Quick charity verification for Blue Planet Foundation (EIN: 208247917)
Verdict: Blue Planet Foundation appears trustworthy
75/100Mission Score
$378KRevenue
$122KAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., 2023, 2022, 2020, 2019, 2017, 2014) where expenses exceeded revenue.
Declining asset base from a peak of $636,395 in 2018 to $270,279 in 2023, indicating potential erosion of financial reserves.
Unusually low or zero reported officer compensation, which, while potentially positive, could also indicate a lack of transparency if executive salaries are hidden in other expense categories.
Strengths
Strong program focus, as implied by the mission and general nonprofit spending patterns, and the absence of reported officer compensation suggests resources are directed towards mission.
Consistent filing history with the IRS (13 filings), indicating good compliance and transparency in reporting.
Zero reported officer compensation across all filings, demonstrating a commitment to minimizing administrative overhead at the executive level.
Spending Breakdown
How Blue Planet Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Blue Planet Foundation
Is Blue Planet Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Planet Foundation (EIN: 208247917) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Blue Planet Foundation a good charity to donate to?
Blue Planet Foundation has a Mission Score of 75/100. Revenue: $378K. Assets: $122K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Blue Planet Foundation?
The Employer Identification Number (EIN) for Blue Planet Foundation is 208247917. 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 Blue Planet Foundation spend its money?
Blue Planet Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Blue Planet Foundation's tax-exempt status?
You can verify Blue Planet Foundation's tax-exempt status using EIN 208247917 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
Blue Planet Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. Over the past decade, the organization has generally maintained strong program expenditures, with a notable trend of zero officer compensation reported across all available filings, indicating a volunteer-led or very lean executive structure. However, the organization has experienced fluctuating financial health, with expenses exceeding revenue in several recent years (e.g., 2023, 2022, 2020, 2019, 2017, 2014), leading to a decline in assets from a peak of $636,395 in 2018 to $270,279 in 2023. This trend suggests a need for closer monitoring of financial sustainability and fundraising effectiveness to ensure long-term operational stability. The consistent reporting of zero officer compensation is a strong indicator of transparency regarding executive pay.