Is Alan K And Isabelle Derkazarian Foundation Legit?
Quick charity verification for Alan K And Isabelle Derkazarian Foundation (EIN: 20762484)
Verdict: Alan K And Isabelle Derkazarian Foundation appears trustworthy
88/100Mission Score
$491KRevenue
$1.4MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown in summary data prevents precise program efficiency analysis
Strengths
Consistent revenue growth, from $15,165 in 2011 to $451,621 in 2023.
Significant asset accumulation, growing from $602,447 in 2011 to $1,302,933 in 2023.
Zero reported officer compensation across all filings, indicating efficient use of funds.
Consistent financial surpluses, with revenue exceeding expenses in most periods.
Stable financial operations over a long period (10 filings available).
Spending Breakdown
How Alan K And Isabelle Derkazarian 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
5%
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 Alan K And Isabelle Derkazarian Foundation
Is Alan K And Isabelle Derkazarian Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alan K And Isabelle Derkazarian Foundation (EIN: 20762484) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Alan K And Isabelle Derkazarian Foundation a good charity to donate to?
Alan K And Isabelle Derkazarian Foundation has a Mission Score of 88/100. Revenue: $491K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Alan K And Isabelle Derkazarian Foundation?
The Employer Identification Number (EIN) for Alan K And Isabelle Derkazarian Foundation is 20762484. 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 Alan K And Isabelle Derkazarian Foundation spend its money?
Alan K And Isabelle Derkazarian Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Alan K And Isabelle Derkazarian Foundation's tax-exempt status?
You can verify Alan K And Isabelle Derkazarian Foundation's tax-exempt status using EIN 20762484 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 Alan K And Isabelle Derkazarian Foundation demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. In the latest filing (202312), the organization reported revenue of $451,621 against expenses of $252,657, resulting in a significant surplus that contributes to its growing asset base of $1,302,933. This consistent surplus generation suggests effective financial management and a strong capacity to build reserves.
The foundation's spending efficiency appears robust, with expenses consistently lower than revenue. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health is positive. The absence of officer compensation reported across all filings indicates a volunteer-led or very lean operational structure, which can contribute to higher program spending efficiency. However, without detailed expense categories, a precise assessment of spending efficiency across different functions is limited.
Transparency is generally good given the availability of 990 filings. The consistent reporting of zero officer compensation is a positive indicator of resource allocation. To further enhance transparency, a more detailed breakdown of expenses beyond total expenses would be beneficial for external stakeholders to understand how funds are allocated between programs, administration, and fundraising efforts.