Is Bowles Rice Foundation Legit?

Quick charity verification for Bowles Rice Foundation (EIN: 202077682)

Verdict: Bowles Rice Foundation appears trustworthy

90/100Mission Score
$635KRevenue
$1.8MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

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

85%
Program Spending
Healthy — majority goes to mission
15%
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 Bowles Rice Foundation

Is Bowles Rice Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Bowles Rice Foundation (EIN: 202077682) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Bowles Rice Foundation a good charity to donate to?

Bowles Rice Foundation has a Mission Score of 90/100. Revenue: $635K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bowles Rice Foundation?

The Employer Identification Number (EIN) for Bowles Rice Foundation is 202077682. 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 Bowles Rice Foundation spend its money?

Bowles Rice Foundation allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Bowles Rice Foundation's tax-exempt status using EIN 202077682 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 Bowles Rice Foundation demonstrates consistent financial health with a growing asset base, reaching $1,836,057 in its latest filing. The organization consistently maintains very low liabilities, often reporting only $1, which indicates strong financial management and minimal debt. Revenue has fluctuated over the years, with the latest reported revenue at $634,930, a significant increase from previous periods. Expenses have remained relatively stable, typically ranging between $70,000 and $125,000 annually, suggesting predictable operational costs. The foundation's transparency is high, as evidenced by its consistent filing of IRS Form 990s and the clear reporting of zero officer compensation, which is a positive indicator for donor confidence. The organization's spending efficiency appears strong, particularly given its consistent program focus as a grant-making foundation. With no reported officer compensation, a significant portion of its expenses would likely be directed towards its charitable activities and administrative overhead necessary for grant distribution. The foundation's ability to grow its assets while maintaining low expenses and liabilities points to a sustainable financial model. The absence of officer compensation also suggests that the organization is likely run by volunteers or staff whose salaries are not categorized as officer compensation, further enhancing its efficiency profile. Overall, the Bowles Rice Foundation exhibits a robust financial position, efficient spending practices, and a high degree of transparency. Its consistent asset growth, minimal liabilities, and zero officer compensation are all strong indicators of a well-managed and accountable nonprofit. The foundation's financial stability allows it to continue its mission effectively, making it a reliable entity for philanthropic endeavors.

View Full Transparency Report →

Disclaimer

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

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