Quick charity verification for Beane Foundation (EIN: 136096278)
Verdict: Beane Foundation has notable concerns
30/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Consistent deficit spending in prior years (e.g., 2014 expenses $43,558 vs. revenue $11,617)
Latest filing shows $0 revenue and $0 assets, suggesting inactivity or closure
Lack of recent financial activity raises questions about ongoing operations
Strengths
No officer compensation reported across all filings, indicating efficient use of funds in that area
Spending Breakdown
How Beane Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Beane Foundation
Is Beane Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Beane Foundation (EIN: 136096278) has notable concerns. Mission Score: 30/100. 3 red flags identified, 1 strength noted.
Is Beane Foundation a good charity to donate to?
Beane Foundation has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Beane Foundation?
The Employer Identification Number (EIN) for Beane Foundation is 136096278. 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 Beane Foundation spend its money?
Beane Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Beane Foundation's tax-exempt status?
You can verify Beane Foundation's tax-exempt status using EIN 136096278 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 Beane Foundation appears to be a very small organization, and its financial health is concerning given its recent filings. The latest available data shows $0 in revenue and assets, which suggests the organization may be inactive or in the process of winding down. In previous years, the foundation consistently spent more than it brought in, with expenses exceeding revenue in 2014 ($43,558 expenses vs. $11,617 revenue), 2013 ($9,168 expenses vs. $3,131 revenue), and 2011 ($9,913 expenses vs. $7,233 revenue). This pattern of deficit spending is unsustainable. While officer compensation has consistently been reported as 0%, indicating good stewardship in that area, the overall financial picture points to an organization that has struggled to maintain financial viability and may no longer be operational.