Quick charity verification for Anderson Foundation Inc (EIN: 222393971)
Verdict: Anderson Foundation Inc shows mixed signals
65/100Mission Score
$167KRevenue
$5.5MAssets
4Red Flags
2Strengths
Red Flags
Total assets have consistently declined from $11,138,555 in 2013 to $5,514,279 in 2023, indicating a significant reduction in organizational capacity.
Revenue has been highly volatile, including a negative revenue of -$42,920 in 2022, which is a significant concern for financial stability.
Expenses consistently exceed revenue in multiple years (e.g., 2022: revenue -$42,920 vs. expenses $599,062; 2023: revenue $162,950 vs. expenses $732,652), suggesting an unsustainable financial model.
The organization's 'net type' is unknown, which limits understanding of its specific operational focus and tax-exempt status implications.
Strengths
The foundation has a long operational history, with financial data available dating back to 2013.
Consistent filing of financial documents (990-PF) demonstrates a commitment to regulatory compliance.
Spending Breakdown
How Anderson Foundation Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Anderson Foundation Inc
Is Anderson Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Anderson Foundation Inc (EIN: 222393971) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
Is Anderson Foundation Inc a good charity to donate to?
Anderson Foundation Inc has a Mission Score of 65/100. Revenue: $167K. Assets: $5.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Anderson Foundation Inc?
The Employer Identification Number (EIN) for Anderson Foundation Inc is 222393971. 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 Anderson Foundation Inc spend its money?
Anderson Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Anderson Foundation Inc's tax-exempt status?
You can verify Anderson Foundation Inc's tax-exempt status using EIN 222393971 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
Anderson Foundation Inc is a unknown nonprofit based in Bernardsville, New Jersey, with reported revenue of $167K and assets of $5.5M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. Executive compensation is not explicitly detailed in the provided financial data, making a direct assessment difficult without further information. Revenue has declined -40% across 10 filing periods.