Is Carleen And Eugene Grandon Charitable Foundation Legit?

Quick charity verification for Carleen And Eugene Grandon Charitable Foundation (EIN: 201134857)

Verdict: Carleen And Eugene Grandon Charitable Foundation appears trustworthy

92/100Mission Score
$6.8MRevenue
$31.4MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Carleen And Eugene Grandon Charitable Foundation 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 Carleen And Eugene Grandon Charitable Foundation

Is Carleen And Eugene Grandon Charitable Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Carleen And Eugene Grandon Charitable Foundation (EIN: 201134857) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Carleen And Eugene Grandon Charitable Foundation a good charity to donate to?

Carleen And Eugene Grandon Charitable Foundation has a Mission Score of 92/100. Revenue: $6.8M. Assets: $31.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Carleen And Eugene Grandon Charitable Foundation?

The Employer Identification Number (EIN) for Carleen And Eugene Grandon Charitable Foundation is 201134857. 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 Carleen And Eugene Grandon Charitable Foundation spend its money?

Carleen And Eugene Grandon Charitable Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Carleen And Eugene Grandon Charitable Foundation's tax-exempt status?

You can verify Carleen And Eugene Grandon Charitable Foundation's tax-exempt status using EIN 201134857 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 Carleen And Eugene Grandon Charitable Foundation demonstrates a strong commitment to its programmatic mission, as evidenced by its consistent lack of officer compensation across all reported periods. This indicates that the organization's leadership is likely volunteer-based or compensated through other means not reported as officer compensation, which is a positive sign for donor confidence. However, the foundation's financial performance shows significant volatility in revenue, with a peak of $29,939,133 in 2021 followed by a sharp decline to $492,601 in 2023. Despite this, the organization has maintained substantial assets, growing from $7,723 in 2011 to $29,490,815 in 2023, suggesting effective asset management and investment strategies. The foundation consistently reports minimal liabilities, indicating sound financial management and low debt risk. The foundation's spending efficiency appears to be focused on its mission, given the absence of reported officer compensation. While specific program spending ratios are not detailed in the provided data, the overall financial health, characterized by significant assets and minimal liabilities, suggests a stable base for its charitable activities. The dramatic fluctuations in revenue, particularly the large influx in 2021, could indicate reliance on large, infrequent donations or specific investment gains, which might pose challenges for consistent annual budgeting if not managed carefully. The consistent expenses around $1.5-$1.6 million in recent years (2021-2023) against varying revenues suggest a stable operational cost structure. In terms of transparency, the consistent filing of IRS 990 forms over a decade is a positive indicator. The lack of officer compensation is a key transparency point, showing that funds are not being diverted to high executive salaries. The foundation's substantial asset base and minimal liabilities further contribute to a picture of financial stability and responsible stewardship. However, without more detailed expense breakdowns, it's challenging to fully assess the efficiency of program delivery versus administrative or fundraising costs. The overall impression is one of a well-managed foundation with a clear focus on its charitable purpose.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages