Is Bill And Claudia Abernathyfoundation Inc Legit?
Quick charity verification for Bill And Claudia Abernathyfoundation Inc (EIN: 204118658)
Verdict: Bill And Claudia Abernathyfoundation Inc shows mixed signals
55/100Mission Score
$126KRevenue
$163KAssets
3Red Flags
2Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in most recent years, e.g., $86,678 expenses vs $79,586 revenue in 2023.
Significant decline in total assets over the past decade, from $547,786 in 2011 to $164,082 in 2023.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full efficiency assessment.
Strengths
Consistent reporting of 0% officer compensation, indicating no executive salaries are paid.
Low liabilities, consistently reported as $0 or $1, suggesting good short-term financial management.
Spending Breakdown
How Bill And Claudia Abernathyfoundation Inc 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 Bill And Claudia Abernathyfoundation Inc
Is Bill And Claudia Abernathyfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bill And Claudia Abernathyfoundation Inc (EIN: 204118658) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
Is Bill And Claudia Abernathyfoundation Inc a good charity to donate to?
Bill And Claudia Abernathyfoundation Inc has a Mission Score of 55/100. Revenue: $126K. Assets: $163K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bill And Claudia Abernathyfoundation Inc?
The Employer Identification Number (EIN) for Bill And Claudia Abernathyfoundation Inc is 204118658. 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 Bill And Claudia Abernathyfoundation Inc spend its money?
Bill And Claudia Abernathyfoundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bill And Claudia Abernathyfoundation Inc's tax-exempt status?
You can verify Bill And Claudia Abernathyfoundation Inc's tax-exempt status using EIN 204118658 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 Bill And Claudia Abernathyfoundation Inc, based in Tulsa, OK, exhibits a pattern of spending exceeding its revenue in most recent years, indicating a reliance on its asset base. For instance, in 2023, expenses were $86,678 against revenues of $79,586, and in 2021, expenses were $117,184 while revenue was only $25,352. This trend has led to a significant decline in assets over the past decade, from $547,786 in 2011 to $164,082 in 2023. While the organization consistently reports 0% officer compensation, which is a positive for donor confidence in executive pay, the long-term financial sustainability given the consistent deficit spending is a concern. The NTEE code T20 suggests a focus on grantmaking foundations, and without detailed expense breakdowns, it's difficult to assess program efficiency directly from the provided data. However, the consistent decline in assets suggests that the foundation is distributing more than it receives in contributions and investment income.