Quick charity verification for Bomhoff Family Foundation (EIN: 205620671)
Verdict: Bomhoff Family Foundation shows mixed signals
65/100Mission Score
$17Revenue
$3KAssets
2Red Flags
2Strengths
Red Flags
Consistent negative net income (expenses exceeding revenue) across multiple years, indicating reliance on asset depletion.
Very low and declining asset base, limiting future grant-making capacity.
Strengths
Zero officer compensation reported across all filings, indicating low administrative overhead in this area.
Consistent filing of IRS Form 990, demonstrating transparency.
Spending Breakdown
How Bomhoff 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 Bomhoff Family Foundation
Is Bomhoff Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bomhoff Family Foundation (EIN: 205620671) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
Is Bomhoff Family Foundation a good charity to donate to?
Bomhoff Family Foundation has a Mission Score of 65/100. Revenue: $17. Assets: $3K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bomhoff Family Foundation?
The Employer Identification Number (EIN) for Bomhoff Family Foundation is 205620671. 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 Bomhoff Family Foundation spend its money?
Bomhoff Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bomhoff Family Foundation's tax-exempt status?
You can verify Bomhoff Family Foundation's tax-exempt status using EIN 205620671 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 Bomhoff Family Foundation appears to be a very small private foundation, as indicated by its consistently low revenue and assets. In 2021, the organization reported only $1 in revenue and $5,522 in assets, while incurring $1,486 in expenses. This pattern of expenses significantly exceeding revenue is consistent across multiple years, such as in 2020 where revenue was $26 against $3,803 in expenses, and in 2015 with $2,069 in revenue versus $3,887 in expenses. This suggests the foundation is primarily disbursing funds from its existing asset base rather than generating substantial new income.
Given the minimal financial activity and the nature of a family foundation, detailed spending efficiency metrics like program vs. administrative costs are difficult to ascertain without more granular data than provided in the summary. However, the consistent reporting of $0 officer compensation across all filings indicates a commitment to minimizing overhead in that specific area. The foundation's transparency is generally good through its regular 990 filings, but the limited financial scale means there's less to scrutinize in terms of complex financial operations.
Overall, the foundation operates on a very modest scale, with its financial health characterized by a gradual depletion of assets to cover expenses, rather than growth. Its primary function seems to be the distribution of a small pool of funds, with a clear lack of executive compensation.