Quick charity verification for Baker Family Foundation Inc (EIN: 200529206)
Verdict: Baker Family Foundation Inc appears trustworthy
92/100Mission Score
$274KRevenue
$2.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $1.2M in 2011 to $2.9M in 2023, indicating strong financial management.
Zero officer compensation reported across all ten filings, suggesting high efficiency in executive overhead.
Minimal liabilities ($1 in most recent filings) demonstrating excellent financial stability and low debt.
Consistent IRS 990 filing history over a decade, indicating strong transparency and compliance.
Strong financial reserves with assets significantly exceeding annual expenses, providing long-term sustainability for grantmaking.
Spending Breakdown
How Baker 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 Baker Family Foundation Inc
Is Baker Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Baker Family Foundation Inc (EIN: 200529206) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Baker Family Foundation Inc a good charity to donate to?
Baker Family Foundation Inc has a Mission Score of 92/100. Revenue: $274K. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Baker Family Foundation Inc?
The Employer Identification Number (EIN) for Baker Family Foundation Inc is 200529206. 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 Baker Family Foundation Inc spend its money?
Baker 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 Baker Family Foundation Inc's tax-exempt status?
You can verify Baker Family Foundation Inc's tax-exempt status using EIN 200529206 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 Baker Family Foundation Inc. demonstrates consistent financial health with substantial assets relative to its annual revenue. With assets of $2,925,257 and latest reported revenue of $274,370, the organization maintains a strong financial cushion. Over the past decade, its assets have grown significantly from $1,225,360 in 2011 to nearly $3 million in 2023, indicating effective asset management and investment strategies. The foundation consistently reports minimal liabilities, often just $1, which is a strong indicator of financial stability and low debt burden.
Spending efficiency appears to be robust, particularly given the nature of a family foundation which often has lower overheads compared to direct service charities. The consistent reporting of 0% officer compensation across all filings suggests that administrative costs related to executive salaries are non-existent, contributing to a higher proportion of funds potentially directed towards programmatic activities. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation is a positive sign for efficiency.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over a decade, providing a clear historical financial record. The minimal liabilities and zero officer compensation are transparently reported, allowing for a clear understanding of the organization's financial structure. The foundation's consistent asset growth and low expense ratios in many years (e.g., 2019: $220,524 revenue vs. $143,811 expenses) further enhance its transparent and responsible financial management profile.