Truthfc
Nonprofit profile at a glance
- EIN
- 475216627
- IRS 990-PF coverage
- 2017–2020
- Forms available
- Form 990-PF 2020
- Location
- Broomfield, CO, USA
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Interfaith Coalitions
Reported finances
- Revenue
- $22,326
- Expenses
- $17,286
Source: IRS Form 990-PF. Selected filing: tax year 2020. Amounts in USD.
Overview
Mission
Interfaith Coalitions
What it reported funding in 2020
The foundation reported 5 grants totaling $4,344. The stated grant purposes included promote youth sports in rural communities, promote youth and young adults soccer abilities, and promote youths soccer abilities, plus 2 other reported purposes.
Operating model
- Revenue model
- Donor-supported. 96% of the foundation's positive operating resources came from contributions.
- Distribution model
- No current program activity. The filing reports no charitable disbursements for the current year.
The verdict
MIXED - The filed numbers largely add up and the filing identifies who received its grants. A relatively small share of spending goes to grants and the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 25
- Transparency: 100
- Compliance: 100
- Endowment Health: 75
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 25.1%; rating input score 25; 43rd percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
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 100
Endowment Health
- Endowment-health comparison: 12.27; rating input score 75; 75th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 75th percentile for endowment coverage
- Consistency: 8 of 8 current checks pass
- Filing history: 4 filing years from 2017 to 2020
- Contacts: How to reach this organization
- Money network: 5 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Cost Efficiency: Grant expense ratio scored 25/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.