Quick charity verification for Davis Love Iii Foundation (EIN: 202920597)
Verdict: Davis Love Iii Foundation appears trustworthy
92/100Mission Score
$12.9MRevenue
$6.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $5.9M in 2011 to $12.9M currently.
Strong asset accumulation, growing from $674K in 2011 to $6.1M currently.
No reported officer compensation across all filings, indicating efficient use of funds.
High program spending efficiency, with expenses closely tracking revenue.
Healthy operating surplus, with revenues consistently exceeding expenses.
Spending Breakdown
How Davis Love Iii Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Love Iii Foundation
Is Davis Love Iii Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Davis Love Iii Foundation (EIN: 202920597) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Davis Love Iii Foundation a good charity to donate to?
Davis Love Iii Foundation has a Mission Score of 92/100. Revenue: $12.9M. Assets: $6.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Davis Love Iii Foundation?
The Employer Identification Number (EIN) for Davis Love Iii Foundation is 202920597. 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 Love Iii Foundation spend its money?
Davis Love Iii Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Davis Love Iii Foundation's tax-exempt status?
You can verify Davis Love Iii Foundation's tax-exempt status using EIN 202920597 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 Love III Foundation demonstrates consistent financial growth and strong program spending efficiency over the past decade. With latest reported revenue of $12,898,516 and expenses of $11,972,087 in 2023, the organization maintains a healthy operating surplus. Its assets have steadily grown from $674,821 in 2011 to $6,189,014 currently, indicating sound financial management and capacity building. The foundation's commitment to its mission is evident in its high program spending ratio, consistently allocating a significant majority of its expenses directly to programmatic activities.
The organization's financial health appears robust, with revenues consistently exceeding expenses, allowing for asset accumulation. The absence of reported officer compensation across all available filings suggests a volunteer-led or externally compensated leadership structure, which can be a positive indicator for donor confidence regarding administrative overhead. The foundation's NTEE code T22 (Recreational & Sports) aligns with its name, suggesting a clear mission focus.
Overall, the Davis Love III Foundation exhibits strong financial stewardship, efficient spending, and a clear dedication to its stated purpose. The consistent growth in revenue and assets, coupled with a high program spending ratio and no reported officer compensation, paints a picture of a well-managed and impactful nonprofit.