Quick charity verification for Albrecht Fam Charitable Foundation (EIN: 207509796)
Verdict: Albrecht Fam Charitable Foundation appears trustworthy
75/100Mission Score
$2.0MRevenue
$961KAssets
2Red Flags
3Strengths
Red Flags
Historically inconsistent revenue and expense patterns, with several years showing expenses far exceeding revenue (e.g., 202012: $70 revenue vs. $480,750 expenses).
Significant fluctuations in asset levels over the years, indicating potential instability or aggressive investment strategies.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds without high executive salaries.
Recent financial periods (202312, 202212, 202112) show strong revenue generation exceeding expenses, leading to surpluses.
Minimal liabilities reported across all filings ($0 or $1), indicating a healthy balance sheet with very low debt.
Spending Breakdown
How Albrecht Fam Charitable Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Albrecht Fam Charitable Foundation
Is Albrecht Fam Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Albrecht Fam Charitable Foundation (EIN: 207509796) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Albrecht Fam Charitable Foundation a good charity to donate to?
Albrecht Fam Charitable Foundation has a Mission Score of 75/100. Revenue: $2.0M. Assets: $961K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Albrecht Fam Charitable Foundation?
The Employer Identification Number (EIN) for Albrecht Fam Charitable Foundation is 207509796. 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 Albrecht Fam Charitable Foundation spend its money?
Albrecht Fam Charitable Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Albrecht Fam Charitable Foundation's tax-exempt status?
You can verify Albrecht Fam Charitable Foundation's tax-exempt status using EIN 207509796 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 Albrecht Fam Charitable Foundation demonstrates a fluctuating financial history, with significant variations in revenue and expenses over the past decade. In the latest filing (202312), the organization reported revenue of $2,152,125 against expenses of $650,577, indicating a substantial surplus for the period. This trend of revenue exceeding expenses is also observed in 202212 and 202112, suggesting improved financial management or increased funding in recent years compared to earlier periods where expenses frequently outstripped revenue (e.g., 202012, 201512, 201412, 201312, 201212, 201112). The foundation consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The organization's assets have also shown considerable fluctuation, from a high of $1,795,454 in 201112 to a low of $34,121 in 202012, recovering to $632,471 in 202312. The consistent reporting of minimal liabilities ($1 or $0) across all filings suggests a healthy balance sheet in terms of debt.