How Chaney Family 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 Chaney Family Foundation Inc
Is Chaney Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chaney Family Foundation Inc (EIN: 203478218) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Chaney Family Foundation Inc a good charity to donate to?
Chaney Family Foundation Inc has a Mission Score of 85/100. Revenue: $72K. Assets: $859K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chaney Family Foundation Inc?
The Employer Identification Number (EIN) for Chaney Family Foundation Inc is 203478218. 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 Chaney Family Foundation Inc spend its money?
Chaney Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chaney Family Foundation Inc's tax-exempt status?
You can verify Chaney Family Foundation Inc's tax-exempt status using EIN 203478218 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 Chaney Family Foundation Inc. appears to be a private foundation, as indicated by its NTEE code T20 (Private Grantmaking Foundations) and its consistent pattern of having minimal liabilities ($1) and no officer compensation reported across all available filings. This structure often implies a focus on grantmaking rather than direct program delivery. The foundation's financial health shows significant fluctuations in revenue, with peaks in 2020 ($342,604) and 2021 ($344,721), but more recent years (2022 and 2023) show lower revenues of $51,785 and $59,508, respectively. Despite these revenue variations, the foundation has consistently maintained substantial assets, ranging from $640,683 in 2019 to $1,107,107 in 2021, indicating a stable endowment.
Spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which are not provided in the summary data. However, the consistent reporting of zero officer compensation is a positive indicator of efficient use of funds at the executive level. The foundation's expenses have generally been higher than its revenue in most years, such as in 2023 where expenses were $134,128 against revenues of $59,508, leading to a decrease in assets. This suggests that the foundation is spending down its endowment to some extent, which is common for grantmaking foundations.
Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting of key financial metrics and the absence of officer compensation contribute to a clear financial picture. The foundation's consistent asset base and minimal liabilities suggest a well-managed financial structure, typical of a private foundation focused on long-term grantmaking.