Is Bill Jennie And Harry Ackerman Foundation Trust Legit?
Quick charity verification for Bill Jennie And Harry Ackerman Foundation Trust (EIN: 206069721)
Verdict: Bill Jennie And Harry Ackerman Foundation Trust shows mixed signals
65/100Mission Score
$295KRevenue
$1.7MAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) across multiple years, e.g., $422,704 expenses vs. $339,881 revenue in 2022.
Declining asset base from $2,193,019 in 2019 to $1,769,975 in 2022, indicating an erosion of financial reserves.
Strengths
Zero officer compensation reported, indicating highly efficient use of funds at the executive level.
Minimal liabilities reported across most periods (e.g., $1 in 2022), suggesting good debt management.
Consistent filing of IRS 990 forms, demonstrating transparency.
Spending Breakdown
How Bill Jennie And Harry Ackerman Foundation Trust 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 Bill Jennie And Harry Ackerman Foundation Trust
Is Bill Jennie And Harry Ackerman Foundation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Bill Jennie And Harry Ackerman Foundation Trust (EIN: 206069721) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Bill Jennie And Harry Ackerman Foundation Trust a good charity to donate to?
Bill Jennie And Harry Ackerman Foundation Trust has a Mission Score of 65/100. Revenue: $295K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bill Jennie And Harry Ackerman Foundation Trust?
The Employer Identification Number (EIN) for Bill Jennie And Harry Ackerman Foundation Trust is 206069721. 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 Jennie And Harry Ackerman Foundation Trust spend its money?
Bill Jennie And Harry Ackerman Foundation Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bill Jennie And Harry Ackerman Foundation Trust's tax-exempt status?
You can verify Bill Jennie And Harry Ackerman Foundation Trust's tax-exempt status using EIN 206069721 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 Jennie And Harry Ackerman Foundation Trust demonstrates consistent financial transparency through its regular IRS 990 filings. However, a concerning trend of expenses exceeding revenue is evident across multiple periods, including 2022 ($422,704 in expenses vs. $339,881 in revenue) and 2021 ($444,452 in expenses vs. $311,396 in revenue). This has led to a gradual decline in assets from $2,193,019 in 2019 to $1,769,975 in 2022. While the organization maintains minimal liabilities, the sustained deficit spending raises questions about its long-term financial sustainability. The absence of officer compensation is a positive indicator of efficient use of funds at the executive level, but the overall financial health is impacted by the expenditure patterns.