Quick charity verification for Davis Family Foundation (EIN: 10751429)
Verdict: Davis Family Foundation appears trustworthy
95/100Mission Score
$135.8MRevenue
$1.6BAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, making precise spending efficiency analysis challenging beyond overall expenses.
The consistent 'Liabilities=$1' across multiple recent filings is unusual and might warrant further investigation into accounting practices, though it's a minor amount.
Strengths
Exceptional asset growth, from $179.5 million in 2011 to $1.6 billion currently, indicating strong financial management.
Consistently low overall expenses relative to revenue and assets, suggesting high operational efficiency.
Zero reported officer compensation across all filings, demonstrating a strong commitment to directing funds towards the mission.
Substantial and consistent revenue streams, providing a stable financial base for philanthropic activities.
Consistent IRS 990 filing history over a decade, indicating good transparency practices.
Spending Breakdown
How Davis Family Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Davis Family Foundation
Is Davis Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Davis Family Foundation (EIN: 10751429) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is Davis Family Foundation a good charity to donate to?
Davis Family Foundation has a Mission Score of 95/100. Revenue: $135.8M. Assets: $1.6B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Davis Family Foundation?
The Employer Identification Number (EIN) for Davis Family Foundation is 10751429. 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 Davis Family Foundation spend its money?
Davis Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Davis Family Foundation's tax-exempt status?
You can verify Davis Family Foundation's tax-exempt status using EIN 10751429 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 Davis Family Foundation demonstrates strong financial health and a consistent commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown remarkable growth in assets, increasing from $179.5 million in 2011 to nearly $1.6 billion currently, indicating robust financial management and investment strategies. Its revenue streams have also been substantial and generally increasing, with the latest reported revenue at $135.8 million.
The foundation consistently maintains a very low expense ratio relative to its revenue and assets, suggesting efficient operations. For example, in 2023, expenses were $56.8 million against $101.5 million in revenue, and in 2022, expenses were $57.2 million against $108.4 million in revenue. This indicates that a significant portion of its financial resources is retained or directed towards its programmatic goals rather than being consumed by overhead. The consistent reporting of 0% officer compensation across all available filings further highlights a strong focus on directing funds to the mission rather than executive salaries, contributing positively to its transparency and public trust.
Overall, the Davis Family Foundation appears to be a financially sound and efficiently managed organization. Its substantial and growing asset base, coupled with low operational expenses and zero reported officer compensation, suggests a highly effective philanthropic model. The consistent filing of IRS 990s over a decade also points to a commitment to transparency.