Is Albatross Foundation Legit?

Red Flags

Unusually low liabilities (often $1) could indicate simplified reporting or that certain financial obligations are managed externally, though it generally reflects strong financial health.
Consistent 0% officer compensation for an organization of this size is highly unusual and might warrant further inquiry into how leadership is supported or if compensation is reported elsewhere.

Strengths

Strong and growing asset base, reaching $28,266,190 in the latest filing.
Exceptional financial stability with consistently low liabilities (often $1).
Zero reported officer compensation across all ten filings, indicating high efficiency in directing funds to mission.
Long and consistent filing history (10 filings) demonstrating sustained operations and transparency.
Expenses generally managed below revenue, contributing to asset growth.

Spending Breakdown

How Albatross 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

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 Albatross Foundation

Is Albatross Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Albatross Foundation (EIN: 208064368) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.

Is Albatross Foundation a good charity to donate to?

Albatross Foundation has a Mission Score of 95/100. Revenue: $4.4M. Assets: $28.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Albatross Foundation?

The Employer Identification Number (EIN) for Albatross Foundation is 208064368. 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 Albatross Foundation spend its money?

Albatross Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Albatross Foundation's tax-exempt status?

You can verify Albatross Foundation's tax-exempt status using EIN 208064368 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 Albatross Foundation demonstrates consistent financial stability with substantial assets, reaching $28,266,190 in its latest filing. While revenue has fluctuated, with a high of $4,000,258 in 2021 and $1,501,068 in 2023, the organization has generally maintained expenses below revenue, contributing to asset growth. The foundation's liabilities have remained exceptionally low across all reported periods, often at $1, indicating strong financial management and minimal debt burden.

Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all ten filings, suggesting that a very high proportion of funds are directed towards programs and operational costs rather than executive salaries. This commitment to minimizing administrative overhead, especially at the leadership level, is a significant positive indicator for donors. The organization's NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which inherently involves distributing funds to other organizations or causes.

Transparency is excellent, primarily due to the publicly available IRS 990 filings and the clear reporting of financial metrics. The consistent zero officer compensation is a highly transparent and positive financial practice. The foundation's long filing history (10 filings) provides a comprehensive view of its financial trajectory, allowing for thorough analysis of its fiscal health and operational consistency over more than a decade.

Verdict: Albatross Foundation appears trustworthy