Quick charity verification for Balyasny Foundation Inc (EIN: 205857460)
Verdict: Balyasny Foundation Inc appears trustworthy
92/100Mission Score
$4.7MRevenue
$15.2MAssets
1Red Flags
5Strengths
Red Flags
Highly fluctuating annual revenue, making financial forecasting challenging.
Strengths
Consistently high program spending ratio (e.g., 95% in 2023).
Zero officer compensation reported across all filings.
Strong and consistent asset growth over time, reaching $15,223,673.
Minimal liabilities, consistently reported as $1.
Excellent spending efficiency with low administrative overhead.
Spending Breakdown
How Balyasny Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Balyasny Foundation Inc
Is Balyasny Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Balyasny Foundation Inc (EIN: 205857460) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Balyasny Foundation Inc a good charity to donate to?
Balyasny Foundation Inc has a Mission Score of 92/100. Revenue: $4.7M. Assets: $15.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Balyasny Foundation Inc?
The Employer Identification Number (EIN) for Balyasny Foundation Inc is 205857460. 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 Balyasny Foundation Inc spend its money?
Balyasny Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Balyasny Foundation Inc's tax-exempt status?
You can verify Balyasny Foundation Inc's tax-exempt status using EIN 205857460 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 Balyasny Foundation Inc. demonstrates a strong commitment to program spending, with a significant portion of its expenses directed towards its mission. For instance, in 2023, with total expenses of $1,313,027, the foundation reported 95% of its spending on program services, indicating efficient use of funds for its charitable purposes. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator of financial stewardship and a focus on directing resources to programs rather than executive salaries. This practice enhances its transparency and trustworthiness.
While the foundation's revenue has fluctuated significantly over the years, from $1 in 2019 to $5,000,000 in 2020, its asset base has shown consistent growth, reaching $15,223,673 in its latest filing. This growth, coupled with minimal liabilities (consistently reported as $1), suggests a stable financial position. The consistent reporting of zero officer compensation and minimal liabilities contributes positively to its overall transparency and financial health, allowing donors to be confident that their contributions are primarily supporting the foundation's mission.