Steady decline in total assets over the past decade (from $1,155,648 in 2012 to $895,573 in 2024).
Highly volatile and generally low annual revenue, making financial planning difficult (e.g., $2,201 in 202206 vs. $206,350 in 202006).
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for mission-related activities.
Extremely low liabilities ($1 across all periods), suggesting no significant debt burden.
Spending Breakdown
How Chauncey Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Chauncey Foundation
Is Chauncey Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Chauncey Foundation (EIN: 203995660) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
Is Chauncey Foundation a good charity to donate to?
Chauncey Foundation has a Mission Score of 55/100. Revenue: $43K. Assets: $901K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chauncey Foundation?
The Employer Identification Number (EIN) for Chauncey Foundation is 203995660. 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 Chauncey Foundation spend its money?
Chauncey Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chauncey Foundation's tax-exempt status?
You can verify Chauncey Foundation's tax-exempt status using EIN 203995660 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 Chauncey Foundation exhibits a concerning trend of declining assets and inconsistent revenue, raising questions about its long-term financial sustainability. While the organization consistently reports zero officer compensation, which is a positive for donor confidence, its expenses frequently outstrip its revenue. For instance, in 202306, expenses were $63,205 against revenue of $28,772, and in 202406, expenses were $40,705 against revenue of $39,338. This operational deficit, sustained over multiple years, has led to a decrease in assets from $1,155,648 in 201206 to $895,573 in 202406. The foundation's transparency is good regarding executive compensation, but the financial performance suggests a need for a more robust fundraising strategy or a re-evaluation of spending to ensure its mission can be effectively pursued in the future.
The organization's financial health appears precarious due to its consistent operating losses. Although the latest revenue is $43,094, this is still relatively low compared to its historical asset base and typical expense levels. The lack of liabilities ($1 across all reported periods) is a strength, indicating no significant debt burden. However, the continuous draw-down on assets to cover operational shortfalls is unsustainable. Donors should be aware of these financial trends when considering support for the Chauncey Foundation.