Lack of detailed functional expense breakdown (programs vs. admin vs. fundraising) in provided data
Strengths
Strong and growing asset base ($5,079,342 current assets)
Minimal liabilities ($1 consistently reported)
Consistent financial surpluses in most years (e.g., $632,503 revenue vs. $406,819 expenses in 2023)
No reported officer compensation, indicating high efficiency or volunteer leadership
Consistent IRS 990 filing history over a decade
Spending Breakdown
How Aldermere 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 Aldermere Foundation
Is Aldermere Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Aldermere Foundation (EIN: 16059906) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Aldermere Foundation a good charity to donate to?
Aldermere Foundation has a Mission Score of 85/100. Revenue: $677K. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aldermere Foundation?
The Employer Identification Number (EIN) for Aldermere Foundation is 16059906. 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 Aldermere Foundation spend its money?
Aldermere Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aldermere Foundation's tax-exempt status?
You can verify Aldermere Foundation's tax-exempt status using EIN 16059906 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 Aldermere Foundation demonstrates consistent financial stability with a healthy asset base, currently at $5,079,342. Over the past decade, the organization has generally maintained positive net revenue, with a notable exception in 2020 where revenue was negative $62,846, likely due to market fluctuations or specific grant cycles. Despite this, expenses have remained relatively stable, indicating prudent financial management. The foundation's liabilities have consistently been minimal, often reported as $1, which is a strong indicator of low financial risk and good fiscal health. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or that compensation is covered by another entity, which enhances the perception of efficiency and dedication to mission.
Spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in most years. For instance, in 2023, revenue was $632,503 against expenses of $406,819, resulting in a significant surplus. This surplus contributes to the growth and stability of its asset base, allowing for long-term program sustainability. The lack of detailed functional expense breakdowns in the provided data makes a precise assessment of program versus administrative spending challenging, but the overall financial health suggests resources are managed effectively.
Transparency is generally good given the consistent filing of IRS Form 990s over a decade. The consistent reporting of zero officer compensation is a transparent disclosure, even if it raises questions about how executive leadership is compensated if not directly by the foundation. The minimal liabilities further contribute to a clear financial picture. To further enhance transparency, a more detailed breakdown of program activities and their associated costs would be beneficial, especially given the substantial asset base.