Quick charity verification for Eagan Family Foundation Inc (EIN: 134085533)
Verdict: Eagan Family Foundation Inc appears trustworthy
92/100Mission Score
$4.0MRevenue
$8.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation reported across all filings, indicating high efficiency.
Significant growth in assets from $1.2 million in 2010 to $8.2 million in 2023.
Consistent history of IRS 990 filings, demonstrating strong transparency.
Minimal liabilities reported ($0 or $1) across all periods, indicating sound financial management.
Stable financial operations consistent with a private grantmaking foundation model.
Spending Breakdown
How Eagan Family Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Eagan Family Foundation Inc
Is Eagan Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eagan Family Foundation Inc (EIN: 134085533) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Eagan Family Foundation Inc a good charity to donate to?
Eagan Family Foundation Inc has a Mission Score of 92/100. Revenue: $4.0M. Assets: $8.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Eagan Family Foundation Inc?
The Employer Identification Number (EIN) for Eagan Family Foundation Inc is 134085533. 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 Eagan Family Foundation Inc spend its money?
Eagan Family Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Eagan Family Foundation Inc's tax-exempt status?
You can verify Eagan Family Foundation Inc's tax-exempt status using EIN 134085533 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 Eagan Family Foundation Inc. appears to be a well-managed private foundation with a consistent history of grantmaking. Over the past decade, the foundation has grown its assets significantly, from approximately $1.2 million in 2010 to over $8.2 million in 2023. While recent years (2021-2023) show expenses exceeding revenue, this is common for foundations that distribute grants from their endowment, and their asset base remains robust. The foundation consistently reports zero officer compensation, indicating that its leadership is likely unpaid, which is a strong positive for donor confidence and efficiency.
The organization's financial health is strong, supported by its substantial asset base relative to its annual expenses. The consistent reporting of minimal liabilities ($0 or $1) across all available filings further underscores its sound financial management. The NTEE code T22 (Private Grantmaking Foundations) aligns with its operational model. The absence of officer compensation suggests a high degree of spending efficiency, as administrative costs are likely kept low. Transparency is excellent, with a decade of consistent IRS 990 filings available, providing a clear picture of its financial activities.