Quick charity verification for Aletheia Foundation (EIN: 201861132)
Verdict: Aletheia Foundation appears trustworthy
85/100Mission Score
$1.0MRevenue
$58KAssets
2Red Flags
4Strengths
Red Flags
Significant fluctuation in assets without clear explanation in provided data (e.g., $296,064 in 2020 down to $40,181 in 2023)
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, making precise efficiency assessment difficult
Strengths
Consistent revenue generation exceeding expenses (e.g., $692,232 revenue vs. $444,566 expenses in 2023)
No reported officer compensation, indicating potential for very low administrative overhead or volunteer leadership
Minimal liabilities ($1 across all filings), demonstrating strong financial stability and low debt
Positive net income in most recent periods, allowing for reinvestment or reserve building
Spending Breakdown
How Aletheia Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Aletheia Foundation
Is Aletheia Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Aletheia Foundation (EIN: 201861132) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Aletheia Foundation a good charity to donate to?
Aletheia Foundation has a Mission Score of 85/100. Revenue: $1.0M. Assets: $58K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aletheia Foundation?
The Employer Identification Number (EIN) for Aletheia Foundation is 201861132. 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 Aletheia Foundation spend its money?
Aletheia Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aletheia Foundation's tax-exempt status?
You can verify Aletheia Foundation's tax-exempt status using EIN 201861132 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
Aletheia Foundation demonstrates a generally healthy financial position, with recent revenues significantly exceeding expenses. For instance, in 2023, the organization reported revenues of $692,232 against expenses of $444,566, indicating a substantial surplus. This trend of revenue exceeding expenses is consistent across most recent filings, suggesting effective financial management and an ability to build reserves. The organization's assets have fluctuated, reaching a high of $296,064 in 2020 before declining to $40,181 in 2023, which warrants further investigation into asset utilization or investment strategies. The consistent reporting of minimal liabilities ($1 across all filings) is a strong indicator of financial stability and low debt burden.
Spending efficiency appears strong, particularly given the consistent surpluses. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely quantify efficiency ratios. However, the significant difference between revenue and expenses suggests that a substantial portion of funds is available for programmatic activities or reinvestment. The absence of reported officer compensation across all filings is a notable aspect of their financial structure, potentially indicating a volunteer-led or very lean executive team, which can contribute to lower administrative overhead. This also speaks to a high degree of transparency regarding executive pay, as there is none to report.
Overall, Aletheia Foundation exhibits good financial health with a strong capacity to generate revenue and manage expenses. The minimal liabilities and lack of officer compensation are positive indicators of fiscal prudence and transparency. Further analysis of the specific allocation of expenses (program vs. administrative vs. fundraising) would provide a more complete picture of their spending efficiency, but the available data points to a well-managed organization.