Quick charity verification for Carthaus Family Foundation Inc (EIN: 133132066)
Verdict: Carthaus Family Foundation Inc shows mixed signals
65/100Mission Score
$3KRevenue
$74KAssets
3Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in most recent years, e.g., $8,011 expenses vs. $2,652 revenue in 2024.
Declining asset base over time, from $118,055 in 2016 to $74,243 currently, indicating unsustainable spending.
Lack of detailed expense breakdown in provided data makes it difficult to fully assess program vs. administrative spending efficiency.
Strengths
Consistently reports 0% officer compensation, indicating efficient use of funds at the executive level.
Maintains minimal liabilities, consistently reported as $0 or $1.
Regularly files IRS 990 forms, demonstrating compliance and transparency.
Spending Breakdown
How Carthaus Family Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
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 Carthaus Family Foundation Inc
Is Carthaus Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carthaus Family Foundation Inc (EIN: 133132066) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Carthaus Family Foundation Inc a good charity to donate to?
Carthaus Family Foundation Inc has a Mission Score of 65/100. Revenue: $3K. Assets: $74K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carthaus Family Foundation Inc?
The Employer Identification Number (EIN) for Carthaus Family Foundation Inc is 133132066. 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 Carthaus Family Foundation Inc spend its money?
Carthaus Family Foundation Inc allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carthaus Family Foundation Inc's tax-exempt status?
You can verify Carthaus Family Foundation Inc's tax-exempt status using EIN 133132066 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 Carthaus Family Foundation Inc. appears to be a small private foundation with limited financial activity. Its revenue has consistently been very low, often in the low thousands, with the exception of a spike in 2016. For several years, its expenses have significantly outstripped its revenue, indicating a reliance on its asset base. For example, in 2024, revenue was $2,652 while expenses were $8,011. This trend of spending more than it earns is a concern for long-term sustainability, although its asset base of $74,243 (latest) provides some buffer. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds for a small entity, assuming the work is done by volunteers or other means.
The foundation's financial health shows a pattern of gradual asset depletion over the past few years, from a high of $118,055 in 2016 to $74,243 currently. While the liabilities are consistently reported as minimal ($0 or $1), the consistent deficit spending is not sustainable without a significant increase in revenue or a reduction in expenses. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the overall revenue-to-expense ratio. However, the consistent reporting of zero officer compensation suggests a commitment to minimizing administrative overhead at the executive level.
Transparency appears to be adequate through its regular IRS 990 filings. The consistent reporting of minimal liabilities and zero officer compensation are positive transparency signals. However, without more detailed information on program activities and specific expense categories, a full assessment of its programmatic efficiency and impact is challenging. Given its small size and consistent financial patterns, it likely operates with a very lean structure.