How Derrick Singer Private Foundation Tr allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Derrick Singer Private Foundation Tr
Is Derrick Singer Private Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Derrick Singer Private Foundation Tr (EIN: 206189223) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Derrick Singer Private Foundation Tr a good charity to donate to?
Derrick Singer Private Foundation Tr has a Mission Score of 75/100. Revenue: $282K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Derrick Singer Private Foundation Tr?
The Employer Identification Number (EIN) for Derrick Singer Private Foundation Tr is 206189223. 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 Derrick Singer Private Foundation Tr spend its money?
Derrick Singer Private Foundation Tr allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Derrick Singer Private Foundation Tr's tax-exempt status?
You can verify Derrick Singer Private Foundation Tr's tax-exempt status using EIN 206189223 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 Derrick Singer Private Foundation Tr demonstrates consistent financial stability with assets consistently over $1.3 million in recent years, reaching $1,410,951 in the latest filing. However, the organization has consistently spent more than it has brought in through revenue in recent periods, with expenses of $103,665 against revenue of $62,005 in 2023 and $105,874 against $57,256 in 2022. This trend of deficit spending, while not immediately critical given its substantial asset base, suggests a reliance on its endowment rather than operational revenue to cover expenses. The foundation's NTEE code T20 indicates it is a private foundation, which typically means it makes grants to other organizations rather than directly operating programs.
Transparency appears high as the organization consistently files its IRS Form 990, and the absence of officer compensation simplifies financial scrutiny. The foundation's liabilities have remained minimal, often reported as $1, indicating a healthy balance sheet. While the specific breakdown of program vs. administrative spending isn't detailed in the provided summary, the nature of a private foundation often means a higher proportion of its expenses are grants (programmatic) and investment management (administrative). The significant revenue spike in 2012 ($1,185,802) stands out as an anomaly compared to typical annual revenues ranging from $22,646 to $96,695, suggesting a large one-time contribution or asset sale that year.