Is Charitable Foundation For Academic And Social Excellence Legit?
Quick charity verification for Charitable Foundation For Academic And Social Excellence (EIN: 207467278)
Verdict: Charitable Foundation For Academic And Social Excellence appears trustworthy
70/100Mission Score
$161KRevenue
$504KAssets
2Red Flags
3Strengths
Red Flags
Significant year-to-year fluctuations in revenue and expenses, such as expenses exceeding revenue by over $13,000 in 2021 ($35,198 expenses vs. $21,482 revenue).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering a full assessment of spending efficiency.
Strengths
Consistent and substantial asset growth, from $37,502 in 2011 to $503,969 currently, indicating financial stability and good asset management.
Zero reported officer compensation across all filings, suggesting a highly volunteer-driven or lean executive structure.
Consistently reported zero liabilities, indicating sound financial management and no outstanding debt.
Spending Breakdown
How Charitable Foundation For Academic And Social Excellence allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Charitable Foundation For Academic And Social Excellence
Is Charitable Foundation For Academic And Social Excellence a legitimate charity?
Based on AI analysis of IRS 990 filings, Charitable Foundation For Academic And Social Excellence (EIN: 207467278) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Charitable Foundation For Academic And Social Excellence a good charity to donate to?
Charitable Foundation For Academic And Social Excellence has a Mission Score of 70/100. Revenue: $161K. Assets: $504K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Charitable Foundation For Academic And Social Excellence?
The Employer Identification Number (EIN) for Charitable Foundation For Academic And Social Excellence is 207467278. 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 Charitable Foundation For Academic And Social Excellence spend its money?
Charitable Foundation For Academic And Social Excellence allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Charitable Foundation For Academic And Social Excellence's tax-exempt status?
You can verify Charitable Foundation For Academic And Social Excellence's tax-exempt status using EIN 207467278 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 Charitable Foundation For Academic And Social Excellence demonstrates a mixed financial picture. While the organization has shown consistent asset growth over its filing history, increasing from $37,502 in 2011 to $503,969 currently, its revenue and expense patterns are somewhat erratic. For instance, in 2021, expenses ($35,198) significantly outpaced revenue ($21,482), indicating a reliance on reserves or prior period income. Conversely, in 2019, revenue ($74,224) substantially exceeded expenses ($29,388).
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a lean operational structure at the executive level. The foundation's transparency appears adequate given the public availability of its 990 filings, and the consistent reporting of zero liabilities indicates sound financial management in terms of debt.
Overall, the foundation appears to be financially stable with growing assets, but its operational funding relies on fluctuating annual revenues. A deeper dive into the allocation of its expenses would provide a clearer picture of its program efficiency and impact.