Quick charity verification for Albertine Foundation (EIN: 136165672)
Verdict: Albertine Foundation appears trustworthy
92/100Mission Score
$6.7MRevenue
$9.0MAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets, which could warrant further investigation into funding sources or asset composition.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, making a precise efficiency calculation difficult without the full 990.
Strengths
Consistent 0% officer compensation across all filings, indicating high operational efficiency and dedication to mission.
Significant and consistent revenue growth, from $1.4M in 2020 to $6.8M in 2023.
Strong asset growth, increasing from $2.8M in 2020 to $7.9M in 2023.
Positive net income (revenue exceeding expenses) in most recent years, contributing to financial stability.
Excellent transparency with 13 years of consistent IRS 990 filings.
Spending Breakdown
How Albertine Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Albertine Foundation
Is Albertine Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Albertine Foundation (EIN: 136165672) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Albertine Foundation a good charity to donate to?
Albertine Foundation has a Mission Score of 92/100. Revenue: $6.7M. Assets: $9.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Albertine Foundation?
The Employer Identification Number (EIN) for Albertine Foundation is 136165672. 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 Albertine Foundation spend its money?
Albertine Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Albertine Foundation's tax-exempt status?
You can verify Albertine Foundation's tax-exempt status using EIN 136165672 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 Albertine Foundation demonstrates a generally healthy financial position with significant growth in revenue and assets over the past few years. In 2023, the organization reported revenue of $6,852,363 against expenses of $4,502,827, resulting in a substantial surplus that contributed to asset growth. This trend of revenue exceeding expenses is positive, especially when compared to earlier periods like 2015 and 2016 where expenses outstripped revenue. The foundation's assets have grown from $2,821,309 in 2020 to $7,995,089 in 2023, indicating strong financial management and accumulation of resources.
The organization's spending efficiency appears robust, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards programmatic activities or operational costs rather than executive salaries, which is a strong indicator of efficiency. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive sign for donor confidence.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is commendable, providing a clear historical record of financial activity. The lack of reported officer compensation enhances transparency by demonstrating that leadership is not drawing salaries from the organization. Overall, the Albertine Foundation appears to be a financially sound and efficiently managed organization, with a clear commitment to its mission as evidenced by its financial practices.