Quick charity verification for Allen Family Charitable Foundation (EIN: 205490143)
Verdict: Allen Family Charitable Foundation appears trustworthy
95/100Mission Score
$3.2MRevenue
$20.9MAssets
1Red Flags
5Strengths
Red Flags
Revenue volatility (e.g., negative revenue in 202012 of $-118,708)
Strengths
Consistently 0% officer compensation
Strong and growing asset base ($21,706,153 in 202312)
Minimal liabilities ($1 in recent filings)
Consistent IRS 990 filing history demonstrating transparency
Expenses generally well-managed relative to revenue
Spending Breakdown
How Allen Family Charitable Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Allen Family Charitable Foundation
Is Allen Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Allen Family Charitable Foundation (EIN: 205490143) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Allen Family Charitable Foundation a good charity to donate to?
Allen Family Charitable Foundation has a Mission Score of 95/100. Revenue: $3.2M. Assets: $20.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Allen Family Charitable Foundation?
The Employer Identification Number (EIN) for Allen Family Charitable Foundation is 205490143. 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 Allen Family Charitable Foundation spend its money?
Allen Family Charitable Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Allen Family Charitable Foundation's tax-exempt status?
You can verify Allen Family Charitable Foundation's tax-exempt status using EIN 205490143 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 Allen Family Charitable Foundation demonstrates strong financial health with substantial assets and a consistent history of positive net assets. In the latest filing (202312), the organization reported assets of $21,706,153 against minimal liabilities of $1, indicating a very robust balance sheet. Revenue has fluctuated, with a notable $1,442,363 in 202312 and a peak of $3,333,761 in 201412, but expenses have generally been well-managed relative to income, suggesting efficient operations. The foundation consistently reports 0% officer compensation, which is a significant indicator of low administrative overhead and a strong commitment to directing funds towards its charitable purpose.
The spending efficiency appears high, given the absence of officer compensation and the consistent growth in assets over time. While specific program spending percentages are not detailed in the provided data, the overall financial picture suggests that a large portion of expenses are likely directed towards grants or direct charitable activities, especially considering the foundation's nature. The consistent filing of IRS Form 990s over many years also points to a good level of transparency, providing public access to their financial activities.
Overall, the Allen Family Charitable Foundation appears to be a financially sound and efficiently run organization. Its substantial asset base, minimal liabilities, and zero executive compensation contribute to a positive assessment of its financial health and operational integrity. The fluctuating but generally positive revenue trends, coupled with controlled expenses, further reinforce its stability.