Quick charity verification for Cloverfields Foundation (EIN: 201919362)
Verdict: Cloverfields Foundation appears trustworthy
85/100Mission Score
$48.8MRevenue
$58.4MAssets
2Red Flags
3Strengths
Red Flags
Lack of detailed functional expense breakdown in public filings, making program efficiency difficult to fully assess.
Significant year-over-year revenue volatility, which could indicate reliance on less predictable funding sources.
Strengths
Consistent reporting of zero officer compensation, indicating efficient use of funds regarding executive pay.
Substantial and growing asset base, reaching over $60 million in 2023, providing financial stability.
Relatively low expenses compared to revenue in most years, suggesting good cost control (e.g., $5.8M expenses vs. $43.3M revenue in 2023).
Spending Breakdown
How Cloverfields Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Cloverfields Foundation
Is Cloverfields Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cloverfields Foundation (EIN: 201919362) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Cloverfields Foundation a good charity to donate to?
Cloverfields Foundation has a Mission Score of 85/100. Revenue: $48.8M. Assets: $58.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cloverfields Foundation?
The Employer Identification Number (EIN) for Cloverfields Foundation is 201919362. 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 Cloverfields Foundation spend its money?
Cloverfields Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cloverfields Foundation's tax-exempt status?
You can verify Cloverfields Foundation's tax-exempt status using EIN 201919362 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 Cloverfields Foundation demonstrates strong financial health with substantial and growing assets, reaching $60,257,863 in 2023. The organization consistently reports zero officer compensation, indicating a volunteer-led or externally managed structure, which can be a positive sign for donor confidence regarding executive pay. However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, making a precise assessment of spending efficiency challenging. While total expenses are relatively low compared to revenue in most years, such as $5,826,588 in expenses against $43,339,492 in revenue in 2023, without the functional expense allocation, it's difficult to determine the proportion directly benefiting programs.
The foundation's revenue has shown significant fluctuations, with a notable increase to $43,339,492 in 2023 from $15,555,066 in 2022, and a peak of $48,804,523 in its latest reported revenue. This volatility, while not necessarily negative for a foundation, suggests reliance on potentially large, infrequent contributions or investment returns. The consistent reporting of zero officer compensation across all available filings is a strong indicator of transparency regarding executive pay practices. To further enhance transparency and allow for a more thorough spending efficiency analysis, the organization would benefit from publicly detailing its functional expense allocation.