Quick charity verification for Bosley Family Foundation Inc (EIN: 203208426)
Verdict: Bosley Family Foundation Inc shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Unknown NTEE code, making it difficult to understand its purpose.
Extremely low revenue and assets, indicating very limited operational capacity.
Strengths
No officer compensation reported, suggesting volunteer leadership and low overhead.
Consistently low liabilities ($1 across all periods), indicating financial stability.
Expenses generally kept below revenue, except for 2011, showing fiscal prudence.
Spending Breakdown
How Bosley Family Foundation Inc 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 Bosley Family Foundation Inc
Is Bosley Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bosley Family Foundation Inc (EIN: 203208426) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Bosley Family Foundation Inc a good charity to donate to?
Bosley Family Foundation Inc has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bosley Family Foundation Inc?
The Employer Identification Number (EIN) for Bosley Family Foundation Inc is 203208426. 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 Bosley Family Foundation Inc spend its money?
Bosley Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bosley Family Foundation Inc's tax-exempt status?
You can verify Bosley Family Foundation Inc's tax-exempt status using EIN 203208426 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 Bosley Family Foundation Inc appears to be a very small, family-run private foundation based on its consistently low revenue and asset figures across all reported periods. Its financial health is stable but extremely limited, with assets never exceeding $520 and liabilities consistently at $1. The organization's spending efficiency is difficult to assess definitively due to the minimal financial activity, but expenses are generally low. For example, in 2014, it reported $70 in revenue and $60 in expenses. The lack of reported officer compensation across all filings suggests a volunteer-driven or very low-cost operational model, which is positive for efficiency. However, with 'Unknown' NTEE code and no significant financial activity, its programmatic impact and transparency beyond basic compliance filings are not clearly discernible from the provided data.