Quick charity verification for Alloy Family Foundation Inc (EIN: 203142787)
Verdict: Alloy Family Foundation Inc appears trustworthy
95/100Mission Score
$5.4MRevenue
$13.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero officer compensation, indicating high efficiency and dedication to mission.
Strong and consistent asset growth, from $843,566 in 2012 to $9,775,236 in 2023.
Minimal liabilities ($1 in recent years), demonstrating excellent financial stability.
Positive net revenue over expenses in most years, contributing to asset growth.
Clear and consistent IRS 990 filing history.
Spending Breakdown
How Alloy Family Foundation Inc 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 Alloy Family Foundation Inc
Is Alloy Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alloy Family Foundation Inc (EIN: 203142787) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Alloy Family Foundation Inc a good charity to donate to?
Alloy Family Foundation Inc has a Mission Score of 95/100. Revenue: $5.4M. Assets: $13.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Alloy Family Foundation Inc?
The Employer Identification Number (EIN) for Alloy Family Foundation Inc is 203142787. 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 Alloy Family Foundation Inc spend its money?
Alloy Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Alloy Family Foundation Inc's tax-exempt status?
You can verify Alloy Family Foundation Inc's tax-exempt status using EIN 203142787 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 Alloy Family Foundation Inc. demonstrates a consistent financial profile as a grant-making organization, with assets steadily growing from $843,566 in 2012 to $9,775,236 in 2023. Revenue has fluctuated, peaking at $1,444,498 in 2021, but generally remains robust. The organization consistently reports zero officer compensation, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission rather than executive salaries.
Spending efficiency appears high, particularly given the nature of a grant-making foundation where administrative costs can be minimal. The consistent reporting of $1 in liabilities across recent years suggests a very stable financial position with minimal debt. While specific program spending details are not provided in the summary data, the lack of officer compensation and low liabilities point to a well-managed and financially sound entity focused on its philanthropic goals.
Transparency is good, with a clear filing history available. The consistent growth in assets and minimal liabilities, coupled with zero officer compensation, paints a picture of a foundation that is financially healthy and appears to be effectively stewarding its resources for its stated purpose.