Fabulous 50 S Foundation
EIN: 862700195 · Fayetteville, TN · NTEE: S12
| Metric | Value |
|---|---|
| Total Revenue | $244K |
| Total Expenses | $125K |
| Net Assets | $213K |
Is Fabulous 50 S Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fabulous 50 S Foundation
Fabulous 50 S Foundation (EIN: 862700195) is a nonprofit organization based in Fayetteville, TN, classified under NTEE code S12. The organization reported total revenue of $244K and total assets of $286K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fabulous 50 S Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fabulous 50 S Foundation is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of 60.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $125K |
| Surplus / Deficit | +$89K |
| Total Assets | $213K |
| Net Assets | $213K |
| Operating Margin | 41.5% |
| Months of Reserves | 20.4 months |
Financial Health Grade: A
In 2024, Fabulous 50 S Foundation reported a surplus of $89K with revenue exceeding expenses, holds 20.4 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2022–2024), Fabulous 50 S Foundation's revenue has grown at a compound annual growth rate (CAGR) of 60.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +64.5% | +58.1% | +72.0% |
| 2023 | +55.6% | +258.0% | +70.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fabulous 50 S Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fabulous 50 S Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $89K, with revenue exceeding expenses.
Frequently Asked Questions about Fabulous 50 S Foundation
Is Fabulous 50 S Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fabulous 50 S Foundation (EIN: 862700195) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fabulous 50 S Foundation spend its money?
Detailed spending breakdown data is not yet available for Fabulous 50 S Foundation. Check back for updated IRS 990 analysis.
Are donations to Fabulous 50 S Foundation tax-deductible?
Fabulous 50 S Foundation is registered as a tax-exempt nonprofit (EIN: 862700195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fabulous 50 S Foundation located?
Fabulous 50 S Foundation is headquartered in Fayetteville, Tennessee and files with the IRS under EIN 862700195. It is classified under NTEE code S12.
How many years of IRS 990 filings does Fabulous 50 S Foundation have?
Fabulous 50 S Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $244K in total revenue.
Filing History
IRS 990 filing history for Fabulous 50 S Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Fabulous 50 S Foundation's revenue has grown by 156%, moving from $84K to $214K. Total assets increased by 192.9% over the same period, from $73K to $213K. Total functional expenses rose by 465.8%, from $22K to $125K. In its most recent filing year (2024), Fabulous 50 S Foundation reported a surplus of $89K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $214K | $125K | $213K | $0 | — | — |
| 2023 | $130K | $79K | $124K | $0 | — | — |
| 2022 | $84K | $22K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $214K, expenses of $125K, and assets of $213K (revenue +64.5% year-over-year).
- 2023: Revenue of $130K, expenses of $79K, and assets of $124K (revenue +55.6% year-over-year).
- 2022: Revenue of $84K, expenses of $22K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fabulous 50 S Foundation:
Data Sources and Methodology
This transparency report for Fabulous 50 S Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.