Is Banner Alzheimers Foundation Legit?

Quick charity verification for Banner Alzheimers Foundation (EIN: 204862361)

Verdict: Banner Alzheimers Foundation appears trustworthy

88/100Mission Score
$8.4MRevenue
$31.5MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Banner Alzheimers Foundation allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Banner Alzheimers Foundation

Is Banner Alzheimers Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Banner Alzheimers Foundation (EIN: 204862361) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.

Is Banner Alzheimers Foundation a good charity to donate to?

Banner Alzheimers Foundation has a Mission Score of 88/100. Revenue: $8.4M. Assets: $31.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Banner Alzheimers Foundation?

The Employer Identification Number (EIN) for Banner Alzheimers Foundation is 204862361. 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 Banner Alzheimers Foundation spend its money?

Banner Alzheimers Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Banner Alzheimers Foundation's tax-exempt status using EIN 204862361 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

Banner Alzheimer's Foundation demonstrates a fluctuating financial performance over the past several years. While the organization reported $8,427,455 in latest revenue and holds substantial assets of $31,486,947, its expense management shows inconsistency. For instance, in 2022, expenses significantly outpaced revenue ($9,791,838 vs. $2,089,381), and similar trends were observed in 2021 and 2019. However, 2020 saw a strong surplus with revenue of $17,773,889 against expenses of $8,013,533, indicating that financial health can vary significantly year-to-year. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of financial transparency and efficiency. The organization's asset base has remained robust, generally above $29 million in recent years, providing a solid financial cushion. The absence of reported officer compensation is a significant strength in terms of transparency and public trust. However, the recurring deficits in certain years, such as 2022 and 2021, where expenses exceeded revenue by several million dollars, warrant closer examination of their fundraising strategies and expense controls to ensure long-term sustainability. The foundation's ability to manage these fluctuations and maintain a healthy asset base despite periods of deficit spending is noteworthy.

View Full Transparency Report →

Disclaimer

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

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