Quick charity verification for Davenport Trust Fund (EIN: 16009246)
Verdict: Davenport Trust Fund appears trustworthy
90/100Mission Score
$1.3MRevenue
$6.7MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in provided data
Strengths
Consistent asset growth, reaching $6,848,692 in 202312
Zero officer compensation reported across all filings
Stable and predictable expenses, generally between $360,000 and $470,000 annually
Minimal liabilities ($525 consistently)
Strong financial stability and long-term health
Spending Breakdown
How Davenport Trust Fund allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Davenport Trust Fund
Is Davenport Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Davenport Trust Fund (EIN: 16009246) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Davenport Trust Fund a good charity to donate to?
Davenport Trust Fund has a Mission Score of 90/100. Revenue: $1.3M. Assets: $6.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Davenport Trust Fund?
The Employer Identification Number (EIN) for Davenport Trust Fund is 16009246. 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 Davenport Trust Fund spend its money?
Davenport Trust Fund allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Davenport Trust Fund's tax-exempt status?
You can verify Davenport Trust Fund's tax-exempt status using EIN 16009246 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 Davenport Trust Fund demonstrates consistent financial stability with a strong asset base, reaching $6,848,692 in the latest filing period (202312). The organization's revenue has shown significant fluctuation, with a notable spike to $1,244,002 in 202312, compared to an average of around $300,000-$600,000 in prior years. Expenses have remained relatively stable over the past decade, typically ranging between $360,000 and $470,000, indicating predictable operational costs. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, contributing positively to its transparency and public trust.
While the filings provide a clear picture of revenue, expenses, and assets, the absence of detailed program spending breakdowns within the provided data makes it challenging to fully assess spending efficiency in terms of program delivery versus administrative or fundraising costs. However, the low and consistent liabilities ($525 across all periods) suggest sound financial management and minimal debt. The substantial asset growth over the years, from $5,718,861 in 201112 to $6,848,692 in 202312, further underscores its long-term financial health and capacity to sustain its mission.