Quick charity verification for Cannstatter Foundation Inc (EIN: 133874613)
Verdict: Cannstatter Foundation Inc shows mixed signals
45/100Mission Score
$265KRevenue
$819KAssets
4Red Flags
3Strengths
Red Flags
Consistent operating deficits (e.g., $63,244 loss in 2023, $99,290 loss in 2022).
Significant and continuous decline in total assets over the past decade (from $1,350,756 in 2011 to $893,280 in 2023).
Revenue volatility, with a large spike in 2011 not sustained in subsequent years.
Lack of detailed expense breakdown in provided data makes it difficult to assess program efficiency.
Strengths
Zero officer compensation reported, indicating no executive salary burden.
Consistent filing of IRS Form 990s, demonstrating compliance and transparency in reporting.
Maintained a substantial asset base, despite declines, which could provide a buffer for future operations.
Spending Breakdown
How Cannstatter Foundation Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Cannstatter Foundation Inc
Is Cannstatter Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cannstatter Foundation Inc (EIN: 133874613) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
Is Cannstatter Foundation Inc a good charity to donate to?
Cannstatter Foundation Inc has a Mission Score of 45/100. Revenue: $265K. Assets: $819K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cannstatter Foundation Inc?
The Employer Identification Number (EIN) for Cannstatter Foundation Inc is 133874613. 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 Cannstatter Foundation Inc spend its money?
Cannstatter Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cannstatter Foundation Inc's tax-exempt status?
You can verify Cannstatter Foundation Inc's tax-exempt status using EIN 133874613 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 Cannstatter Foundation Inc. exhibits a concerning trend of declining assets and consistent operating deficits over the past several years, indicating potential long-term financial instability. For instance, in 2023, expenses of $259,862 significantly outstripped revenue of $196,618, leading to a net loss. This pattern is not isolated, as seen in 2022 where expenses ($169,451) also exceeded revenue ($70,161). The organization's assets have steadily decreased from $1,350,756 in 2011 to $893,280 in 2023, suggesting it may be drawing down reserves to cover operational costs.
While the organization reports 0% officer compensation, which is a positive for minimizing administrative overhead, the overall financial health is challenged by its inability to generate sufficient revenue to cover expenses. The NTEE code T20J (Germanic, Slavic, & Other European Culture & Ethnic Awareness) suggests a cultural mission, but without detailed expense breakdowns, it's difficult to fully assess spending efficiency. The consistent liabilities of $1 across all filings are unusual and might indicate a reporting anomaly or a very specific financial structure, but without further context, it doesn't provide much insight into financial obligations.
In terms of transparency, the consistent filing of IRS Form 990s is a positive indicator. However, the lack of detailed program spending information in the provided data makes it challenging to fully evaluate how effectively funds are being utilized towards its stated mission. The significant decline in assets over more than a decade raises questions about the sustainability of its operations and its long-term viability without a substantial increase in revenue or a reduction in expenses.