Is Alfred Quimby Fund Ttee Legit?

Spending Breakdown

How Alfred Quimby Fund Ttee allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

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 Alfred Quimby Fund Ttee

Is Alfred Quimby Fund Ttee a legitimate charity?

Based on AI analysis of IRS 990 filings, Alfred Quimby Fund Ttee (EIN: 20241554) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.

Is Alfred Quimby Fund Ttee a good charity to donate to?

Alfred Quimby Fund Ttee has a Mission Score of 92/100. Revenue: $683K. Assets: $6.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alfred Quimby Fund Ttee?

The Employer Identification Number (EIN) for Alfred Quimby Fund Ttee is 20241554. 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 Alfred Quimby Fund Ttee spend its money?

Alfred Quimby Fund Ttee allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alfred Quimby Fund Ttee's tax-exempt status?

You can verify Alfred Quimby Fund Ttee's tax-exempt status using EIN 20241554 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 Alfred Quimby Fund Ttee demonstrates consistent financial stability with growing assets over the past decade, reaching $6,488,549 in the latest period. The organization's revenue has fluctuated, with the latest reported revenue at $682,764, but generally covers expenses. For instance, in 202406, expenses were $443,093 against revenues of $436,887, indicating a slight deficit, while in 202206, revenue significantly exceeded expenses ($703,206 vs. $384,892). This suggests a generally healthy financial position, though careful monitoring of expense coverage is warranted.

The organization appears to be highly efficient in its operations, as evidenced by its consistent reporting of 0% officer compensation across all available filings. This indicates that administrative costs related to executive salaries are non-existent, allowing more funds to be directed towards its mission. The low liabilities, often reported as $1 or $0, further underscore a strong balance sheet and responsible financial management. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise spending efficiency ratio cannot be calculated, but the absence of executive compensation is a strong positive indicator.

Transparency is good given the consistent filing of IRS Form 990s over many years. The readily available financial data, including revenue, expenses, and assets, allows for a clear overview of the organization's financial activities. The consistent reporting of minimal liabilities and zero officer compensation enhances trust and indicates a focus on resource allocation directly to charitable purposes. However, the lack of NTEE code information and a detailed functional expense breakdown in the provided data limits a deeper analysis of program focus and specific spending categories.

Verdict: Alfred Quimby Fund Ttee appears trustworthy

Red Flags

Strengths