Quick charity verification for Bignon Family Foundation (EIN: 204753405)
Verdict: Bignon Family Foundation shows mixed signals
45/100Mission Score
$206KRevenue
$325KAssets
3Red Flags
2Strengths
Red Flags
Consistent net losses, with expenses frequently exceeding revenue (e.g., 2023 revenue $49,812 vs. expenses $181,626).
Significant decline in total assets over time, from $1,573,167 in 2011 to $415,669 in 2023.
Lack of detailed expense breakdown in provided data makes it difficult to assess program efficiency.
Strengths
0% officer compensation reported across all available filings, indicating efficient use of funds for leadership.
Low liabilities reported in most years, suggesting good management of debt.
Spending Breakdown
How Bignon Family Foundation allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
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 Bignon Family Foundation
Is Bignon Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bignon Family Foundation (EIN: 204753405) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Bignon Family Foundation a good charity to donate to?
Bignon Family Foundation has a Mission Score of 45/100. Revenue: $206K. Assets: $325K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bignon Family Foundation?
The Employer Identification Number (EIN) for Bignon Family Foundation is 204753405. 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 Bignon Family Foundation spend its money?
Bignon Family Foundation allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bignon Family Foundation's tax-exempt status?
You can verify Bignon Family Foundation's tax-exempt status using EIN 204753405 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 Bignon Family Foundation exhibits a concerning trend of consistent net losses over the past decade, with expenses frequently exceeding revenue. For instance, in 2023, the organization reported $49,812 in revenue against $181,626 in expenses, resulting in a significant deficit. This pattern has led to a substantial decline in assets, from $1,573,167 in 2011 to $415,669 in 2023. While the organization reports 0% officer compensation, which is a positive for transparency and efficiency, the overall financial sustainability is questionable given the persistent spending beyond its income. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, but without a detailed breakdown of expenses, it's difficult to assess the efficiency of its program spending versus administrative or fundraising costs. The consistent asset depletion indicates a need for a revised financial strategy to ensure long-term viability.