Quick charity verification for Austin Foundation Inc (EIN: 141777852)
Verdict: Austin Foundation Inc shows mixed signals
60/100Mission Score
$791KRevenue
$2.3MAssets
4Red Flags
4Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue in 8 of 10 periods)
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Unexplained significant surge in 'Latest Revenue' compared to historical trends
NTEE Code is unknown, hindering understanding of mission alignment
Strengths
Strong and stable asset base (consistently over $2.2 million)
Minimal liabilities (consistently $0 or $1)
Consistent filing history (10 filings provided)
No reported officer compensation, potentially indicating volunteer leadership
Spending Breakdown
How Austin 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 Austin Foundation Inc
Is Austin Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Austin Foundation Inc (EIN: 141777852) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 4 strengths noted.
Is Austin Foundation Inc a good charity to donate to?
Austin Foundation Inc has a Mission Score of 60/100. Revenue: $791K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Austin Foundation Inc?
The Employer Identification Number (EIN) for Austin Foundation Inc is 141777852. 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 Austin Foundation Inc spend its money?
Austin Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Austin Foundation Inc's tax-exempt status?
You can verify Austin Foundation Inc's tax-exempt status using EIN 141777852 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
Austin Foundation Inc. demonstrates consistent financial stability with assets consistently above $2.2 million over the past decade, peaking at $2,404,197 in 2021. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in 8 out of the last 10 reported periods. For instance, in 2023, expenses were $150,906 against revenues of $76,493, indicating a reliance on existing assets or prior year surpluses to cover operational costs. The latest reported revenue of $790,573 is significantly higher than its historical annual revenues, suggesting a potential one-time event or a substantial change in funding in the most recent, unitemized period, which warrants further investigation.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories. The consistent reporting of 0% officer compensation across all filings suggests either a fully volunteer-run executive team or that executive compensation is not reported in a manner that is easily identifiable as such, which could be a point of concern for transparency. The lack of significant liabilities (consistently $0 or $1) indicates sound financial management in terms of debt.
Overall, while the Austin Foundation Inc. maintains a strong asset base, its recurring operational deficits and the absence of detailed expense breakdowns in the provided data make it challenging to fully evaluate its spending efficiency and program impact. The sudden surge in 'Latest Revenue' compared to historical trends also raises questions about the nature of its funding and its long-term sustainability without further context.