Quick charity verification for Alexander Eastman Foundation (EIN: 20222124)
Verdict: Alexander Eastman Foundation appears trustworthy
85/100Mission Score
$1.1MRevenue
$12.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent operational deficits in recent years (e.g., 2023 expenses nearly double revenue), indicating reliance on asset drawdowns or investment income to sustain operations.
Lack of detailed spending breakdown (program, admin, fundraising) in the provided summary makes it difficult to fully assess spending efficiency.
Strengths
Strong financial stability with substantial assets ($12,116,351) and low liabilities.
Consistent reporting of 0% officer compensation, indicating high transparency and potentially volunteer leadership.
Long history of IRS 990 filings (10 filings), demonstrating consistent compliance and transparency.
Significant asset base provides a buffer against revenue fluctuations and supports long-term sustainability.
Spending Breakdown
How Alexander Eastman Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Alexander Eastman Foundation
Is Alexander Eastman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alexander Eastman Foundation (EIN: 20222124) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Alexander Eastman Foundation a good charity to donate to?
Alexander Eastman Foundation has a Mission Score of 85/100. Revenue: $1.1M. Assets: $12.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Alexander Eastman Foundation?
The Employer Identification Number (EIN) for Alexander Eastman Foundation is 20222124. 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 Alexander Eastman Foundation spend its money?
Alexander Eastman Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Alexander Eastman Foundation's tax-exempt status?
You can verify Alexander Eastman Foundation's tax-exempt status using EIN 20222124 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 Alexander Eastman Foundation demonstrates consistent financial stability with substantial assets, averaging over $10 million across its filing history, and currently standing at $12,116,351. While the organization has experienced fluctuations in annual revenue and expenses, often operating with expenses exceeding revenue in recent years (e.g., $837,134 expenses vs. $465,754 revenue in 2023), its significant asset base suggests a strong endowment or investment strategy that supports its operations. The foundation's transparency is commendable, particularly given its consistent reporting of 0% officer compensation, indicating that its leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits in recent years, such as in 2023 where expenses were nearly double revenue, suggest that the organization is drawing down on its assets or relying heavily on investment returns to cover its activities. This is not inherently negative for a foundation, but it highlights the importance of understanding its grant-making or programmatic spending relative to its overall expenditures. The low liabilities across all periods also indicate sound financial management and a lack of significant debt.
Overall, the Alexander Eastman Foundation appears to be a well-established entity with a robust asset base. Its consistent reporting of no officer compensation is a strong indicator of transparency and dedication to its mission. Further analysis of its programmatic spending would provide a more complete picture of its efficiency, but the available data points to a financially stable organization with a clear commitment to its operational model.