Is Community Foundation Of The Klamathbasin Legit?
Quick charity verification for Community Foundation Of The Klamathbasin (EIN: 205502851)
Verdict: Community Foundation Of The Klamathbasin appears trustworthy
90/100Mission Score
$348KRevenue
$9.8MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the latest filing (2023), with expenses at $447,099 against revenue of $363,053.
Strengths
Significant asset growth over the past decade, from $630,619 in 2014 to $8,866,151 in 2023.
Consistent reporting of 0% officer compensation, indicating a volunteer-led executive team and high efficiency in executive spending.
Strong program focus, as implied by the nature of a community foundation and the absence of high administrative or fundraising costs.
Low liabilities relative to assets, with liabilities at $733 in 2023 against assets of $8,866,151, indicating strong financial solvency.
Spending Breakdown
How Community Foundation Of The Klamathbasin allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Community Foundation Of The Klamathbasin
Is Community Foundation Of The Klamathbasin a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Foundation Of The Klamathbasin (EIN: 205502851) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Community Foundation Of The Klamathbasin a good charity to donate to?
Community Foundation Of The Klamathbasin has a Mission Score of 90/100. Revenue: $348K. Assets: $9.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Community Foundation Of The Klamathbasin?
The Employer Identification Number (EIN) for Community Foundation Of The Klamathbasin is 205502851. 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 Community Foundation Of The Klamathbasin spend its money?
Community Foundation Of The Klamathbasin allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Community Foundation Of The Klamathbasin's tax-exempt status?
You can verify Community Foundation Of The Klamathbasin's tax-exempt status using EIN 205502851 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 Community Foundation Of The Klamathbasin demonstrates a generally sound financial position, with assets growing significantly over the past decade, from $630,619 in 2014 to $8,866,151 in 2023. This indicates effective asset management and donor confidence. The organization consistently reports zero officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While revenue has fluctuated, notably a spike to $5,231,559 in 2020, the foundation has maintained relatively low expenses compared to its asset base, suggesting efficient operations. However, the 2023 filing shows expenses ($447,099) exceeding revenue ($363,053), which warrants monitoring, though it's not uncommon for foundations to draw from endowments in certain years.