Is Alabama Veterinary Medical Foundation…

Quick charity verification for Alabama Veterinary Medical Foundation (EIN: 200597730)

Strengths

Consistent asset growth, from $162,596 in 2014 to $353,143 in 2023.
Zero liabilities reported in most recent filings, including 2023, indicating strong financial health.
0% officer compensation, suggesting volunteer leadership and efficient use of funds.
Consistent IRS 990 filing history over 13 periods, demonstrating transparency and compliance.
Stable revenue base, with latest revenue at $278,663 in 2023.

Spending Breakdown

How Alabama Veterinary Medical Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Alabama Veterinary Medical Foundation

Is Alabama Veterinary Medical Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Alabama Veterinary Medical Foundation (EIN: 200597730) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Alabama Veterinary Medical Foundation a good charity to donate to?

Alabama Veterinary Medical Foundation has a Mission Score of 90/100. Revenue: $268K. Assets: $265K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alabama Veterinary Medical Foundation?

The Employer Identification Number (EIN) for Alabama Veterinary Medical Foundation is 200597730. 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 Alabama Veterinary Medical Foundation spend its money?

Alabama Veterinary Medical Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alabama Veterinary Medical Foundation's tax-exempt status?

You can verify Alabama Veterinary Medical Foundation's tax-exempt status using EIN 200597730 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 Alabama Veterinary Medical Foundation demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade, typically between $150,000 and $280,000. The organization has maintained a healthy asset base, growing from $162,596 in 2014 to $353,143 in 2023, indicating good financial stewardship and capacity. A notable strength is the consistent reporting of zero liabilities across most years, including the latest 2023 filing, which points to strong financial management and a lack of debt burden. The absence of officer compensation further enhances its transparency and suggests that leadership is likely volunteer-based, allowing more funds to be directed towards its mission.

While specific program spending ratios are not provided in the summary data, the consistent operational expenses relative to revenue suggest a stable, if not rapidly expanding, organization. The foundation's financial health appears robust, with a solid asset base and minimal liabilities. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory compliance and transparency, providing a clear historical financial picture for stakeholders. The lack of officer compensation is a significant positive indicator for donor confidence regarding how funds are utilized.

Overall, the Alabama Veterinary Medical Foundation appears to be a financially stable and transparent organization. Its consistent asset growth, minimal liabilities, and lack of executive compensation are strong indicators of responsible financial management. To further assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses from the full 990 forms would be beneficial, but based on the provided data, the foundation exhibits sound financial practices.

Is Alabama Veterinary Medical Foundation Legit?

Verdict: Alabama Veterinary Medical Foundation appears trustworthy