Is Croul Family Foundation Legit?

Strengths

Consistent reporting of 0% officer compensation, indicating high spending efficiency and dedication of resources to mission.
Substantial and stable asset base (latest $23,967,769), providing long-term financial security.
Minimal liabilities across all reported periods, demonstrating sound financial management.
Consistent IRS 990 filing history, indicating transparency and compliance.
As a private foundation, its primary function is grantmaking, suggesting a strong program focus.

Spending Breakdown

How Croul Family Foundation allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Croul Family Foundation

Is Croul Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Croul Family Foundation (EIN: 201222760) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Croul Family Foundation a good charity to donate to?

Croul Family Foundation has a Mission Score of 90/100. Revenue: $2.8M. Assets: $24.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Croul Family Foundation?

The Employer Identification Number (EIN) for Croul Family Foundation is 201222760. 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 Croul Family Foundation spend its money?

Croul Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Croul Family Foundation's tax-exempt status?

You can verify Croul Family Foundation's tax-exempt status using EIN 201222760 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 Croul Family Foundation demonstrates a consistent commitment to its philanthropic mission, as evidenced by its NTEE code T22 (Private Grantmaking Foundations). The organization maintains a substantial asset base, with its latest reported assets at $23,967,769, indicating long-term financial stability. While revenue has fluctuated significantly, including a negative revenue of $-855,364 in 2022, the foundation consistently incurs expenses related to its grantmaking activities. The absence of reported officer compensation across all available filings suggests a lean operational structure and a focus on directing resources towards its charitable purpose, which is a strong indicator of spending efficiency. The foundation's liabilities have consistently been minimal, often reported as $1, further reinforcing its sound financial management.

Spending efficiency appears high, primarily due to the zero reported officer compensation, meaning administrative costs are likely very low relative to the grants made. As a private foundation, its primary function is to make grants, and the available data suggests that the vast majority of its expenses would be program-related (grants paid). The consistent filing of IRS Form 990s over a decade demonstrates a commitment to regulatory compliance and transparency, allowing public scrutiny of its financial activities. The foundation's ability to maintain a significant asset base despite periods of negative revenue or expenses exceeding revenue (e.g., 2023, 2022, 2020) suggests prudent investment management and a long-term strategic approach to its endowment.

Overall, the Croul Family Foundation exhibits strong financial health with a robust asset base and a highly efficient spending model, particularly due to the lack of executive compensation. Its consistent filing history contributes to its transparency, allowing stakeholders to track its financial performance and grantmaking activities over time. The fluctuations in annual revenue are typical for foundations relying on investment returns, but the sustained asset level indicates resilience.

Verdict: Croul Family Foundation appears trustworthy

Red Flags