Is Bona Vista Foundation Inc Legit?

Quick charity verification for Bona Vista Foundation Inc (EIN: 205339834)

Verdict: Bona Vista Foundation Inc shows mixed signals

65/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Bona Vista Foundation Inc. appears to be a supporting organization, as indicated by its minimal revenue and expenses across most years, alongside significant assets. The 201506 filing, however, shows a substantial discrepancy with $151,240 in revenue against $2,345,370 in expenses, which is highly unusual and warrants further investigation. This could indicate a significant one-time event, a reporting error, or a pass-through of funds not fully reflected in the revenue. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led board or that compensation is handled by a related entity, which is common for supporting foundations. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the overall financial activity (excluding the 2015 anomaly) is very low relative to its asset base, suggesting a focus on asset management rather than direct program delivery.

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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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