Is David Raymond Price Foundation Legit? —…

Quick charity verification for David Raymond Price Foundation (EIN: 201136009)

Strengths

Exceptional spending efficiency, with expenses often less than 5% of revenue in recent years (e.g., $2,567 expenses vs. $55,205 revenue in 2023).
Consistent growth in assets, from $132,192 in 2011 to $266,810 currently, indicating strong financial stewardship.
No reported officer compensation across all filings, suggesting a volunteer-driven or highly cost-effective leadership structure.
Very low liabilities ($1 in recent years), indicating strong financial stability and minimal debt.
Consistent IRS 990 filing history, demonstrating commitment to transparency.

Spending Breakdown

How David Raymond Price Foundation allocates its funds across programs, administration, and fundraising.

98%

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 David Raymond Price Foundation

Is David Raymond Price Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, David Raymond Price Foundation (EIN: 201136009) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is David Raymond Price Foundation a good charity to donate to?

David Raymond Price Foundation has a Mission Score of 95/100. Revenue: $56K. Assets: $267K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for David Raymond Price Foundation?

The Employer Identification Number (EIN) for David Raymond Price Foundation is 201136009. 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 David Raymond Price Foundation spend its money?

David Raymond Price Foundation allocates 98% to programs, 2% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify David Raymond Price Foundation's tax-exempt status?

You can verify David Raymond Price Foundation's tax-exempt status using EIN 201136009 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 David Raymond Price Foundation demonstrates strong financial health and efficiency, particularly in recent years. With latest reported revenue of $56,392 and assets of $266,810, the organization has consistently grown its asset base, from $132,192 in 2011 to $223,218 in 2023. A key indicator of efficiency is the extremely low expense ratio in recent filings; for example, in 2023, expenses were only $2,567 against $55,205 in revenue, and in 2021, expenses were a mere $150 against $50,010 in revenue. This suggests that the vast majority of incoming funds are being retained or directly applied to program services, rather than being consumed by operational overhead. The consistent reporting of minimal liabilities ($1 in recent years) also points to a very stable financial position.

The foundation's spending efficiency has dramatically improved since its earlier years. Between 2011 and 2015, expenses often exceeded revenue, such as $117,966 in expenses against $56,146 in revenue in 2011, and $147,205 in expenses against $145,513 in revenue in 2015. However, from 2019 onwards, the foundation has consistently reported expenses that are a very small fraction of its revenue, indicating a significant shift towards fiscal conservatism and direct application of funds. The absence of officer compensation further enhances its efficiency and transparency profile, as all resources appear to be directed towards the foundation's mission. The consistent filing of IRS 990 forms over a decade also reflects a commitment to transparency.

Is David Raymond Price Foundation Legit?

Verdict: David Raymond Price Foundation appears trustworthy