Is Davidson Family Foundation Inc Legit? —…

Quick charity verification for Davidson Family Foundation Inc (EIN: 133097034)

Spending Breakdown

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

90%

Program Spending

Healthy — majority goes to mission

10%

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 Davidson Family Foundation Inc

Is Davidson Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Davidson Family Foundation Inc (EIN: 133097034) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Davidson Family Foundation Inc a good charity to donate to?

Davidson Family Foundation Inc has a Mission Score of 85/100. Revenue: $19K. Assets: $109K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Davidson Family Foundation Inc?

The Employer Identification Number (EIN) for Davidson Family Foundation Inc is 133097034. 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 Family Foundation Inc spend its money?

Davidson Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Davidson Family Foundation Inc's tax-exempt status using EIN 133097034 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 Family Foundation Inc. appears to be a small, private foundation with a relatively stable asset base, hovering around $100,000 to $140,000 over the past decade. Its revenue and expenses fluctuate annually, with some years showing expenses exceeding revenue, such as in 2022 where expenses were $10,835 against revenue of $5,817, and in 2019 where expenses were $8,937 against revenue of $4,592. This indicates that the foundation occasionally draws from its assets to cover operational costs or grantmaking.

The organization demonstrates strong financial transparency by consistently filing its IRS Form 990s. A significant positive is the reported 0% officer compensation across all available filings, suggesting that the foundation's leadership is unpaid, which is a strong indicator of efficient use of funds for its stated mission rather than administrative overhead. Given its small scale, the foundation's financial health seems stable, though it's important to note the consistent net losses in several years, which could gradually erode its asset base if not balanced by future gains or increased contributions.

Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, it's challenging to precisely assess spending efficiency beyond the lack of executive compensation. However, the consistent low liabilities (often $1) suggest sound financial management regarding debt. The foundation's primary focus, given its structure, is likely grantmaking, and the absence of compensation costs implies a high proportion of expenses, whatever they may be, are directed towards its charitable purpose.

Is Davidson Family Foundation Inc Legit?

Verdict: Davidson Family Foundation Inc appears trustworthy

Red Flags

Strengths