Foresight Foundation For Economic Equity
EIN: 853702577 · Paradise Vly, AZ · NTEE: S30
Is Foresight Foundation For Economic Equity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foresight Foundation For Economic Equity
Foresight Foundation For Economic Equity (EIN: 853702577) is a nonprofit organization based in Paradise Vly, AZ, classified under NTEE code S30. The organization reported total revenue of $25K and total assets of $487K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foresight Foundation For Economic Equity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Foresight Foundation For Economic Equity has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foresight Foundation For Economic Equity with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Foresight Foundation For Economic Equity
Is Foresight Foundation For Economic Equity a legitimate charity?
Based on AI analysis of IRS 990 filings, Foresight Foundation For Economic Equity (EIN: 853702577) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foresight Foundation For Economic Equity spend its money?
Detailed spending breakdown data is not yet available for Foresight Foundation For Economic Equity. Check back for updated IRS 990 analysis.
Are donations to Foresight Foundation For Economic Equity tax-deductible?
Foresight Foundation For Economic Equity is registered as a tax-exempt nonprofit (EIN: 853702577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Foresight Foundation For Economic Equity showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Foresight Foundation For Economic Equity's revenue has grown by 11.5%, moving from $505K to $564K. Total assets increased by 160% over the same period, from $255K to $663K. Total functional expenses rose by 205.3%, from $251K to $766K. In its most recent filing year (2023), Foresight Foundation For Economic Equity reported a deficit of $203K, with expenses exceeding revenue. The organization holds $250K in liabilities against $663K in assets (debt-to-asset ratio: 37.7%), resulting in net assets of $413K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $564K | $766K | $663K | $250K | — | — |
| 2022 | $629K | $268K | $615K | $-70 | — | View 990 |
| 2021 | $505K | $251K | $255K | $463 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $564K, expenses of $766K, and assets of $663K (revenue -10.4% year-over-year).
- 2022: Revenue of $629K, expenses of $268K, and assets of $615K (revenue +24.5% year-over-year).
- 2021: Revenue of $505K, expenses of $251K, and assets of $255K.
Data Sources and Methodology
This transparency report for Foresight Foundation For Economic Equity 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.