Quick charity verification for Ahearn Fam Foundation (EIN: 137582929)
Verdict: Ahearn Fam Foundation appears trustworthy
90/100Mission Score
$18.0MRevenue
$13.4MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown prevents precise program spending ratio calculation.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency in resource allocation.
Minimal liabilities reported ($1 in most recent filings), demonstrating strong financial health and low risk.
Stable asset base of nearly $6 million in 2023, providing a solid financial foundation.
Long history of IRS 990 filings (11 filings), indicating consistent transparency and compliance.
Expenses generally kept below or close to revenue in recent years, showing responsible financial management.
Spending Breakdown
How Ahearn Fam Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Ahearn Fam Foundation
Is Ahearn Fam Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ahearn Fam Foundation (EIN: 137582929) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Ahearn Fam Foundation a good charity to donate to?
Ahearn Fam Foundation has a Mission Score of 90/100. Revenue: $18.0M. Assets: $13.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ahearn Fam Foundation?
The Employer Identification Number (EIN) for Ahearn Fam Foundation is 137582929. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Ahearn Fam Foundation spend its money?
Ahearn Fam Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ahearn Fam Foundation's tax-exempt status?
You can verify Ahearn Fam Foundation's tax-exempt status using EIN 137582929 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Ahearn Fam Foundation demonstrates consistent financial stability with a healthy asset base, reporting $5,981,524 in assets in 2023 against $300,481 in expenses. The organization consistently maintains minimal liabilities, often reporting only $1, which indicates strong financial management and a low-risk profile. While revenue has fluctuated over the years, from a high of $5,942,890 in 2011 to $405,847 in 2023, the foundation has managed its expenses effectively, generally spending less than or close to its annual revenue in recent years, preventing significant asset depletion.
The foundation's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of its expenditures are directed towards its programmatic activities or operational costs rather than executive salaries. The absence of detailed expense breakdowns in the provided data makes a precise program spending ratio difficult to calculate, but the lack of executive compensation is a positive indicator of resource allocation. The consistent filing of IRS Form 990s over 11 periods demonstrates a commitment to transparency.
Overall, the Ahearn Fam Foundation appears to be a well-managed entity with a solid financial foundation and a clear commitment to directing resources effectively, as evidenced by its minimal liabilities and zero reported officer compensation. Its long history of filings and stable asset base suggest a sustainable operational model, though a more detailed breakdown of expenses would further clarify its programmatic efficiency.