Quick charity verification for Davidson Bruce Charitable Irrv Tr (EIN: 206565366)
Verdict: Davidson Bruce Charitable Irrv Tr appears trustworthy
85/100Mission Score
$9.3MRevenue
$21.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong asset base, consistently over $20 million in recent years.
Zero officer compensation reported, indicating efficient use of funds at the executive level.
Minimal liabilities ($1 or $0 reported), demonstrating excellent financial health.
Consistent IRS 990 filing history, indicating good transparency and compliance.
NTEE code T22 suggests a clear focus on grantmaking, aligning with a foundation's mission.
Spending Breakdown
How Davidson Bruce Charitable Irrv Tr allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Davidson Bruce Charitable Irrv Tr
Is Davidson Bruce Charitable Irrv Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Davidson Bruce Charitable Irrv Tr (EIN: 206565366) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Davidson Bruce Charitable Irrv Tr a good charity to donate to?
Davidson Bruce Charitable Irrv Tr has a Mission Score of 85/100. Revenue: $9.3M. Assets: $21.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Davidson Bruce Charitable Irrv Tr?
The Employer Identification Number (EIN) for Davidson Bruce Charitable Irrv Tr is 206565366. 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 Davidson Bruce Charitable Irrv Tr spend its money?
Davidson Bruce Charitable Irrv Tr allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Davidson Bruce Charitable Irrv Tr's tax-exempt status?
You can verify Davidson Bruce Charitable Irrv Tr's tax-exempt status using EIN 206565366 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 Davidson Bruce Charitable Irrv Tr appears to be a private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and its consistent pattern of expenses being lower than or comparable to revenue in most years, suggesting grantmaking activities rather than direct program service delivery. Its financial health appears stable, with assets consistently in the $20-22 million range in recent years, reaching $21,519,978 in 2023. Revenue has fluctuated significantly, from a low of $63,086 in 2011 to a high of $10,431,728 in 2013, and $2,473,485 in 2023. This volatility is common for foundations relying on investment returns or large contributions. The organization consistently reports $0 in officer compensation, which is a positive indicator for donor confidence regarding executive pay. Liabilities are consistently reported as $1 or $0, indicating a very strong balance sheet with minimal debt.
Spending efficiency, in the context of a private foundation, is primarily measured by the proportion of expenses dedicated to grants and charitable distributions. Without a detailed breakdown of expenses beyond total expenses, it's difficult to precisely assess the efficiency of its grantmaking operations versus administrative overhead. However, the absence of officer compensation suggests a lean operational structure at the top. The organization's consistent filing history (10 filings) demonstrates a commitment to transparency through regular reporting to the IRS.
Overall, the trust exhibits strong financial stability with substantial assets and minimal liabilities. Its transparency is good through consistent IRS filings and the clear reporting of no officer compensation. Further analysis would require a detailed breakdown of its expenses to determine the exact percentage allocated to grants versus administrative costs, but the available data suggests a well-managed foundation.