Quick charity verification for Beining Family Foundation (EIN: 207450964)
Verdict: Beining Family Foundation shows mixed signals
65/100Mission Score
$53KRevenue
$270KAssets
3Red Flags
3Strengths
Red Flags
Consistent annual expenses significantly exceeding revenue (e.g., $35,071 expenses vs. $10,138 revenue in 2023).
Declining asset base over recent years (from $768,774 in 2021 to $688,779 in 2023) due to operational deficits.
Negative revenue reported in some years (e.g., $-20,715 in 2015, $-1,555 in 2011).
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
Very low liabilities, consistently reported as $1 or $0, demonstrating strong financial solvency.
Long history of IRS 990 filings (10 filings), indicating consistent compliance and transparency.
Spending Breakdown
How Beining Family Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Beining Family Foundation
Is Beining Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Beining Family Foundation (EIN: 207450964) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Beining Family Foundation a good charity to donate to?
Beining Family Foundation has a Mission Score of 65/100. Revenue: $53K. Assets: $270K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Beining Family Foundation?
The Employer Identification Number (EIN) for Beining Family Foundation is 207450964. 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 Beining Family Foundation spend its money?
Beining Family Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Beining Family Foundation's tax-exempt status?
You can verify Beining Family Foundation's tax-exempt status using EIN 207450964 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 Beining Family Foundation exhibits a consistent pattern of spending significantly more than its annual revenue, as evidenced by expenses of $35,071 against revenue of $10,138 in 2023, and $41,863 against $7,611 in 2022. This operational deficit is sustained by its substantial asset base, which stood at $688,779 in 2023, though it has seen a decline from a peak of $768,774 in 2021. The organization maintains a very low liability profile, consistently reporting $1 or $0 in liabilities, indicating strong financial solvency in terms of debt.
While the foundation's financial health is supported by its assets, the persistent negative net income raises questions about the long-term sustainability of its current spending model without significant new revenue streams or asset growth. The absence of officer compensation across all reported periods suggests a volunteer-driven or minimally compensated leadership structure, which can be a positive indicator of efficiency. However, without a breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency and program focus.
Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting of zero officer compensation is a transparent practice. However, the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated to mission-related activities versus overhead. Further details on program activities and impact would enhance the overall transparency assessment.