Quick charity verification for Casady School Private Foundation Inc (EIN: 203463330)
Verdict: Casady School Private Foundation Inc appears trustworthy
75/100Mission Score
$715KRevenue
$3.7MAssets
3Red Flags
3Strengths
Red Flags
Consistent decline in assets over the past decade, from $7,044,743 in 2012 to $3,860,718 in 2024.
Expenses frequently and significantly exceed revenue, as seen in 2023 where expenses were $4,431,442 against $504,615 in revenue.
Unusual consistent reporting of $1 in liabilities across all filings, which may warrant further investigation into financial reporting practices.
Strengths
Zero reported officer compensation, indicating efficient use of funds for executive salaries.
Consistent filing of IRS Form 990s, demonstrating transparency.
Likely strong program focus given its nature as a private foundation supporting an educational institution (NTEE B11).
Spending Breakdown
How Casady School Private Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Casady School Private Foundation Inc
Is Casady School Private Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Casady School Private Foundation Inc (EIN: 203463330) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Casady School Private Foundation Inc a good charity to donate to?
Casady School Private Foundation Inc has a Mission Score of 75/100. Revenue: $715K. Assets: $3.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Casady School Private Foundation Inc?
The Employer Identification Number (EIN) for Casady School Private Foundation Inc is 203463330. 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 Casady School Private Foundation Inc spend its money?
Casady School Private Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Casady School Private Foundation Inc's tax-exempt status?
You can verify Casady School Private Foundation Inc's tax-exempt status using EIN 203463330 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
Casady School Private Foundation Inc. appears to be a supporting organization for Casady School, as indicated by its NTEE code (B11 - Elementary & Secondary Education). The foundation's financial health shows a consistent trend of expenses exceeding revenue in most recent periods, leading to a gradual decline in assets from $7,044,743 in 2012 to $3,860,718 in 2024. For example, in 2023, expenses were $4,431,442 against revenue of $504,615, a significant deficit. This suggests the foundation is primarily disbursing funds rather than accumulating them, which is typical for a grant-making or supporting foundation. The consistent reporting of $1 in liabilities across all filings is unusual and might indicate a simplified reporting approach for certain types of liabilities or a lack of significant debt.
The organization demonstrates strong transparency by consistently filing its IRS Form 990s. Its spending efficiency, while not explicitly detailed in terms of program vs. administrative costs from the provided data, can be inferred to be focused on its mission given the nature of a private foundation supporting an educational institution. The absence of reported officer compensation further suggests that operational costs related to executive salaries are not a significant drain on resources, or that the foundation is managed by volunteers or staff whose compensation is covered by the primary school. The consistent asset decline, however, warrants closer examination to understand the long-term sustainability of its funding model.