First State Fools
First State Fools reports no financial activity in its latest IRS filing.
EIN: 200224253 · Wilmington, DE · NTEE: P58 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 20/100 |
Is First State Fools Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First State Fools
First State Fools (EIN: 200224253) is a nonprofit organization based in Wilmington, DE, classified under NTEE code P58. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First State Fools's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 First State Fools with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, First State Fools allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation was reported, which is consistent with the organization's $0 revenue and assets.
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 First State Fools's IRS 990 filings:
- No reported revenue or assets, indicating inactivity or very limited operations.
- Lack of financial data prevents any meaningful analysis of financial health or impact.
Strengths
The following positive indicators were identified for First State Fools:
- Filed IRS 990, indicating compliance with basic reporting requirements despite inactivity.
Frequently Asked Questions about First State Fools
Is First State Fools a legitimate charity?
First State Fools (EIN: 200224253) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 20/100. 2 red flags identified. 1 strength noted. Financial health grade: D.
How does First State Fools spend its money?
First State Fools reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to First State Fools tax-deductible?
First State Fools is registered as a tax-exempt nonprofit (EIN: 200224253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the First State Fools CEO make?
First State Fools's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does First State Fools compare to similar nonprofits?
With a transparency score of 20/100 (Poor), First State Fools is below average for NTEE category P58 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is First State Fools located?
First State Fools is headquartered in Wilmington, Delaware and files with the IRS under EIN 200224253. It is classified under NTEE code P58.
Is First State Fools a good charity?
Based on the latest IRS 990 data showing $0 in revenue and assets, there is no financial activity to evaluate its effectiveness as a charity. It appears to be inactive or in a very early stage without operations.
What are First State Fools' primary programs?
The IRS 990 data does not provide details on specific programs, as no program service expenses were reported due to $0 in revenue and assets.
Data Sources and Methodology
This transparency report for First State Fools 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.