Is Balsells Foundation C/O Sterling Foundation Management Llc Legit?

Quick charity verification for Balsells Foundation C/O Sterling Foundation Management Llc (EIN: 203647654)

Verdict: Balsells Foundation C/O Sterling Foundation Management Llc appears trustworthy

85/100Mission Score

$0Revenue

$0Assets

2Red Flags

4Strengths

Red Flags

Lack of detailed expense breakdown in provided data prevents full spending efficiency analysis.
NTEE code is unknown, making it difficult to benchmark against similar organizations.

Strengths

Consistent revenue surpluses, with revenue exceeding expenses in most years (e.g., $1,223,404 revenue vs. $1,013,325 expenses in 2015).
Steady growth in assets, from $1,315,969 in 2011 to $4,005,625 in 2015, indicating strong financial management.
Extremely low liabilities across all filing periods (e.g., $1 in 2015), demonstrating financial stability.
0% reported officer compensation, potentially indicating a high proportion of funds directed towards the mission.

Spending Breakdown

How Balsells Foundation C/O Sterling Foundation Management Llc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Balsells Foundation C/O Sterling Foundation Management Llc

Is Balsells Foundation C/O Sterling Foundation Management Llc a legitimate charity?

Based on AI analysis of IRS 990 filings, Balsells Foundation C/O Sterling Foundation Management Llc (EIN: 203647654) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Balsells Foundation C/O Sterling Foundation Management Llc a good charity to donate to?

Balsells Foundation C/O Sterling Foundation Management Llc has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Balsells Foundation C/O Sterling Foundation Management Llc?

The Employer Identification Number (EIN) for Balsells Foundation C/O Sterling Foundation Management Llc is 203647654. 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 Balsells Foundation C/O Sterling Foundation Management Llc spend its money?

Balsells Foundation C/O Sterling Foundation Management Llc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Balsells Foundation C/O Sterling Foundation Management Llc's tax-exempt status?

You can verify Balsells Foundation C/O Sterling Foundation Management Llc's tax-exempt status using EIN 203647654 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 Balsells Foundation demonstrates a consistent pattern of strong financial health, with revenues generally exceeding expenses across its filing history. For instance, in 2015, revenue was $1,223,404 against expenses of $1,013,325, indicating a surplus. The organization's assets have also shown steady growth, increasing from $1,315,969 in 2011 to $4,005,625 in 2015, suggesting effective asset management and accumulation of resources. The foundation's liabilities have remained extremely low, often just $1 or $25, which is a positive indicator of financial stability and minimal debt burden.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent surplus of revenue over expenses suggests that the organization is not overspending its income. The absence of reported officer compensation across all filings indicates that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which can be a positive sign for donor funds being directed towards the mission, or it could indicate a lack of transparency if compensation is hidden. The organization's transparency is generally good given the availability of its 990 filings, but the lack of detailed expense breakdown in the provided data limits a deeper analysis of spending efficiency.

Overall, the Balsells Foundation appears to be a financially sound organization with growing assets and minimal liabilities. Its ability to consistently generate more revenue than expenses, as seen in periods like 2014 ($1,649,530 revenue vs. $977,016 expenses), points to sustainable operations. The lack of reported officer compensation is a notable characteristic, potentially indicating a high proportion of funds going directly to programs, though further detail on expense allocation would provide a clearer picture of its spending efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.