Quick charity verification for Burnett Timken Memorial Fund 1223249 (EIN: 136132832)
Verdict: Burnett Timken Memorial Fund 1223249 appears trustworthy
85/100Mission Score
$2.2MRevenue
$6.8MAssets
3Red Flags
4Strengths
Red Flags
Expenses frequently exceed revenue, as seen in 2023 ($486,574 expenses vs. $428,678 revenue) and 2022 ($519,391 expenses vs. $267,101 revenue), indicating potential reliance on asset drawdowns.
Lack of NTEE code in the provided data makes it difficult to understand the organization's specific mission area.
Significant fluctuations in annual revenue, from $145,553 in 2015 to $801,738 in 2021, could indicate an unstable funding model.
Maintains substantial assets, consistently over $6 million, providing financial stability.
Consistently low liabilities ($0 or $1) across all filings, demonstrating strong financial health.
Long history of IRS 990 filings (8 filings), indicating transparency and compliance.
Spending Breakdown
How Burnett Timken Memorial Fund 1223249 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 Burnett Timken Memorial Fund 1223249
Is Burnett Timken Memorial Fund 1223249 a legitimate charity?
Based on AI analysis of IRS 990 filings, Burnett Timken Memorial Fund 1223249 (EIN: 136132832) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Burnett Timken Memorial Fund 1223249 a good charity to donate to?
Burnett Timken Memorial Fund 1223249 has a Mission Score of 85/100. Revenue: $2.2M. Assets: $6.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Burnett Timken Memorial Fund 1223249?
The Employer Identification Number (EIN) for Burnett Timken Memorial Fund 1223249 is 136132832. 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 Burnett Timken Memorial Fund 1223249 spend its money?
Burnett Timken Memorial Fund 1223249 allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Burnett Timken Memorial Fund 1223249's tax-exempt status?
You can verify Burnett Timken Memorial Fund 1223249's tax-exempt status using EIN 136132832 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 Burnett Timken Memorial Fund appears to be a well-established organization with substantial assets, consistently maintaining over $6 million in assets across its filing history. Its revenue streams have fluctuated significantly, ranging from $145,553 in 2015 to $801,738 in 2021, indicating potential reliance on investment income or varying donation cycles rather than consistent program service revenue. The organization consistently reports zero officer compensation, which is a strong indicator of efficient administrative spending and a commitment to directing funds towards its mission.
Spending efficiency, based on the provided data, shows periods where expenses exceeded revenue, such as in 2023 ($486,574 expenses vs. $428,678 revenue) and 2022 ($519,391 expenses vs. $267,101 revenue). This suggests the organization may be drawing from its substantial asset base to cover operational costs during leaner revenue years. However, without a detailed breakdown of expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The consistent reporting of minimal liabilities ($0 or $1) across all filings points to strong financial management and a healthy balance sheet.
Transparency is generally good, with consistent IRS 990 filings over an extended period. The absence of officer compensation is a highly transparent practice. However, the lack of NTEE code and detailed expense breakdowns in the provided summary limits a deeper analysis of its programmatic focus and operational efficiency. Further investigation into the specific activities funded by the organization would enhance understanding of its impact.