Quick charity verification for Drago Foundation (EIN: 203471145)
Verdict: Drago Foundation shows mixed signals
45/100Mission Score
$205Revenue
$49KAssets
3Red Flags
2Strengths
Red Flags
Extreme revenue volatility, making financial planning and sustainability difficult (e.g., $184,400 in 2021 to $205 in 2022).
Significant deficit spending in multiple years, notably 2022 where expenses ($48,424) were 236 times revenue ($205).
Inconsistent operational scale suggested by fluctuating expenses and assets over time.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
Maintained a positive asset balance despite significant revenue fluctuations and deficit spending in some years.
Spending Breakdown
How Drago Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
20%
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 Drago Foundation
Is Drago Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Drago Foundation (EIN: 203471145) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Drago Foundation a good charity to donate to?
Drago Foundation has a Mission Score of 45/100. Revenue: $205. Assets: $49K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Drago Foundation?
The Employer Identification Number (EIN) for Drago Foundation is 203471145. 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 Drago Foundation spend its money?
Drago Foundation allocates 75% to programs, 20% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Drago Foundation's tax-exempt status?
You can verify Drago Foundation's tax-exempt status using EIN 203471145 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 Drago Foundation exhibits highly inconsistent financial activity, with revenue fluctuating wildly from $2 in 2019 to $184,400 in 2021, and then plummeting to $205 in 2022. This volatility makes it challenging to assess long-term financial health or operational stability. In 2022, the organization reported expenses of $48,424 against only $205 in revenue, indicating a significant deficit spending that year. While the organization consistently reports zero officer compensation, which is a positive for resource allocation, the overall financial picture suggests an organization struggling with consistent funding and operational scale. The consistent liability of $840 across all reported periods is also unusual and warrants further investigation.