Quick charity verification for Day Family Foundation (EIN: 133025969)
Verdict: Day Family Foundation shows mixed signals
45/100Mission Score
$3KRevenue
$338KAssets
4Red Flags
2Strengths
Red Flags
Consistent negative net income (expenses exceeding revenue) over multiple years.
Significant decline in total assets from $790,913 in 2011 to $338,282 in 2020.
Lack of detailed expense breakdown in the provided data, hindering analysis of program efficiency.
Unknown NTEE code, making it difficult to understand the organization's specific mission and compare it to peers.
Strengths
Consistent filing of IRS Form 990s, indicating regulatory compliance.
0% officer compensation reported across all available filings, suggesting volunteer leadership or efficient use of funds for executive roles.
Spending Breakdown
How Day Family Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Day Family Foundation
Is Day Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Day Family Foundation (EIN: 133025969) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Day Family Foundation a good charity to donate to?
Day Family Foundation has a Mission Score of 45/100. Revenue: $3K. Assets: $338K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Day Family Foundation?
The Employer Identification Number (EIN) for Day Family Foundation is 133025969. 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 Day Family Foundation spend its money?
Day Family Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Day Family Foundation's tax-exempt status?
You can verify Day Family Foundation's tax-exempt status using EIN 133025969 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 Day Family Foundation appears to be a private foundation with a concerning financial trend. Over the past decade, the organization has consistently reported expenses significantly exceeding its revenue, leading to a substantial decline in its asset base. For instance, in 2020, revenue was only $3,153 while expenses were $57,442, contributing to a net asset decrease. This pattern suggests the foundation is spending down its endowment rather than operating on sustainable income.
The foundation's financial health is further challenged by its shrinking asset base, which has fallen from $790,913 in 2011 to $338,282 in 2020. While the filings indicate 0% officer compensation, which is a positive for efficiency, the overall spending efficiency is difficult to assess without a detailed breakdown of program versus administrative expenses, which is not provided in the summary data. The lack of detailed expense categories in the provided data limits a full assessment of spending efficiency.
In terms of transparency, the consistent filing of IRS Form 990s demonstrates a commitment to regulatory compliance. However, without more granular data on the nature of their expenses and program activities, it's challenging to fully understand their operational focus and impact. The absence of an NTEE code also makes it difficult to benchmark their activities against similar organizations.