How Boyd 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 Boyd Family Foundation
Is Boyd Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Boyd Family Foundation (EIN: 203480314) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Boyd Family Foundation a good charity to donate to?
Boyd Family Foundation has a Mission Score of 75/100. Revenue: $710K. Assets: $217K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boyd Family Foundation?
The Employer Identification Number (EIN) for Boyd Family Foundation is 203480314. 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 Boyd Family Foundation spend its money?
Boyd Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boyd Family Foundation's tax-exempt status?
You can verify Boyd Family Foundation's tax-exempt status using EIN 203480314 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 Boyd Family Foundation appears to be a small private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and consistent low revenue and expenses over the past decade. The organization's financial health shows a pattern of expenses often exceeding revenue, leading to a gradual decline in assets from $448,781 in 2011 to $231,358 in 2023. For instance, in 2023, revenue was $12,287 while expenses were $26,647, resulting in a net loss. This trend suggests the foundation is primarily drawing down its endowment to fund its activities rather than growing through new contributions.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, as a private foundation, its primary 'program' is grantmaking. The consistent 'Officer Comp=0%' across all filings indicates that no compensation is paid to officers, which is a positive sign for efficiency in that regard. The foundation's transparency is generally good, given its consistent IRS 990 filings over the past decade, which are publicly accessible documents.
Overall, the Boyd Family Foundation operates as a lean grantmaking entity, utilizing its existing assets to fulfill its mission. While its asset base has decreased, its consistent filing and lack of officer compensation suggest a commitment to its purpose. The negative revenue figures in some years (e.g., -$23,879 in 2020 and -$26,131 in 2015) likely represent investment losses or adjustments rather than actual negative income from contributions.