Is Business Education Foundation Inc Legit?

Quick charity verification for Business Education Foundation Inc (EIN: 223096098)

Verdict: Business Education Foundation Inc shows mixed signals

65/100Mission Score
$28KRevenue
$93KAssets
3Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Business Education Foundation Inc allocates its funds across programs, administration, and fundraising.

40%
Program Spending
Concerning — less than half to programs
40%
Admin Costs
High — over 25% on administration
20%
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 Business Education Foundation Inc

Is Business Education Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Business Education Foundation Inc (EIN: 223096098) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.

Is Business Education Foundation Inc a good charity to donate to?

Business Education Foundation Inc has a Mission Score of 65/100. Revenue: $28K. Assets: $93K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Business Education Foundation Inc?

The Employer Identification Number (EIN) for Business Education Foundation Inc is 223096098. 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 Business Education Foundation Inc spend its money?

Business Education Foundation Inc allocates 40% to programs, 40% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Business Education Foundation Inc's tax-exempt status?

You can verify Business Education Foundation Inc's tax-exempt status using EIN 223096098 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

Business Education Foundation Inc is a education nonprofit based in Bristol, Connecticut, with reported revenue of $28K and assets of $93K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 40% of spending goes to programs, 40% to administration, and 20% to fundraising. Executive compensation is reported as $0 across all available years, which is unusual for an organization with reported expenses. Revenue has declined -21% across 13 filing periods.

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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