Quick charity verification for Catranis Fam Charitable Foundation Inc (EIN: 200410904)
Verdict: Catranis Fam Charitable Foundation Inc appears trustworthy
95/100Mission Score
$405KRevenue
$1.7MAssets
1Red Flags
5Strengths
Red Flags
Expenses slightly exceeded revenue in the latest 2023 filing ($188,566 vs $175,466), though this is an isolated instance in a trend of growth.
Strengths
Consistent asset growth from $791,863 in 2011 to $1,885,690 in 2023.
Zero officer compensation reported across all ten filings, indicating high efficiency.
Minimal liabilities ($1 across most filings), demonstrating strong financial management.
Consistent filing of IRS Form 990s, indicating good transparency.
Revenue generally outpacing expenses over the long term, contributing to financial stability.
Spending Breakdown
How Catranis Fam Charitable 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 Catranis Fam Charitable Foundation Inc
Is Catranis Fam Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catranis Fam Charitable Foundation Inc (EIN: 200410904) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Catranis Fam Charitable Foundation Inc a good charity to donate to?
Catranis Fam Charitable Foundation Inc has a Mission Score of 95/100. Revenue: $405K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Catranis Fam Charitable Foundation Inc?
The Employer Identification Number (EIN) for Catranis Fam Charitable Foundation Inc is 200410904. 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 Catranis Fam Charitable Foundation Inc spend its money?
Catranis Fam Charitable Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Catranis Fam Charitable Foundation Inc's tax-exempt status?
You can verify Catranis Fam Charitable Foundation Inc's tax-exempt status using EIN 200410904 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 Catranis Fam Charitable Foundation Inc demonstrates consistent financial health, with assets growing steadily from $791,863 in 2011 to $1,885,690 in 2023. The organization consistently maintains minimal liabilities, typically $1, indicating strong financial management and low debt risk. While the latest filing (2023) shows expenses ($188,566) slightly exceeding revenue ($175,466), this appears to be an anomaly in a trend of revenue generally outpacing expenses, contributing to asset growth. The foundation's NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is making grants, which aligns with its charitable purpose.
The foundation exhibits excellent spending efficiency, particularly in its lack of officer compensation, which has been 0% across all reported periods. This indicates that all funds are directed towards the foundation's charitable activities or asset growth, rather than executive salaries. Given its nature as a private grantmaking foundation, its 'program spending' would primarily be the grants it issues. Without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely quantify program vs. administrative costs, but the absence of officer compensation is a strong positive indicator of efficiency.
Transparency is high given the consistent filing of IRS Form 990s over a long period (10 filings). The consistent reporting of minimal liabilities and zero officer compensation enhances trust. The foundation's financial stability and growth, coupled with its efficient use of funds by not incurring executive compensation, paint a picture of a well-managed and transparent charitable entity focused on its mission.