Is Algernon Sydney Sullivan Foundation…

Quick charity verification for Algernon Sydney Sullivan Foundation (EIN: 136084596)

Strengths

Strong and stable asset base, consistently above $14 million, providing financial security and long-term sustainability.
Excellent transparency regarding executive compensation, with 0% reported officer compensation across all filings.
Significant revenue generation in several periods (e.g., $2.15 million in 2020, $1.89 million in 2022) demonstrates fundraising capacity.
Low liabilities in most recent filings ($5,487 in 2023, $3,877 in 2022) indicate good financial management.

Spending Breakdown

How Algernon Sydney Sullivan Foundation 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 Algernon Sydney Sullivan Foundation

Is Algernon Sydney Sullivan Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Algernon Sydney Sullivan Foundation (EIN: 136084596) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Algernon Sydney Sullivan Foundation a good charity to donate to?

Algernon Sydney Sullivan Foundation has a Mission Score of 85/100. Revenue: $10.6M. Assets: $15.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Algernon Sydney Sullivan Foundation?

The Employer Identification Number (EIN) for Algernon Sydney Sullivan Foundation is 136084596. 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 Algernon Sydney Sullivan Foundation spend its money?

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

How can I verify Algernon Sydney Sullivan Foundation's tax-exempt status?

You can verify Algernon Sydney Sullivan Foundation's tax-exempt status using EIN 136084596 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 Algernon Sydney Sullivan Foundation demonstrates a generally stable financial position with substantial assets, consistently above $14 million over the past decade, peaking at $16.7 million in 2022. While revenue has fluctuated, the organization has shown periods of strong revenue generation, such as the $2.15 million in 2020 and $1.89 million in 2022. However, the most recent filing (2023) shows expenses exceeding revenue ($1,725,368 vs. $1,450,559), leading to a deficit for that period. This trend of expenses sometimes outpacing revenue, as seen in 2023, 2016, 2015, 2013, and 2012, warrants attention to ensure long-term sustainability, although the substantial asset base provides a buffer.

The foundation's transparency regarding executive compensation is excellent, with 0% reported officer compensation across all available filings. This indicates either a volunteer-led executive team or that compensation is reported under other expense categories, which would require further investigation to confirm. The NTEE code P20 suggests a focus on scholarships and student financial aid, which aligns with a mission-driven approach. The significant asset base relative to annual expenses suggests a strong endowment or investment strategy supporting its mission.

Overall, the foundation appears to be a well-established entity with a solid asset foundation. The consistent reporting of zero officer compensation is a positive indicator of financial stewardship. However, the recent deficit in 2023 and historical periods where expenses exceeded revenue suggest a need for careful monitoring of operational efficiency and fundraising efforts to maintain financial health and ensure consistent program delivery.

Is Algernon Sydney Sullivan Foundation Legit?

Verdict: Algernon Sydney Sullivan Foundation appears trustworthy

Red Flags