Is Byron Fellowship Educational Foundation Inc Legit?
Quick charity verification for Byron Fellowship Educational Foundation Inc (EIN: 201446511)
Verdict: Byron Fellowship Educational Foundation Inc appears trustworthy
92/100Mission Score
$1.7MRevenue
$3.3MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown on 990s makes it difficult to precisely allocate spending between programs, admin, and fundraising without further information.
Strengths
Strong financial growth with revenue increasing from $252,031 to $1,125,100 and assets from $227,491 to $2,151,909 over eight years.
Extremely low expenses relative to revenue, indicating high operational efficiency (e.g., $221,711 expenses vs. $1,125,100 revenue in 202312).
No reported officer compensation, suggesting volunteer leadership or highly efficient compensation structures.
Minimal liabilities ($1 across all filings), indicating a very healthy balance sheet and low financial risk.
Consistent asset growth, building a strong financial foundation for future programs.
Spending Breakdown
How Byron Fellowship Educational Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Byron Fellowship Educational Foundation Inc
Is Byron Fellowship Educational Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Byron Fellowship Educational Foundation Inc (EIN: 201446511) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Byron Fellowship Educational Foundation Inc a good charity to donate to?
Byron Fellowship Educational Foundation Inc has a Mission Score of 92/100. Revenue: $1.7M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Byron Fellowship Educational Foundation Inc?
The Employer Identification Number (EIN) for Byron Fellowship Educational Foundation Inc is 201446511. 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 Byron Fellowship Educational Foundation Inc spend its money?
Byron Fellowship Educational Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Byron Fellowship Educational Foundation Inc's tax-exempt status?
You can verify Byron Fellowship Educational Foundation Inc's tax-exempt status using EIN 201446511 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 Byron Fellowship Educational Foundation Inc demonstrates strong financial health and efficiency, particularly in its program spending. Over the past five years, the organization has shown consistent growth in revenue and assets, with a significant jump in the latest reported period (202312) to $1,125,100 in revenue and $2,151,909 in assets. This growth is coupled with remarkably low expenses relative to revenue, suggesting a lean operational model. For instance, in 202312, expenses were only $221,711 against over $1.1 million in revenue, indicating a substantial portion of income is retained or directed towards future programs rather than immediate operational outlays.
The organization's spending efficiency appears very high, with expenses consistently representing a small fraction of its revenue across all reported periods. The absence of reported officer compensation further enhances its financial efficiency and transparency, indicating that leadership is either volunteer-based or compensated through other means not classified as officer compensation on the 990. The consistent reporting of only $1 in liabilities across all filings suggests a very healthy balance sheet with minimal debt, contributing to overall financial stability. The NTEE code B82 (Scholarships & Student Financial Aid) aligns with an educational mission, and the financial data supports a strong capacity to fund such programs.