Fitzpatrick & Francis Familybusiness Coutinuity Foundation
Fitzpatrick & Francis Foundation faces significant financial decline with consistent operating losses and shrinking assets.
EIN: 205171207 · Topeka, KS · NTEE: T12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $17K |
| Program Spending | 70% |
| Net Assets | $72K |
| Transparency Score | 40/100 |
Is Fitzpatrick & Francis Familybusiness Coutinuity Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fitzpatrick & Francis Familybusiness Coutinuity Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Fitzpatrick & Francis Familybusiness Coutinuity Foundation
Fitzpatrick & Francis Familybusiness Coutinuity Foundation (EIN: 205171207) is a nonprofit organization based in Topeka, KS, classified under NTEE code T12. The organization reported total revenue of $12K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fitzpatrick & Francis Familybusiness Coutinuity Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fitzpatrick & Francis Familybusiness Coutinuity Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -188.8% | +8.5% | -14.6% |
| 2022 | -2.7% | +2.5% | -18.1% |
| 2021 | +13.5% | +6.6% | -5.9% |
| 2020 | -9.3% | -10.8% | -12.3% |
| 2019 | -41.6% | -53.0% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Fitzpatrick & Francis Familybusiness Coutinuity Foundation with a Mission Score of 40 out of 100 (Fair). 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, Fitzpatrick & Francis Familybusiness Coutinuity Foundation 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries from the organization. This suggests a volunteer-led or very lean operational structure, which can be positive for minimizing overhead, but doesn't prevent the overall financial decline.
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 Fitzpatrick & Francis Familybusiness Coutinuity Foundation's IRS 990 filings:
- Consistent operational losses (expenses exceeding revenue) across multiple years.
- Significant decline in total assets from $201,011 in 2011 to $71,537 in 2023.
- Negative revenue reported in the most recent filing ($-12,021 in 2023).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering full efficiency analysis.
Strengths
The following positive indicators were identified for Fitzpatrick & Francis Familybusiness Coutinuity Foundation:
- Consistent filing of IRS Form 990s, indicating a commitment to regulatory transparency.
- No officer compensation reported, suggesting a volunteer-driven leadership or very low administrative overhead in that specific area.
- Minimal liabilities reported across all filings ($0 or $1), indicating a clean balance sheet in terms of debt.
Frequently Asked Questions about Fitzpatrick & Francis Familybusiness Coutinuity Foundation
Is Fitzpatrick & Francis Familybusiness Coutinuity Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fitzpatrick & Francis Familybusiness Coutinuity Foundation (EIN: 205171207) significant concerns. Mission Score: 40/100. 4 red flags identified, 3 strengths noted.
How does Fitzpatrick & Francis Familybusiness Coutinuity Foundation spend its money?
Fitzpatrick & Francis Familybusiness Coutinuity Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fitzpatrick & Francis Familybusiness Coutinuity Foundation tax-deductible?
Fitzpatrick & Francis Familybusiness Coutinuity Foundation is registered as a tax-exempt nonprofit (EIN: 205171207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fitzpatrick & Francis Familybusiness Coutinuity Foundation's spending goes to programs?
Fitzpatrick & Francis Familybusiness Coutinuity Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Fitzpatrick & Francis Familybusiness Coutinuity Foundation compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Fitzpatrick & Francis Familybusiness Coutinuity Foundation is near average for NTEE category T12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fitzpatrick & Francis Familybusiness Coutinuity Foundation located?
Fitzpatrick & Francis Familybusiness Coutinuity Foundation is headquartered in Topeka, Kansas and files with the IRS under EIN 205171207. It is classified under NTEE code T12.
How many years of IRS 990 filings does Fitzpatrick & Francis Familybusiness Coutinuity Foundation have?
Fitzpatrick & Francis Familybusiness Coutinuity 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 Fitzpatrick & Francis Familybusiness Coutinuity Foundation financially sustainable?
Based on the consistent trend of expenses exceeding revenue and a significant decline in assets from $201,011 in 2011 to $71,537 in 2023, the organization's financial sustainability is highly questionable. The negative revenue in 2023 further exacerbates this concern.
What caused the negative revenue in 2023?
The provided data does not specify the cause of the negative revenue of $-12,021 in Period 202312. This could be due to significant investment losses, returns of prior year contributions, or other unusual financial events that would require reviewing the full IRS Form 990.
How does the organization fund its operations given consistent losses?
The organization appears to be funding its operations by drawing down its existing asset base. With expenses consistently higher than revenue, the difference is covered by liquidating assets, as evidenced by the continuous decrease in total assets over the years.
Filing History
IRS 990 filing history for Fitzpatrick & Francis Familybusiness Coutinuity Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fitzpatrick & Francis Familybusiness Coutinuity Foundation's revenue has declined by 208.8%, moving from $11K to $-12,021. Total assets decreased by 64.4% over the same period, from $201K to $72K. Total functional expenses fell by 61.2%, from $43K to $17K. The organization holds $1 in liabilities against $72K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $72K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-12,021 | $17K | $72K | $1 | — | — |
| 2022 | $14K | $15K | $84K | $1 | — | View 990 |
| 2021 | $14K | $15K | $102K | $1 | — | — |
| 2020 | $12K | $14K | $109K | $1 | — | — |
| 2019 | $14K | $16K | $124K | $0 | — | View 990 |
| 2015 | $23K | $33K | $128K | $0 | — | View 990 |
| 2014 | $18K | $28K | $139K | $0 | — | View 990 |
| 2013 | $17K | $35K | $149K | $0 | — | View 990 |
| 2012 | $22K | $56K | $167K | $0 | — | View 990 |
| 2011 | $11K | $43K | $201K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-12,021, expenses of $17K, and assets of $72K (revenue -188.8% year-over-year).
- 2022: Revenue of $14K, expenses of $15K, and assets of $84K (revenue -2.7% year-over-year).
- 2021: Revenue of $14K, expenses of $15K, and assets of $102K (revenue +13.5% year-over-year).
- 2020: Revenue of $12K, expenses of $14K, and assets of $109K (revenue -9.3% year-over-year).
- 2019: Revenue of $14K, expenses of $16K, and assets of $124K (revenue -41.6% year-over-year).
- 2015: Revenue of $23K, expenses of $33K, and assets of $128K (revenue +29.5% year-over-year).
- 2014: Revenue of $18K, expenses of $28K, and assets of $139K (revenue +5.1% year-over-year).
- 2013: Revenue of $17K, expenses of $35K, and assets of $149K (revenue -21.3% year-over-year).
- 2012: Revenue of $22K, expenses of $56K, and assets of $167K (revenue +95.1% year-over-year).
- 2011: Revenue of $11K, expenses of $43K, and assets of $201K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fitzpatrick & Francis Familybusiness Coutinuity Foundation:
Data Sources and Methodology
This transparency report for Fitzpatrick & Francis Familybusiness Coutinuity 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.