Federated Foundations Inc
Federated Foundations Inc. shows highly volatile revenue and expenses, with a significant deficit in 2023.
EIN: 136143973 · Block Island, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $994K |
| Total Expenses | $341K |
| Program Spending | 70% |
| Net Assets | $1.0M |
| Transparency Score | 60/100 |
Search Intent Cockpit
Federated Foundations Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Federated Foundations Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Federated Foundations Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $1K and expenses of $341K.
Revenue and Expenses
Federated Foundations Inc reported $1K in revenue and $341K in expenses, a deficit of $340K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
60/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.
Is Federated Foundations Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $239K (70%) |
Across stored filings, Federated Foundations Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 4 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Lord Of Glory Ministries Inc | Rhode Island and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Lord Of Glory Ministries Inc →All Rhode Island nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Block Island, RI nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
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Keep the Investigation Moving
Federated Foundations Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Federated Foundations Inc
Federated Foundations Inc (EIN: 136143973) is a nonprofit organization based in Block Island, RI. The organization reported total revenue of $994K and total assets of $561K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Federated Foundations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Federated Foundations Inc is a small nonprofit that has been operating for 63 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $341K |
| Surplus / Deficit | $-339,638 |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | -23635.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 35.6 months |
Financial Health Grade: B
In 2023, Federated Foundations Inc reported a deficit of $340K with expenses exceeding revenue, holds 35.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -96.6% | +477.9% | -25.1% |
| 2022 | -89.9% | -28.2% | -1.2% |
| 2021 | +923.6% | +23.7% | +33.2% |
| 2020 | -21.3% | +1.6% | -2.4% |
| 2019 | -92.0% | -31.4% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Federated Foundations Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Federated Foundations Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $340K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, which is unusual for an organization with fluctuating revenues and expenses, suggesting either a fully volunteer-run model or that compensation is not disclosed in the standard officer compensation section.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Federated Foundations Inc's IRS 990 filings:
- Significant operational deficit in 2023 ($1,437 revenue vs. $341,075 expenses).
- Highly volatile revenue and expense patterns over the past decade.
- Lack of reported officer compensation across all filings, which could obscure operational costs or leadership structure.
- NTEE Code is unknown, making it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Federated Foundations Inc:
- Consistently low liabilities ($1 or $0) across all reported periods, indicating minimal debt.
- Maintained substantial assets, generally above $1 million in recent years, despite revenue fluctuations.
- Demonstrated ability to generate significant revenue in certain years (e.g., $653,505 in 2015, $423,076 in 2021).
Frequently Asked Questions about Federated Foundations Inc
Is Federated Foundations Inc a legitimate charity?
Federated Foundations Inc (EIN: 136143973) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $994K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Federated Foundations Inc spend its money?
Federated Foundations Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Federated Foundations Inc tax-deductible?
Federated Foundations Inc is registered as a tax-exempt nonprofit (EIN: 136143973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Federated Foundations Inc's spending goes to programs?
Federated Foundations Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Federated Foundations Inc located?
Federated Foundations Inc is headquartered in Block Island, Rhode Island and files with the IRS under EIN 136143973.
How many years of IRS 990 filings does Federated Foundations Inc have?
Federated Foundations Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $994K in total revenue.
What caused the significant deficit in 2023, with revenue of $1,437 against expenses of $341,075?
The filings do not provide specific details on the nature of these expenses or the reason for such low revenue in 2023. Further investigation into their program activities and funding sources for that year would be necessary.
Why is there no officer compensation reported across all ten filings?
The consistent reporting of zero officer compensation could indicate that the organization is entirely volunteer-run at the executive level, or that compensation is structured in a way not captured under 'officer compensation' on the 990 form. This warrants further inquiry for full transparency.
What is the primary source of Federated Foundations Inc.'s revenue, given its high variability?
The filings show highly inconsistent revenue figures, ranging from a negative value in 2011 to over $650,000 in 2015. Without more detailed breakdowns of revenue streams, it's difficult to ascertain the primary source or the reasons for such volatility.
How does Federated Foundations Inc. manage its programs and operations with such fluctuating financial resources?
The significant swings in revenue and expenses suggest either highly adaptable program delivery or potential challenges in consistent program planning and execution. The organization's ability to maintain assets despite these fluctuations is notable.
Filing History
IRS 990 filing history for Federated Foundations Inc showing financial trends over 10 years of public records:
Total assets increased by 108% over the same period, from $486K to $1.0M. Total functional expenses rose by 2014.9%, from $16K to $341K. In its most recent filing year (2023), Federated Foundations Inc reported a deficit of $340K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $341K | $1.0M | $1 | — | View 990 |
| 2022 | $43K | $59K | $1.4M | $1 | — | View 990 |
| 2021 | $423K | $82K | $1.4M | $1 | — | View 990 |
| 2020 | $41K | $66K | $1.0M | $1 | — | View 990 |
| 2019 | $53K | $65K | $1.1M | $1 | — | View 990 |
| 2015 | $654K | $95K | $1.1M | $1 | — | View 990 |
| 2014 | $11K | $2K | $503K | $1 | — | View 990 |
| 2013 | $13K | $7K | $494K | $1 | — | View 990 |
| 2012 | $10K | $8K | $488K | $0 | — | View 990 |
| 2011 | $-31,838 | $16K | $486K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $341K, and assets of $1.0M (revenue -96.6% year-over-year).
- 2022: Revenue of $43K, expenses of $59K, and assets of $1.4M (revenue -89.9% year-over-year).
- 2021: Revenue of $423K, expenses of $82K, and assets of $1.4M (revenue +923.6% year-over-year).
- 2020: Revenue of $41K, expenses of $66K, and assets of $1.0M (revenue -21.3% year-over-year).
- 2019: Revenue of $53K, expenses of $65K, and assets of $1.1M (revenue -92.0% year-over-year).
- 2015: Revenue of $654K, expenses of $95K, and assets of $1.1M (revenue +5810.3% year-over-year).
- 2014: Revenue of $11K, expenses of $2K, and assets of $503K (revenue -16.0% year-over-year).
- 2013: Revenue of $13K, expenses of $7K, and assets of $494K (revenue +32.6% year-over-year).
- 2012: Revenue of $10K, expenses of $8K, and assets of $488K.
- 2011: Revenue of $-31,838, expenses of $16K, and assets of $486K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Federated Foundations Inc:
Data Sources and Methodology
This transparency report for Federated Foundations Inc 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.