FLO Cares Foundation
Nonprofit profile at a glance
- EIN
- 933893319
- IRS 990-PF coverage
- 2024–2024
- Forms available
- Form 990-PF 2024
- Location
- Columbia, SC, USA
- Phone
- 8038877356
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Standard
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $17,001
- Expenses
- $12,020
Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.
Overview
Mission
Children's, Youth Services
What it reported funding in 2024
The foundation reported 3 grants totaling $2,275. The stated grant purposes included flo cares people volunteer for red cross; related to ongoing drives, hurricane milton and hurrican h, porvide financial support towaerds fundraising initiaves such as the lake carolina plunge & other, and donations we collect form community, firends, businesses and perosnal belongings.
Operating model
- Revenue model
- Donor-supported. 100% of the foundation's positive operating resources came from contributions.
- Distribution model
- Hybrid. The foundation combined direct charitable work with grants to other organizations or people.
The verdict
MIXED - A large share of available resources goes to charitable grants and the filing clearly reports transactions involving insiders. A relatively small share of spending goes to grants and assets provide a limited cushion relative to annual grants.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 19
- Transparency: NotEnoughData
- Compliance: 94
- Endowment Health: 59
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 68th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 18.9%; rating input score 19; 47th percentile among comparable filings
Transparency
- Grant recipient disclosure: Limited
Compliance
- Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 8; rating input score 89
Endowment Health
- Endowment-health comparison: 2.19; rating input score 59; 59th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: Filed grants detail
- Payout: At least 100% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 59th percentile for endowment coverage
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Cost Efficiency: Grant expense ratio scored 19/100.
- Review — Endowment Health: Endowment-health comparison scored 59/100.
- Moderate — Transparency & Controls: Balance sheet boy total did not reconcile in the filed values.