Is Diana Nelson And John Atwaterfamily Foundation Legit?
Quick charity verification for Diana Nelson And John Atwaterfamily Foundation (EIN: 204900208)
Verdict: Diana Nelson And John Atwaterfamily Foundation appears trustworthy
85/100Mission Score
$920KRevenue
$749KAssets
2Red Flags
3Strengths
Red Flags
Significant annual deficits in some years (e.g., 2023: Revenue $24,302, Expenses $253,652)
Consistent reporting of $1 in liabilities, which is an unusual accounting practice.
Strengths
Consistent 0% officer compensation across all filings, indicating no executive salaries.
Significant growth in assets over the decade, from $61,286 in 2011 to $732,235 in 2023.
Minimal liabilities reported, suggesting a strong financial position.
Spending Breakdown
How Diana Nelson And John Atwaterfamily Foundation 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 Diana Nelson And John Atwaterfamily Foundation
Is Diana Nelson And John Atwaterfamily Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Diana Nelson And John Atwaterfamily Foundation (EIN: 204900208) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Diana Nelson And John Atwaterfamily Foundation a good charity to donate to?
Diana Nelson And John Atwaterfamily Foundation has a Mission Score of 85/100. Revenue: $920K. Assets: $749K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Diana Nelson And John Atwaterfamily Foundation?
The Employer Identification Number (EIN) for Diana Nelson And John Atwaterfamily Foundation is 204900208. 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 Diana Nelson And John Atwaterfamily Foundation spend its money?
Diana Nelson And John Atwaterfamily Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Diana Nelson And John Atwaterfamily Foundation's tax-exempt status?
You can verify Diana Nelson And John Atwaterfamily Foundation's tax-exempt status using EIN 204900208 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 Diana Nelson And John Atwaterfamily Foundation operates as a private foundation, which is reflected in its financial activities. Over the past decade, the foundation has shown significant variability in both revenue and expenses. For instance, in 2023, the foundation reported revenue of $24,302 against expenses of $253,652, indicating a substantial deficit for the year. This contrasts sharply with 2019, where revenue was $698,793 and expenses were $81,682. The foundation consistently reports minimal liabilities ($1), suggesting a strong balance sheet with assets primarily funding its operations.
Given its nature as a private foundation, the primary 'program' activity is typically grantmaking. Without a detailed breakdown of expenses beyond the top-level figures, it's challenging to precisely assess spending efficiency in terms of program vs. administrative costs. However, the consistent reporting of 0% officer compensation across all filings indicates good stewardship regarding executive pay, as no salaries are drawn by officers. The foundation's assets have grown considerably over the years, from $61,286 in 2011 to $732,235 in 2023, demonstrating effective asset management despite fluctuating annual revenues.
Transparency appears to be adequate through its IRS 990 filings, which are publicly available. The consistent reporting of liabilities at $1 across all periods is a notable and somewhat unusual data point, but it doesn't necessarily indicate a lack of transparency. Further detail on the allocation of expenses would enhance the understanding of its operational efficiency and program impact.