Is Bodhi Foundation Legit?

Quick charity verification for Bodhi Foundation (EIN: 208059179)

Verdict: Bodhi Foundation appears trustworthy

70/100Mission Score
$11KRevenue
$11KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Bodhi Foundation operates on a very small scale, with recent annual revenues consistently around $10,000-$13,000. The organization's financial health appears stable but modest, with assets slightly exceeding liabilities in recent years, for example, $13,918 in assets against $7,624 in liabilities in 2023. However, the organization has experienced periods of deficit spending, such as in 2021 where expenses ($11,903) exceeded revenue ($10,000), and more significantly in earlier years like 2013 and 2014 where expenses far outstripped revenue. This indicates a historical challenge in consistently matching expenditures with incoming funds. Spending efficiency is difficult to fully assess without a detailed breakdown of expenses, but the consistent reporting of 0% officer compensation suggests that a significant portion of funds, relative to the organization's small size, is not being diverted to executive salaries. This is a positive indicator for a small nonprofit. However, the lack of detailed expense categories in the provided data makes it challenging to determine the exact proportion of spending dedicated to programs versus administrative or fundraising costs. Transparency is generally good given the consistent filing of IRS Form 990s over a decade. The consistent reporting of financial figures, even if small, provides a clear historical record. The absence of officer compensation is a strong point for transparency regarding leadership remuneration. However, for a more comprehensive transparency assessment, a deeper dive into the specific nature of their program activities and how funds are allocated within their small budget would be beneficial.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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