Is Around Foundation Legit?

Spending Breakdown

How Around Foundation 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 Around Foundation

Is Around Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Around Foundation (EIN: 113377271) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.

Is Around Foundation a good charity to donate to?

Around Foundation has a Mission Score of 55/100. Revenue: $9.0M. Assets: $7.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Around Foundation?

The Employer Identification Number (EIN) for Around Foundation is 113377271. 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 Around Foundation spend its money?

Around Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Around Foundation's tax-exempt status?

You can verify Around Foundation's tax-exempt status using EIN 113377271 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

Around Foundation exhibits a concerning trend of consistent operating deficits, with expenses frequently exceeding revenue. For instance, in 2024, expenses were $1,484,136 against revenues of $1,070,139, and similar patterns are visible in 2023 ($1,169,115 expenses vs. $505,858 revenue) and 2022 ($2,062,043 expenses vs. $992,917 revenue). This sustained deficit spending, while potentially covered by prior year assets, is not sustainable long-term and has led to a decline in assets from a peak of $5,058,495 in 2020 to $2,410,661 in 2024. 

The organization's financial health appears to be deteriorating, as evidenced by the significant reduction in assets over recent years. While the latest revenue is stated as $9,027,260, this figure is not reflected in the most recent individual filing data provided, which shows much lower revenues. This discrepancy requires clarification for a complete financial picture. The consistent reporting of zero officer compensation is a positive indicator for transparency regarding executive pay, but the overall financial stability is a significant concern.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the filings. However, the recurring operational losses suggest that current spending levels are not being adequately supported by incoming revenue. The organization's ability to continue its mission effectively will depend on addressing these financial imbalances and securing more consistent funding.

Verdict: Around Foundation shows mixed signals

Red Flags

Strengths