Find A Way Foundation
Find A Way Foundation shows inconsistent revenue and expense patterns but maintains low liabilities and no executive compensation.
EIN: 200421043 · Centerville, UT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $5K |
| Program Spending | 85% |
| Net Assets | $18K |
| Transparency Score | 75/100 |
Is Find A Way Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Find A Way Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Find A Way Foundation
Find A Way Foundation (EIN: 200421043) is a nonprofit organization based in Centerville, UT, classified under NTEE code T22. The organization reported total revenue of $12K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Find A Way Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Find A Way Foundation is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $5K |
| Surplus / Deficit | +$8K |
| Total Assets | $18K |
| Total Liabilities | $1 |
| Net Assets | $18K |
| Operating Margin | 63.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 48.6 months |
Financial Health Grade: A
In 2023, Find A Way Foundation reported a surplus of $8K with revenue exceeding expenses, holds 48.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Find A Way Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.3% | -88.2% | +73.6% |
| 2022 | -46.7% | +433.3% | -66.9% |
| 2021 | +35.9% | -70.2% | +360.5% |
| 2020 | +528.6% | +461.7% | -7.4% |
| 2019 | -39.5% | -65.2% | +339.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Find A Way Foundation with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Find A Way Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly favorable for a small nonprofit.
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 Find A Way Foundation's IRS 990 filings:
- Inconsistent financial performance with significant year-over-year fluctuations in revenue and expenses.
- Expenses significantly exceeded revenue in multiple periods (e.g., 2022, 2020, 2019, 2015, 2014, 2012), indicating potential sustainability challenges.
Strengths
The following positive indicators were identified for Find A Way Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for executive salaries.
- Consistently low liabilities (typically $1), suggesting sound debt management.
- Positive financial rebound in 2023, with revenue ($12,236) exceeding expenses ($4,502).
Frequently Asked Questions about Find A Way Foundation
Is Find A Way Foundation a legitimate charity?
Find A Way Foundation (EIN: 200421043) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $12K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Find A Way Foundation spend its money?
Find A Way Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Find A Way Foundation tax-deductible?
Find A Way Foundation is registered as a tax-exempt nonprofit (EIN: 200421043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Find A Way Foundation's spending goes to programs?
Find A Way Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Find A Way Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Find A Way Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Find A Way Foundation located?
Find A Way Foundation is headquartered in Centerville, Utah and files with the IRS under EIN 200421043. It is classified under NTEE code T22.
How many years of IRS 990 filings does Find A Way Foundation have?
Find A Way Foundation 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 $12K in total revenue.
Is Find A Way Foundation a good charity?
Find A Way Foundation exhibits strong points such as zero executive compensation and consistently low liabilities. However, its financial stability has been inconsistent, with significant fluctuations in revenue and expenses, and periods where expenses exceeded revenue, such as in 2022. Donors should consider the organization's recent positive financial trend in 2023 as a potential sign of improved management.
What caused the significant asset drop in 2022?
The significant asset drop in 2022, from $31,738 in 2021 to $10,503, was primarily due to expenses ($38,310) being more than double the revenue ($17,075) in that fiscal period.
How has the organization's financial health changed over time?
The organization's financial health has been volatile. While there have been periods of strong revenue and asset growth (e.g., 2021), there have also been periods of significant expense overruns and asset depletion (e.g., 2022). The latest filing for 2023 shows a positive trend with revenue exceeding expenses.
Filing History
IRS 990 filing history for Find A Way Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Find A Way Foundation's revenue has declined by 66.7%, moving from $37K to $12K. Total assets increased by 342.8% over the same period, from $4K to $18K. Total functional expenses fell by 86.2%, from $33K to $5K. In its most recent filing year (2023), Find A Way Foundation reported a surplus of $8K, with revenue exceeding expenses. The organization holds $1 in liabilities against $18K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $5K | $18K | $1 | — | — |
| 2022 | $17K | $38K | $11K | $1 | — | — |
| 2021 | $32K | $7K | $32K | $1 | — | — |
| 2020 | $24K | $24K | $7K | $1 | — | — |
| 2019 | $4K | $4K | $7K | $1 | — | View 990 |
| 2015 | $6K | $12K | $2K | $1 | — | View 990 |
| 2014 | $8K | $15K | $8K | $1 | — | View 990 |
| 2013 | $22K | $9K | $15K | $0 | — | View 990 |
| 2012 | $16K | $17K | $2K | $0 | — | View 990 |
| 2011 | $37K | $33K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $5K, and assets of $18K (revenue -28.3% year-over-year).
- 2022: Revenue of $17K, expenses of $38K, and assets of $11K (revenue -46.7% year-over-year).
- 2021: Revenue of $32K, expenses of $7K, and assets of $32K (revenue +35.9% year-over-year).
- 2020: Revenue of $24K, expenses of $24K, and assets of $7K (revenue +528.6% year-over-year).
- 2019: Revenue of $4K, expenses of $4K, and assets of $7K (revenue -39.5% year-over-year).
- 2015: Revenue of $6K, expenses of $12K, and assets of $2K (revenue -26.3% year-over-year).
- 2014: Revenue of $8K, expenses of $15K, and assets of $8K (revenue -60.9% year-over-year).
- 2013: Revenue of $22K, expenses of $9K, and assets of $15K (revenue +38.2% year-over-year).
- 2012: Revenue of $16K, expenses of $17K, and assets of $2K (revenue -57.7% year-over-year).
- 2011: Revenue of $37K, expenses of $33K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Find A Way Foundation:
Data Sources and Methodology
This transparency report for Find A Way 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.