Quick charity verification for Alfa Foundation (EIN: 137228276)
Verdict: Alfa Foundation appears trustworthy
85/100Mission Score
$5.7MRevenue
$24.7MAssets
2Red Flags
3Strengths
Red Flags
Highly volatile revenue stream, making financial planning potentially challenging.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering a full assessment of spending efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial transparency and dedication of funds to mission.
Maintains a substantial asset base ($24,748,971), suggesting long-term financial stability.
Very low reported liabilities ($1 or $0), indicating minimal debt or financial obligations.
Spending Breakdown
How Alfa Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Alfa Foundation
Is Alfa Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alfa Foundation (EIN: 137228276) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Alfa Foundation a good charity to donate to?
Alfa Foundation has a Mission Score of 85/100. Revenue: $5.7M. Assets: $24.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Alfa Foundation?
The Employer Identification Number (EIN) for Alfa Foundation is 137228276. 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 Alfa Foundation spend its money?
Alfa Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Alfa Foundation's tax-exempt status?
You can verify Alfa Foundation's tax-exempt status using EIN 137228276 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
Alfa Foundation demonstrates a mixed financial picture. While the organization has reported significant revenue fluctuations over the past decade, including a negative revenue year in 2019, its asset base has remained substantial, currently at $24,748,971. The foundation consistently reports zero officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the consistent reporting of only $1 in liabilities across recent filings, or $0 in earlier filings, suggests a simplified financial structure or potentially limited external financial obligations.
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 zero officer compensation is a positive sign for efficiency in leadership costs. The foundation's revenue has shown considerable volatility, ranging from a high of $20,607,341 in 2013 to a low of $-463,210 in 2019, indicating an inconsistent funding model or reliance on large, infrequent contributions. Despite this, the organization has maintained a robust asset base, suggesting effective asset management or significant endowments.
Overall, Alfa Foundation appears transparent regarding executive compensation, with no reported officer salaries. The stability of its asset base despite revenue fluctuations is noteworthy. A more detailed breakdown of expenses would be necessary to fully evaluate spending efficiency and program focus, but the absence of executive compensation is a positive indicator for donor confidence.