Is World Cup Dreams Foundation Legit?

Quick charity verification for World Cup Dreams Foundation (EIN: 204647706)

Verdict: World Cup Dreams Foundation appears trustworthy

95/100Mission Score
$542KRevenue
$944KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

World Cup Dreams Foundation demonstrates a fluctuating but generally positive financial trajectory, with significant revenue growth in recent years, peaking at $1,291,836 in 2021. The organization consistently reports zero officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries. This practice also enhances transparency and trust. While expenses have varied, the foundation has maintained a healthy asset base, reaching $943,581 currently and $749,947 in 2023, with no reported liabilities in most recent years, suggesting sound financial management and stability. The absence of liabilities further underscores a conservative and responsible approach to financial operations. The organization's spending efficiency appears robust, particularly given the zero officer compensation. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise efficiency ratio cannot be calculated. However, the consistent growth in assets and the lack of liabilities suggest that the majority of funds are being managed effectively to support the organization's goals. The significant increase in revenue from $165,735 in 2020 to $970,926 in 2023 (with a peak in 2021) indicates successful fundraising efforts and growing support for its mission. The foundation's financial health appears solid, with a strong balance sheet and a clear dedication to its programmatic work.

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Disclaimer

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

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