Is East Side Elementary Foundation Inc…

Quick charity verification for East Side Elementary Foundation Inc (EIN: 202508087)

Spending Breakdown

How East Side Elementary Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 East Side Elementary Foundation Inc

Is East Side Elementary Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, East Side Elementary Foundation Inc (EIN: 202508087) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is East Side Elementary Foundation Inc a good charity to donate to?

East Side Elementary Foundation Inc has a Mission Score of 92/100. Revenue: $202K. Assets: $440K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for East Side Elementary Foundation Inc?

The Employer Identification Number (EIN) for East Side Elementary Foundation Inc is 202508087. 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 East Side Elementary Foundation Inc spend its money?

East Side Elementary Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify East Side Elementary Foundation Inc's tax-exempt status?

You can verify East Side Elementary Foundation Inc's tax-exempt status using EIN 202508087 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 East Side Elementary Foundation Inc demonstrates generally sound financial health, with consistent revenue streams and a healthy asset base. In the latest filing (202406), the organization reported revenue of $204,790 against expenses of $178,782, resulting in a surplus. This positive trend is also seen in the 202306 period, where revenue significantly exceeded expenses ($200,964 vs. $114,967). However, there have been periods of deficit spending, such as in 202206 where expenses ($282,734) far outstripped revenue ($168,562), indicating some variability in financial performance over time. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial stability and a volunteer-driven leadership model.

Spending efficiency appears strong, particularly given the absence of officer compensation, which suggests that a high proportion of funds can be directed towards programs. The consistent reporting of $0 liabilities across all available filings is a significant strength, indicating prudent financial management and no reliance on debt. The organization's assets have grown steadily, reaching $373,818 in 202406, further solidifying its financial position. The lack of officer compensation also contributes positively to transparency, as it suggests that the organization's resources are primarily allocated to its mission rather than executive salaries.

Overall, the East Side Elementary Foundation Inc exhibits good financial health and spending efficiency, with a clear commitment to its mission as evidenced by its financial structure. While there have been fluctuations in annual revenue and expenses, the long-term trend shows a stable and growing asset base with no debt. The consistent reporting of zero officer compensation is a key factor in its positive financial assessment and transparency.

Is East Side Elementary Foundation Inc Legit?

Verdict: East Side Elementary Foundation Inc appears trustworthy

Red Flags

Strengths