The Fat Cat Foundation
EIN: 582337838 · Columbia, SC
| Metric | Value |
|---|---|
| Total Expenses | $595 |
| Net Assets | $7K |
Is The Fat Cat Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Fat Cat Foundation
The Fat Cat Foundation (EIN: 582337838) is a nonprofit organization based in Columbia, SC. 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 The Fat Cat Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Fat Cat Foundation is a micro nonprofit, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -28.9%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $595 |
| Total Expenses | $595 |
| Surplus / Deficit | +$0 |
| Total Assets | $7K |
| Total Liabilities | $1 |
| Net Assets | $7K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.8 months |
Financial Health Grade: A
In 2013, The Fat Cat Foundation reported a surplus of $0 with revenue exceeding expenses, holds 133.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2011–2013), The Fat Cat Foundation's revenue has declined at a compound annual growth rate (CAGR) of -28.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -59.8% | -96.1% | +0.0% |
| 2012 | +25.9% | +109578.6% | -67.6% |
AI Analysis Pending
AI enrichment for The Fat Cat Foundation 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 The Fat Cat Foundation 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.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Fat Cat Foundation
Is The Fat Cat Foundation a legitimate charity?
The Fat Cat Foundation (EIN: 582337838) is a registered tax-exempt nonprofit based in South Carolina. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does The Fat Cat Foundation spend its money?
The Fat Cat Foundation reported its financials in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Fat Cat Foundation tax-deductible?
The Fat Cat Foundation is registered as a tax-exempt nonprofit (EIN: 582337838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Fat Cat Foundation located?
The Fat Cat Foundation is headquartered in Columbia, South Carolina and files with the IRS under EIN 582337838.
How many years of IRS 990 filings does The Fat Cat Foundation have?
The Fat Cat Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for The Fat Cat Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), The Fat Cat Foundation's revenue has declined by 49.4%, moving from $1K to $595. Total assets decreased by 67.6% over the same period, from $21K to $7K. Total functional expenses rose by 4150%, from $14 to $595. In its most recent filing year (2013), The Fat Cat Foundation reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $7K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $595 | $595 | $7K | $1 | — | View 990 |
| 2012 | $1K | $15K | $7K | $1 | — | View 990 |
| 2011 | $1K | $14 | $21K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $595, expenses of $595, and assets of $7K (revenue -59.8% year-over-year).
- 2012: Revenue of $1K, expenses of $15K, and assets of $7K (revenue +25.9% year-over-year).
- 2011: Revenue of $1K, expenses of $14, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Fat Cat Foundation:
Data Sources and Methodology
This transparency report for The Fat Cat 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.