Quick charity verification for Caputo Foundation Inc (EIN: 203987936)
Verdict: Caputo Foundation Inc shows mixed signals
65/100Mission Score
$3.5MRevenue
$13.4MAssets
3Red Flags
4Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) in recent years, e.g., $624,662 expenses vs. $244,262 revenue in 202312.
Declining asset base from $15,774,523 in 201912 to $14,097,092 in 202312, indicating reliance on principal to cover costs.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full assessment of spending efficiency.
Strengths
Substantial asset base of $14,097,092 (202312), providing significant financial cushion.
Extremely low liabilities ($1 across all filings), indicating minimal debt burden.
Consistent reporting of 0% officer compensation, suggesting efficient use of funds at the executive level or volunteer leadership.
Strong history of IRS 990 filings (10 filings), demonstrating transparency in reporting obligations.
Spending Breakdown
How Caputo Foundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Caputo Foundation Inc
Is Caputo Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Caputo Foundation Inc (EIN: 203987936) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 4 strengths noted.
Is Caputo Foundation Inc a good charity to donate to?
Caputo Foundation Inc has a Mission Score of 65/100. Revenue: $3.5M. Assets: $13.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Caputo Foundation Inc?
The Employer Identification Number (EIN) for Caputo Foundation Inc is 203987936. 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 Caputo Foundation Inc spend its money?
Caputo Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Caputo Foundation Inc's tax-exempt status?
You can verify Caputo Foundation Inc's tax-exempt status using EIN 203987936 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 Caputo Foundation Inc. demonstrates a consistent pattern of spending exceeding its revenue in recent years, as evidenced by the 202312 filing showing expenses of $624,662 against revenue of $244,262, and similar trends in prior periods. This has led to a gradual decline in assets from $15,774,523 in 201912 to $14,097,092 in 202312. While the organization maintains substantial assets relative to its recent annual revenue, this operational deficit suggests reliance on its endowment or prior accumulated funds rather than current fundraising to cover expenses. The consistent reporting of $1 in liabilities across all filings indicates a very low debt burden, which is a positive sign of financial stability.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 10 filings available, indicating adherence to reporting requirements. A notable aspect is the reported 0% officer compensation across all available filings, which suggests either a fully volunteer-led executive team or that compensation is not reported in this specific field, warranting further investigation into other compensation lines if available. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it is challenging to fully assess spending efficiency. However, the consistent operational deficits raise questions about the long-term sustainability of its current spending model if not supported by a robust investment strategy or future revenue growth.
Overall, the Caputo Foundation appears financially stable due to its significant asset base, but its recent operational performance shows a trend of spending down its principal. The lack of officer compensation is a positive indicator of resource allocation, assuming it reflects actual practice. To fully assess spending efficiency, a more granular breakdown of expenses would be beneficial. The organization's consistent filing history points to good transparency in its reporting obligations.