Fugitt Foundation
Fugitt Foundation maintains substantial assets despite volatile revenue and zero reported officer compensation.
EIN: 201189418 · Mcalester, OK · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $31 |
| Net Assets | $31.4M |
| Transparency Score | 85/100 |
Is Fugitt Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fugitt Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fugitt Foundation
Fugitt Foundation (EIN: 201189418) is a nonprofit organization based in Mcalester, OK, classified under NTEE code T20. The organization reported total revenue of $3.3M and total assets of $31.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fugitt Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fugitt Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-430,654 |
| Total Assets | $31.4M |
| Total Liabilities | $1 |
| Net Assets | $31.4M |
| Operating Margin | -31.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 211.1 months |
Financial Health Grade: B
In 2023, Fugitt Foundation reported a deficit of $431K with expenses exceeding revenue, holds 211.1 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), Fugitt Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.1% | +132.4% | -1.4% |
| 2022 | -93.6% | -59.9% | +26.3% |
| 2021 | +7496.0% | +498.9% | +412.4% |
| 2020 | +113.7% | +19.9% | +2.8% |
| 2019 | -42.8% | -27.5% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Fugitt Foundation with a Mission Score of 85 out of 100 (Excellent). 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, Fugitt 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 deficit of $431K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Fugitt Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is highly unusual for an organization with over $31 million in 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 Fugitt Foundation's IRS 990 filings:
- Significant revenue volatility, with a peak of $34,545,397 in 2021 followed by a sharp decline to $1,354,202 in 2023, could indicate reliance on unpredictable funding sources.
- Expenses exceeded revenue in 2023 ($1,784,856 vs. $1,354,202), which if sustained, could lead to asset depletion.
- Zero reported officer compensation for an organization with over $31 million in assets is unusual and could mask indirect compensation or raise questions about leadership sustainability.
Strengths
The following positive indicators were identified for Fugitt Foundation:
- Substantial and growing asset base, reaching $31,897,490, provides long-term financial stability.
- Consistently minimal liabilities (often $1) indicate excellent financial management and low debt risk.
- Zero reported officer compensation suggests a highly efficient or volunteer-driven leadership structure, potentially maximizing funds for mission-related activities.
- Consistent IRS 990 filing history demonstrates a commitment to transparency and regulatory compliance.
Frequently Asked Questions about Fugitt Foundation
Is Fugitt Foundation a legitimate charity?
Fugitt Foundation (EIN: 201189418) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.3M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Fugitt Foundation spend its money?
Fugitt Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fugitt Foundation tax-deductible?
Fugitt Foundation is registered as a tax-exempt nonprofit (EIN: 201189418). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fugitt Foundation CEO make?
Fugitt Foundation's highest-compensated officer earns $31 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fugitt Foundation's spending goes to programs?
Fugitt Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fugitt Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fugitt Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fugitt Foundation located?
Fugitt Foundation is headquartered in Mcalester, Oklahoma and files with the IRS under EIN 201189418. It is classified under NTEE code T20.
How many years of IRS 990 filings does Fugitt Foundation have?
Fugitt 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 $3.3M in total revenue.
How does the Fugitt Foundation manage its significant asset base to further its mission?
With assets of $31,897,490, understanding the foundation's grant-making or direct program spending strategies is crucial to assess its impact.
What caused the substantial revenue spike in 2021 to $34,545,397 and its subsequent decline?
Identifying the source of this large revenue fluctuation (e.g., a major donation, investment gains) is important for understanding the foundation's financial stability and funding model.
What are the specific program activities funded by the Fugitt Foundation?
Without a detailed breakdown of program expenses, it's difficult to ascertain the direct impact of the foundation's financial resources on its stated mission.
How does the foundation sustain operations with zero reported officer compensation?
This suggests a highly volunteer-driven model or alternative compensation structures, which could impact long-term operational capacity and leadership.
Filing History
IRS 990 filing history for Fugitt Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fugitt Foundation's revenue has grown by 724.8%, moving from $164K to $1.4M. Total assets increased by 679.1% over the same period, from $4.0M to $31.4M. Total functional expenses rose by 546%, from $276K to $1.8M. In its most recent filing year (2023), Fugitt Foundation reported a deficit of $431K, with expenses exceeding revenue. The organization holds $1 in liabilities against $31.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $31.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.8M | $31.4M | $1 | — | View 990 |
| 2022 | $2.2M | $768K | $31.8M | $1 | — | View 990 |
| 2021 | $34.5M | $1.9M | $25.2M | $1 | — | View 990 |
| 2020 | $455K | $320K | $4.9M | $1 | — | — |
| 2019 | $213K | $267K | $4.8M | $1 | — | View 990 |
| 2015 | $372K | $368K | $4.6M | $1 | — | View 990 |
| 2014 | $339K | $251K | $4.6M | $1 | — | View 990 |
| 2013 | $595K | $179K | $4.5M | $0 | — | View 990 |
| 2012 | $497K | $359K | $4.1M | $0 | — | View 990 |
| 2011 | $164K | $276K | $4.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.8M, and assets of $31.4M (revenue -39.1% year-over-year).
- 2022: Revenue of $2.2M, expenses of $768K, and assets of $31.8M (revenue -93.6% year-over-year).
- 2021: Revenue of $34.5M, expenses of $1.9M, and assets of $25.2M (revenue +7496.0% year-over-year).
- 2020: Revenue of $455K, expenses of $320K, and assets of $4.9M (revenue +113.7% year-over-year).
- 2019: Revenue of $213K, expenses of $267K, and assets of $4.8M (revenue -42.8% year-over-year).
- 2015: Revenue of $372K, expenses of $368K, and assets of $4.6M (revenue +9.9% year-over-year).
- 2014: Revenue of $339K, expenses of $251K, and assets of $4.6M (revenue -43.0% year-over-year).
- 2013: Revenue of $595K, expenses of $179K, and assets of $4.5M (revenue +19.5% year-over-year).
- 2012: Revenue of $497K, expenses of $359K, and assets of $4.1M (revenue +203.0% year-over-year).
- 2011: Revenue of $164K, expenses of $276K, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fugitt Foundation:
Data Sources and Methodology
This transparency report for Fugitt 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.