Is Belgian American Educational Foundation Inc Legit?
Quick charity verification for Belgian American Educational Foundation Inc (EIN: 131606002)
Verdict: Belgian American Educational Foundation Inc appears trustworthy
95/100Mission Score
$60.6MRevenue
$218.7MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $104.5M in 2014 to $186.6M in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and mission focus.
Expenses consistently well below revenue, allowing for significant reinvestment and asset accumulation.
Strong financial health with a robust balance sheet and low liabilities relative to assets (e.g., $753,950 liabilities vs. $186,642,583 assets in 2023).
Clear program focus, as evidenced by its NTEE code (Q220 - International Cultural Exchange) and financial allocation.
Spending Breakdown
How Belgian American Educational Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Belgian American Educational Foundation Inc
Is Belgian American Educational Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Belgian American Educational Foundation Inc (EIN: 131606002) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Belgian American Educational Foundation Inc a good charity to donate to?
Belgian American Educational Foundation Inc has a Mission Score of 95/100. Revenue: $60.6M. Assets: $218.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Belgian American Educational Foundation Inc?
The Employer Identification Number (EIN) for Belgian American Educational Foundation Inc is 131606002. 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 Belgian American Educational Foundation Inc spend its money?
Belgian American Educational Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Belgian American Educational Foundation Inc's tax-exempt status?
You can verify Belgian American Educational Foundation Inc's tax-exempt status using EIN 131606002 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 Belgian American Educational Foundation Inc. demonstrates strong financial health and a consistent commitment to its program services. With assets growing from $104 million in 2014 to over $186 million in 2023, the organization has a robust financial foundation. Its revenue streams, while fluctuating year-to-year (e.g., $18.6 million in 2021 vs. $9.8 million in 2023), consistently outpace expenses, allowing for significant asset accumulation. The foundation's primary focus appears to be on its educational programs, as evidenced by its NTEE code (Q220 - International Cultural Exchange) and the absence of reported officer compensation, suggesting a volunteer-driven or highly efficient administrative structure.
The organization's spending efficiency is commendable, with expenses consistently representing a relatively small portion of its revenue and asset base. For instance, in 2023, expenses were $5.05 million against $9.88 million in revenue, indicating a substantial surplus reinvested into its endowment or future programs. The lack of reported officer compensation across all filings is a significant indicator of transparency and a focus on mission over executive pay. This financial discipline allows the foundation to maintain a strong balance sheet and continue its long-term educational mission.