Quick charity verification for World Forum Foundation (EIN: 200340368)
Verdict: World Forum Foundation shows mixed signals
60/100Mission Score
$102KRevenue
$124KAssets
4Red Flags
3Strengths
Red Flags
Significant and recurring deficits (e.g., 2023: $262,048 revenue vs. $692,084 expenses)
Liabilities consistently exceeding assets in multiple periods (e.g., 2023: $693,239 liabilities vs. $158,993 assets)
Highly volatile revenue and expense patterns year-over-year, indicating unpredictable financial planning or funding.
Negative net assets in several years, suggesting potential long-term solvency issues.
Strengths
Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive pay.
Periods of strong revenue generation (e.g., $824,415 in 2019, $759,297 in 2017, $716,078 in 2014).
Positive net income in some years (e.g., 2022: $684,253 revenue vs. $624,026 expenses; 2020: $418,759 revenue vs. $291,176 expenses).
Spending Breakdown
How World Forum Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 World Forum Foundation
Is World Forum Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, World Forum Foundation (EIN: 200340368) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
Is World Forum Foundation a good charity to donate to?
World Forum Foundation has a Mission Score of 60/100. Revenue: $102K. Assets: $124K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for World Forum Foundation?
The Employer Identification Number (EIN) for World Forum Foundation is 200340368. 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 World Forum Foundation spend its money?
World Forum Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify World Forum Foundation's tax-exempt status?
You can verify World Forum Foundation's tax-exempt status using EIN 200340368 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 World Forum Foundation exhibits inconsistent financial health, with significant fluctuations in revenue and expenses over the past decade. For instance, in 2023, the organization reported revenue of $262,048 against expenses of $692,084, resulting in a substantial deficit. This contrasts sharply with 2022, where revenue of $684,253 exceeded expenses of $624,026. The organization's liabilities have also shown considerable variability, reaching $693,239 in 2023, which significantly outstrips its assets of $158,993, indicating potential solvency concerns. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator for transparency regarding executive pay. However, the overall financial instability, particularly the large deficits in recent years, warrants closer scrutiny into their operational sustainability and funding model.