Positive net income in many periods, contributing to asset growth
Spending Breakdown
How Byrd Hoffman Water Mill Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Byrd Hoffman Water Mill Foundation
Is Byrd Hoffman Water Mill Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Byrd Hoffman Water Mill Foundation (EIN: 134144013) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Byrd Hoffman Water Mill Foundation a good charity to donate to?
Byrd Hoffman Water Mill Foundation has a Mission Score of 90/100. Revenue: $14.9M. Assets: $44.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Byrd Hoffman Water Mill Foundation?
The Employer Identification Number (EIN) for Byrd Hoffman Water Mill Foundation is 134144013. 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 Byrd Hoffman Water Mill Foundation spend its money?
Byrd Hoffman Water Mill Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Byrd Hoffman Water Mill Foundation's tax-exempt status?
You can verify Byrd Hoffman Water Mill Foundation's tax-exempt status using EIN 134144013 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 Byrd Hoffman Water Mill Foundation demonstrates a generally healthy financial position with significant assets and fluctuating but often strong revenue streams. In the latest reported period (202312), the organization reported revenue of $7,095,953 against expenses of $4,006,082, indicating a substantial surplus. This positive trend is also seen in 201912, where revenue was $10,004,022 against expenses of $4,343,294. However, there have been periods, such as 202212 and 202112, where expenses exceeded revenue, suggesting reliance on reserves or prior year surpluses. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. The substantial asset base of $43,678,723 in 202312, significantly exceeding liabilities of $3,343,139, provides a strong financial cushion and long-term stability.