Quick charity verification for Anne S Richardson Fund T5874 (EIN: 136192516)
Verdict: Anne S Richardson Fund T5874 appears trustworthy
85/100Mission Score
$3.0MRevenue
$10.4MAssets
2Red Flags
4Strengths
Red Flags
Consistent operating deficits (expenses exceeding revenue) in most recent years, requiring reliance on endowment drawdowns.
NTEE code is unknown, which limits understanding of its specific programmatic focus.
Strengths
Zero reported officer compensation across all filings, indicating excellent executive compensation practices.
Strong and stable asset base of over $10 million, providing financial security.
Minimal liabilities ($0 or $1 reported), indicating a very healthy balance sheet.
Consistent financial reporting over a decade, demonstrating transparency.
Spending Breakdown
How Anne S Richardson Fund T5874 allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Anne S Richardson Fund T5874
Is Anne S Richardson Fund T5874 a legitimate charity?
Based on AI analysis of IRS 990 filings, Anne S Richardson Fund T5874 (EIN: 136192516) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Anne S Richardson Fund T5874 a good charity to donate to?
Anne S Richardson Fund T5874 has a Mission Score of 85/100. Revenue: $3.0M. Assets: $10.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Anne S Richardson Fund T5874?
The Employer Identification Number (EIN) for Anne S Richardson Fund T5874 is 136192516. 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 Anne S Richardson Fund T5874 spend its money?
Anne S Richardson Fund T5874 allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Anne S Richardson Fund T5874's tax-exempt status?
You can verify Anne S Richardson Fund T5874's tax-exempt status using EIN 136192516 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 Anne S Richardson Fund appears to be a private foundation, given its consistent asset base around $10-11 million and relatively low revenue compared to expenses in most years, suggesting it primarily grants out from its endowment. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator for minimizing administrative overhead related to executive pay. However, the consistent trend of expenses exceeding revenue in recent years (e.g., 202407: Revenue $390,960 vs. Expenses $770,088; 202307: Revenue $669,316 vs. Expenses $866,371) suggests a reliance on drawing from its principal or prior year gains, which is typical for foundations but warrants monitoring to ensure long-term sustainability. The organization's liabilities are consistently reported as $0 or $1, indicating a very strong balance sheet with minimal debt.
Without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess spending efficiency. However, the absence of officer compensation is a strong point for transparency and efficiency in that specific area. The consistent asset base over a decade, despite fluctuating revenues and expenses, suggests prudent financial management of its endowment. The organization's financial health appears stable, supported by its substantial assets, though the recurring deficit in operating income requires a deeper look into its investment performance and grant-making strategy.
Overall, the Anne S Richardson Fund demonstrates good financial stability through its substantial assets and minimal liabilities. Its transparency regarding executive compensation is excellent. A more detailed breakdown of functional expenses would further clarify its spending efficiency, but the current data suggests a well-managed foundation focused on its mission, likely through grant-making, without significant overhead from executive salaries.