Is Alaska Farmland Trust Corporation Legit?…

Quick charity verification for Alaska Farmland Trust Corporation (EIN: 202860877)

Spending Breakdown

How Alaska Farmland Trust Corporation 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 Alaska Farmland Trust Corporation

Is Alaska Farmland Trust Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Alaska Farmland Trust Corporation (EIN: 202860877) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Alaska Farmland Trust Corporation a good charity to donate to?

Alaska Farmland Trust Corporation has a Mission Score of 65/100. Revenue: $127K. Assets: $213K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alaska Farmland Trust Corporation?

The Employer Identification Number (EIN) for Alaska Farmland Trust Corporation is 202860877. 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 Alaska Farmland Trust Corporation spend its money?

Alaska Farmland Trust Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alaska Farmland Trust Corporation's tax-exempt status?

You can verify Alaska Farmland Trust Corporation's tax-exempt status using EIN 202860877 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

Alaska Farmland Trust Corporation exhibits fluctuating financial health over the past decade. While the organization has periods of strong revenue, such as $757,251 in 2015 and $444,702 in 2017, it also experiences significant deficits, most notably in 2023 where expenses of $408,169 far exceeded revenue of $98,142. This resulted in a negative net asset position with liabilities ($264,489) surpassing assets ($253,298) in the latest filing. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive for donor confidence regarding administrative overhead.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation suggests a commitment to minimizing executive overhead. The significant expense in 2023 relative to revenue raises questions about the nature of those expenditures and their long-term sustainability. The organization's assets have also varied considerably, from a low of $77,516 in 2014 to a high of $506,631 in 2022, before declining to $253,298 in 2023.

Transparency appears to be adequate given the consistent filing of IRS Form 990s over 13 periods. The absence of officer compensation is a clear indicator of low administrative burden at the executive level. However, the substantial increase in liabilities in the latest filing period (2023) to $264,489, exceeding assets, warrants closer examination by potential donors to understand the financial stability and operational risks.

Is Alaska Farmland Trust Corporation Legit?

Verdict: Alaska Farmland Trust Corporation shows mixed signals

Red Flags

Strengths