Is Borrego Foundation Legit?

Quick charity verification for Borrego Foundation (EIN: 133980920)

Verdict: Borrego Foundation appears trustworthy

95/100Mission Score

$13.3MRevenue

$46.0MAssets

1Red Flags

5Strengths

Red Flags

Lack of detailed expense breakdown beyond total expenses in provided data

Strengths

Consistently reports 0% officer compensation across all filings
Robust and growing asset base, reaching $48,049,670 in 2023
Strong financial stability with minimal liabilities (often $1)
Consistent IRS 990 filing history (10 filings)
Significant revenue growth over the past decade

Spending Breakdown

How Borrego Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Borrego Foundation

Is Borrego Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Borrego Foundation (EIN: 133980920) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Borrego Foundation a good charity to donate to?

Borrego Foundation has a Mission Score of 95/100. Revenue: $13.3M. Assets: $46.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Borrego Foundation?

The Employer Identification Number (EIN) for Borrego Foundation is 133980920. 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 Borrego Foundation spend its money?

Borrego Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Borrego Foundation's tax-exempt status?

You can verify Borrego Foundation's tax-exempt status using EIN 133980920 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 Borrego Foundation demonstrates strong financial health, consistently maintaining substantial assets relative to its annual expenses. For instance, in 2023, with expenses of $3,993,945, its assets stood at $48,049,670, indicating a robust financial cushion. The organization has also shown significant revenue growth over the past decade, with its latest reported revenue at $13,309,877, a substantial increase from $2,526,283 in 2011. This growth, coupled with consistently low liabilities (often reported as $1), suggests prudent financial management and stability.

Spending efficiency appears to be a key strength, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is not drawing salaries from the organization, which is highly unusual and suggests a volunteer-driven or exceptionally lean operational model. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation points towards a high potential for funds to be directed towards the mission.

Regarding transparency, the organization has a consistent filing history with 10 IRS 990 filings available, demonstrating adherence to reporting requirements. The consistent reporting of minimal liabilities and zero officer compensation across all periods enhances trust and suggests a clear financial picture. However, without detailed expense breakdowns beyond total expenses, a complete assessment of spending efficiency across program, administrative, and fundraising categories is limited.

View Full Transparency Report →

Disclaimer

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