be well-endowed, but its operational funding relies on highly variable revenue streams. The lack of officer compensation is a positive indicator of fiscal responsibility. Further analysis would benefit from a detailed breakdown of program service accomplishments and related expenses to fully evaluate its impact and spending efficiency.