Quick charity verification for Charitable Fund (EIN: 200279534)
Verdict: Charitable Fund shows mixed signals
45/100Mission Score
$539KRevenue
$108KAssets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits, with expenses frequently exceeding revenue (e.g., $574,301 expenses vs. $538,740 revenue in 2016).
Dramatic decrease in assets from $12,410,178 in 2011 to $107,523 in 2016, indicating potential financial instability or significant asset liquidation.
High expense figures in earlier years ($9,652,537 in 2012, $3,143,654 in 2013) relative to revenue, suggesting unsustainable spending patterns at those times.
Strengths
0% officer compensation reported across all periods, indicating a commitment to minimizing executive pay and potentially maximizing funds for programs.
Consistent filing of IRS 990 forms, demonstrating a commitment to transparency in financial reporting.
Spending Breakdown
How Charitable Fund allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Fund
Is Charitable Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Charitable Fund (EIN: 200279534) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Charitable Fund a good charity to donate to?
Charitable Fund has a Mission Score of 45/100. Revenue: $539K. Assets: $108K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Charitable Fund?
The Employer Identification Number (EIN) for Charitable Fund is 200279534. 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 Fund spend its money?
Charitable Fund allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Charitable Fund's tax-exempt status?
You can verify Charitable Fund's tax-exempt status using EIN 200279534 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
Charitable Fund exhibits a concerning financial trend with expenses frequently exceeding revenue, particularly in earlier periods. For instance, in 2016, expenses of $574,301 outstripped revenue of $538,740, leading to a deficit. This pattern is even more pronounced in 2013 and 2012, where expenses were $3,143,654 and $9,652,537 respectively, against significantly lower revenues. While the organization's assets have fluctuated, they have generally decreased from a high of $12,410,178 in 2011 to $107,523 in 2016, indicating a potential draw-down of reserves or significant asset divestment. The consistent reporting of 0% officer compensation suggests a commitment to minimizing administrative overhead in this specific area, which is a positive sign for donor confidence regarding executive pay.
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 recurring deficits raise questions about the sustainability of its operations if this trend continues. The significant reduction in assets over the years, from over $12 million to just over $100,000, is a major red flag regarding long-term financial stability. Transparency is generally good given the availability of 990 filings, but a clearer narrative around the substantial asset reduction and consistent deficits would enhance understanding for potential donors.