Is Bob And Susan Card Charitable Foundation Legit?
Quick charity verification for Bob And Susan Card Charitable Foundation (EIN: 200875812)
Verdict: Bob And Susan Card Charitable Foundation shows mixed signals
65/100Mission Score
$60KRevenue
$27KAssets
3Red Flags
3Strengths
Red Flags
Significant long-term decline in assets from $976,976 in 2011 to $44,096 in 2022.
History of large deficits where expenses significantly exceeded revenue in multiple periods (e.g., 201412, 201312, 201212).
Unusual consistent reporting of $1 in liabilities across several years, which may obscure actual financial obligations.
Strengths
Consistent 0% officer compensation across all filings, indicating no executive salaries are paid.
Recent periods (e.g., 202212) show revenue exceeding expenses, indicating a more balanced budget in current operations.
Consistent filing of IRS Form 990s, demonstrating compliance with reporting requirements.
Spending Breakdown
How Bob And Susan Card Charitable 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 Bob And Susan Card Charitable Foundation
Is Bob And Susan Card Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bob And Susan Card Charitable Foundation (EIN: 200875812) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Bob And Susan Card Charitable Foundation a good charity to donate to?
Bob And Susan Card Charitable Foundation has a Mission Score of 65/100. Revenue: $60K. Assets: $27K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bob And Susan Card Charitable Foundation?
The Employer Identification Number (EIN) for Bob And Susan Card Charitable Foundation is 200875812. 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 Bob And Susan Card Charitable Foundation spend its money?
Bob And Susan Card Charitable Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bob And Susan Card Charitable Foundation's tax-exempt status?
You can verify Bob And Susan Card Charitable Foundation's tax-exempt status using EIN 200875812 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 Bob And Susan Card Charitable Foundation exhibits fluctuating financial health over its filing history. While the most recent period (202212) shows revenue exceeding expenses ($106,019 vs. $82,486), indicating a surplus, earlier periods like 201412 and 201312 show significant deficits where expenses far outstripped revenue ($362,525 vs. $105,345 and $232,966 vs. $120,871, respectively). The organization's assets have also seen a substantial decline from a peak of $976,976 in 201112 to $44,096 in 202212, suggesting a significant reduction in its financial base or a shift in operational strategy over the decade. The consistent reporting of $1 in liabilities across most recent filings is unusual and warrants further investigation to understand its true financial obligations.
Regarding spending efficiency, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, a precise assessment is challenging. However, the consistent reporting of 0% officer compensation across all filings suggests a lean operational structure at the executive level, which is a positive indicator for donor funds being directed elsewhere. The significant swings in revenue and expenses, particularly the large deficits in earlier years, raise questions about consistent financial planning and resource allocation. The foundation's transparency appears adequate in terms of filing its Form 990s, but the lack of detailed expense categorization in the provided summary limits a full transparency assessment.
Overall, the foundation appears to be a small, family-run entity given the name and the consistent zero officer compensation. Its financial trajectory shows a significant downsizing from its earlier years, with current operations being much smaller in scale. While recent years show a more balanced budget, the long-term trend of asset depletion and past large deficits suggest a need for careful monitoring of its financial sustainability and impact.