Is Belvedere Foundation Legit?

Quick charity verification for Belvedere Foundation (EIN: 136992357)

Verdict: Belvedere Foundation shows mixed signals

65/100Mission Score
$383KRevenue
$808KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Belvedere 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 Belvedere Foundation

Is Belvedere Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Belvedere Foundation (EIN: 136992357) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Belvedere Foundation a good charity to donate to?

Belvedere Foundation has a Mission Score of 65/100. Revenue: $383K. Assets: $808K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Belvedere Foundation?

The Employer Identification Number (EIN) for Belvedere Foundation is 136992357. 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 Belvedere Foundation spend its money?

Belvedere Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Belvedere Foundation's tax-exempt status using EIN 136992357 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 Belvedere Foundation appears to be a small, private foundation based on its consistent revenue and expense figures, which are typically under $100,000 annually. Its financial health shows a gradual decline in assets over the past decade, from over $1 million in 2015 to $713,461 in 2023, while liabilities remain negligible. The organization consistently spends more than it brings in, as evidenced by the 2023 period where expenses were $87,525 against revenue of $42,875, and similar trends in other years like 2022 ($50,946 expenses vs. $31,785 revenue) and 2020 ($36,047 expenses vs. $12,821 revenue). This pattern of deficit spending, while not immediately critical given its asset base, is unsustainable long-term without a significant increase in revenue or reduction in expenses. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent lack of reported officer compensation (0% in all filings) suggests that executive costs are either very low or covered by other means, which can be a positive indicator for efficiency. The organization's transparency is good in terms of filing its IRS 990s consistently, but the lack of an NTEE code makes it harder to understand its specific mission and compare its financial performance to peer organizations. The consistent liabilities of $0 or $1 also suggest a very clean balance sheet. Overall, the Belvedere Foundation demonstrates a stable, albeit declining, asset base and consistent filing compliance. Its primary financial challenge is the recurring deficit spending, which has led to a reduction in its total assets over time. While executive compensation is not a concern, a clearer understanding of its spending allocation would provide a more complete picture of its operational efficiency and program impact.

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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