Quick charity verification for Bobb Family Foundation (EIN: 202568634)
Verdict: Bobb Family Foundation appears trustworthy
85/100Mission Score
$65KRevenue
$1.1MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin) in provided data prevents precise efficiency analysis.
Strengths
Strong asset base exceeding $1 million ($1,163,371 in 2023).
Consistent reporting of 0% officer compensation, indicating low administrative overhead.
Long history of IRS 990 filings (10 filings), demonstrating transparency.
Minimal liabilities ($1 in recent years), indicating a low-risk financial position.
Consistent asset growth over more than a decade.
Spending Breakdown
How Bobb Family Foundation 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 Bobb Family Foundation
Is Bobb Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bobb Family Foundation (EIN: 202568634) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Bobb Family Foundation a good charity to donate to?
Bobb Family Foundation has a Mission Score of 85/100. Revenue: $65K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bobb Family Foundation?
The Employer Identification Number (EIN) for Bobb Family Foundation is 202568634. 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 Bobb Family Foundation spend its money?
Bobb Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bobb Family Foundation's tax-exempt status?
You can verify Bobb Family Foundation's tax-exempt status using EIN 202568634 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 Bobb Family Foundation demonstrates consistent financial stability with over $1 million in assets, as reported in their latest 2023 filing. Their revenue has fluctuated, with a notable increase in recent years, reaching $184,065 in 2023. While expenses have generally tracked revenue, leading to modest deficits in some years (e.g., $195,367 expenses vs. $184,065 revenue in 2023), the organization maintains a healthy asset base. The foundation's consistent reporting of zero officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence regarding administrative overhead. Their long history of filing 990s also points to a commitment to transparency.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories within the provided data, it's challenging to precisely assess spending efficiency. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests their primary activity is grantmaking, which typically has lower administrative costs compared to direct service organizations. The consistent asset growth over the years, from $643,958 in 2011 to $1,163,371 in 2023, indicates sound financial management and an ability to grow their endowment, which is crucial for a grantmaking foundation's long-term sustainability. The minimal liabilities ($1 in recent years) also points to a very low-risk financial position.