Is Alexander Foundation Inc Legit? —…

Red Flags

Significant revenue volatility, including a negative revenue of $-3,259,216 in 2022, which could indicate reliance on unpredictable investment income.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes a precise efficiency assessment difficult.
Consistent reporting of $1 in liabilities across multiple years is unusual and might warrant further investigation into accounting practices.

Strengths

Strong asset base, currently at $66,728,111, providing significant financial stability.
Consistently low reported liabilities ($1 in most years), indicating minimal debt burden.
Consistent reporting of 0% officer compensation, which can be viewed positively for overhead efficiency.
Long history of IRS 990 filings (10 filings), indicating a commitment to transparency over time.
Expenses generally well below revenue in profitable years, leading to asset growth.

Spending Breakdown

How Alexander Foundation Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Foundation Inc

Is Alexander Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Alexander Foundation Inc (EIN: 203985244) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 5 strengths noted.

Is Alexander Foundation Inc a good charity to donate to?

Alexander Foundation Inc has a Mission Score of 85/100. Revenue: $6.7M. Assets: $66.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alexander Foundation Inc?

The Employer Identification Number (EIN) for Alexander Foundation Inc is 203985244. 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 Foundation Inc spend its money?

Alexander Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alexander Foundation Inc's tax-exempt status?

You can verify Alexander Foundation Inc's tax-exempt status using EIN 203985244 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 Foundation Inc. demonstrates a generally strong financial position with substantial assets, currently at $66,728,111. The organization has shown significant fluctuations in revenue over the past decade, ranging from a high of $36,068,207 in 2014 to a negative revenue of $-3,259,216 in 2022, indicating reliance on investment income or other non-operating revenue sources that can be volatile. Despite these fluctuations, expenses have remained relatively stable and significantly lower than revenue in most years, leading to consistent asset growth. The consistent reporting of $1 in liabilities across most filings suggests a very low debt burden, which is a positive indicator of financial stability.

The organization's spending efficiency appears robust, with expenses consistently well below revenue in most profitable years. For instance, in 2023, revenue was $4,512,922 against expenses of $1,812,743, indicating a significant surplus. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its financial management, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which could be a positive for donor perception regarding overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited.

Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting of zero officer compensation is a transparent disclosure. However, the lack of detailed expense breakdowns in the provided data prevents a deeper analysis of how funds are allocated between programs, administration, and fundraising. Further scrutiny of the full 990 forms would be necessary to fully evaluate the organization's transparency regarding its operational expenditures and program impact.

Is Alexander Foundation Inc Legit?

Verdict: Alexander Foundation Inc appears trustworthy