Quick charity verification for Easter Foundation Inc (EIN: 200499778)
Verdict: Easter Foundation Inc appears trustworthy
85/100Mission Score
$22.8MRevenue
$63.8MAssets
3Red Flags
4Strengths
Red Flags
Consistent $1 liability reported across all filings, which is unusual and may obscure financial details.
0% officer compensation reported for a large organization, potentially indicating non-standard reporting or volunteer leadership.
Very low expense-to-revenue ratio, suggesting significant asset accumulation rather than immediate program spending, which might not align with expectations for direct service charities.
Strengths
Exceptional asset growth, from $3.8M in 2011 to $63.1M in 2023, indicating strong financial management and investment.
Consistent revenue growth over the past decade, demonstrating effective fundraising or investment income generation.
No reported officer compensation, suggesting a highly efficient or volunteer-driven executive structure.
Strong financial health with substantial reserves, positioning the foundation for long-term impact.
Spending Breakdown
How Easter Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Easter Foundation Inc
Is Easter Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Easter Foundation Inc (EIN: 200499778) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Easter Foundation Inc a good charity to donate to?
Easter Foundation Inc has a Mission Score of 85/100. Revenue: $22.8M. Assets: $63.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Easter Foundation Inc?
The Employer Identification Number (EIN) for Easter Foundation Inc is 200499778. 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 Easter Foundation Inc spend its money?
Easter Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Easter Foundation Inc's tax-exempt status?
You can verify Easter Foundation Inc's tax-exempt status using EIN 200499778 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 Easter Foundation Inc. demonstrates strong financial health and appears to be a well-managed organization. Over the past decade, the foundation has shown remarkable growth in both revenue and assets. For instance, revenue surged from $1,563,899 in 2011 to $16,693,243 in 2023, while assets grew from $3,816,493 to $63,124,832 in the same period. This consistent growth indicates effective fundraising and investment strategies.
The organization consistently reports extremely low expenses relative to its revenue, often retaining a significant portion of its income. For example, in 2020, expenses were only $1,077,598 against $12,901,346 in revenue. This suggests a focus on asset accumulation rather than immediate program spending, which is typical for a foundation that primarily makes grants rather than directly operating programs. The consistent reporting of $1 in liabilities across all filings is unusual and might warrant further investigation into their balance sheet reporting practices, though it could also indicate a very strong financial position with minimal debt.
Transparency appears to be high regarding executive compensation, as the organization consistently reports 0% officer compensation across all available filings. This indicates that the foundation is likely managed by volunteers or that compensation is reported under other expense categories, which would require deeper scrutiny of their full 990 forms. Given the substantial assets and revenue, the absence of reported officer compensation is a notable characteristic.