Fitzsimmons Foundation
Fitzsimmons Foundation faces sustained operating deficits, drawing down assets to cover expenses.
EIN: 208728898 · Wheeling, WV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $639K |
| Total Expenses | $473K |
| Program Spending | 80% |
| Net Assets | $4.8M |
| Transparency Score | 55/100 |
Is Fitzsimmons Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fitzsimmons Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fitzsimmons Foundation
Fitzsimmons Foundation (EIN: 208728898) is a nonprofit organization based in Wheeling, WV, classified under NTEE code T22. The organization reported total revenue of $639K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fitzsimmons Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fitzsimmons Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $196K |
| Total Expenses | $473K |
| Surplus / Deficit | $-276,602 |
| Total Assets | $4.8M |
| Total Liabilities | $1 |
| Net Assets | $4.8M |
| Operating Margin | -140.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 121.0 months |
Financial Health Grade: B
In 2023, Fitzsimmons Foundation reported a deficit of $277K with expenses exceeding revenue, holds 121.0 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), Fitzsimmons Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.4% | +5.5% | -5.5% |
| 2022 | -4.4% | +15.2% | -5.5% |
| 2021 | -3.2% | +3.6% | -4.1% |
| 2020 | -16.0% | +6.2% | -3.6% |
| 2019 | +100.4% | +57.4% | +76.7% |
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 Fitzsimmons Foundation with a Mission Score of 55 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Fitzsimmons Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $277K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Fitzsimmons Foundation reports 0% officer compensation across all provided filings, indicating that no executive salaries are paid, which is highly efficient in terms of executive overhead.
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 Fitzsimmons Foundation's IRS 990 filings:
- Consistent operating deficits: Expenses significantly exceed revenue in most recent years (e.g., 2023 expenses $473,075 vs. revenue $196,473).
- Declining assets: Assets have decreased from $5,775,706 in 2019 to $4,768,433 in 2023, indicating reliance on reserves.
- Lack of detailed expense breakdown: Without specific program, administrative, and fundraising expense figures, it's hard to fully assess efficiency.
Strengths
The following positive indicators were identified for Fitzsimmons Foundation:
- Zero officer compensation: No executive salaries reported, indicating efficient use of funds in this area.
- Stable asset base (historically): Despite recent declines, the foundation maintains a significant asset base of over $4.5 million.
Frequently Asked Questions about Fitzsimmons Foundation
Is Fitzsimmons Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fitzsimmons Foundation (EIN: 208728898) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Fitzsimmons Foundation spend its money?
Fitzsimmons Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fitzsimmons Foundation tax-deductible?
Fitzsimmons Foundation is registered as a tax-exempt nonprofit (EIN: 208728898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fitzsimmons Foundation's spending goes to programs?
Fitzsimmons Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fitzsimmons Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Fitzsimmons Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fitzsimmons Foundation located?
Fitzsimmons Foundation is headquartered in Wheeling, West Virginia and files with the IRS under EIN 208728898. It is classified under NTEE code T22.
How many years of IRS 990 filings does Fitzsimmons Foundation have?
Fitzsimmons 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 $639K in total revenue.
How does the Fitzsimmons Foundation plan to address its consistent operating deficits?
The provided data shows a consistent trend of expenses exceeding revenue, leading to asset depletion. The organization needs a clear strategy to increase revenue or reduce expenses to achieve financial sustainability.
What are the specific program activities funded by the Fitzsimmons Foundation?
The NTEE code T22 indicates 'Foundations, Philanthropy, and Grantmaking Foundations'. More detailed information on specific grants or programs would be needed to understand their impact.
What is the breakdown of the organization's expenses beyond officer compensation?
While officer compensation is zero, the provided data lacks a detailed breakdown of other expenses (e.g., program services, administrative, fundraising), which is crucial for assessing spending efficiency.
Filing History
IRS 990 filing history for Fitzsimmons Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fitzsimmons Foundation's revenue has grown by 461.4%, moving from $35K to $196K. Total assets increased by 130.7% over the same period, from $2.1M to $4.8M. Total functional expenses rose by 427.8%, from $90K to $473K. In its most recent filing year (2023), Fitzsimmons Foundation reported a deficit of $277K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $196K | $473K | $4.8M | $1 | — | View 990 |
| 2022 | $155K | $449K | $5.0M | $1 | — | View 990 |
| 2021 | $163K | $389K | $5.3M | $1 | — | View 990 |
| 2020 | $168K | $376K | $5.6M | $1 | — | View 990 |
| 2019 | $200K | $354K | $5.8M | $1 | — | — |
| 2015 | $100K | $225K | $3.3M | $0 | — | View 990 |
| 2014 | $1.6M | $112K | $3.4M | $0 | — | View 990 |
| 2013 | $41K | $112K | $1.9M | $0 | — | View 990 |
| 2012 | $21K | $105K | $2.0M | $0 | — | View 990 |
| 2011 | $35K | $90K | $2.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $196K, expenses of $473K, and assets of $4.8M (revenue +26.4% year-over-year).
- 2022: Revenue of $155K, expenses of $449K, and assets of $5.0M (revenue -4.4% year-over-year).
- 2021: Revenue of $163K, expenses of $389K, and assets of $5.3M (revenue -3.2% year-over-year).
- 2020: Revenue of $168K, expenses of $376K, and assets of $5.6M (revenue -16.0% year-over-year).
- 2019: Revenue of $200K, expenses of $354K, and assets of $5.8M (revenue +100.4% year-over-year).
- 2015: Revenue of $100K, expenses of $225K, and assets of $3.3M (revenue -93.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $112K, and assets of $3.4M (revenue +3772.5% year-over-year).
- 2013: Revenue of $41K, expenses of $112K, and assets of $1.9M (revenue +101.0% year-over-year).
- 2012: Revenue of $21K, expenses of $105K, and assets of $2.0M (revenue -41.3% year-over-year).
- 2011: Revenue of $35K, expenses of $90K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fitzsimmons Foundation:
Data Sources and Methodology
This transparency report for Fitzsimmons 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.