Is Edmund A Bednarowski Jr Charitable Foundation Legit?
Quick charity verification for Edmund A Bednarowski Jr Charitable Foundation (EIN: 20530175)
Verdict: Edmund A Bednarowski Jr Charitable Foundation has notable concerns
20/100Mission Score
$4KRevenue
$46KAssets
4Red Flags
3Strengths
Red Flags
Expenses consistently and significantly exceed revenue (e.g., $320,668 expenses vs. $3,832 revenue in 201812).
Sharp decline in assets from $352,574 in 2017 to $45,940 in 2018, indicating significant depletion of reserves.
Long-term pattern of negative net income across multiple filing periods.
Lack of detailed expense breakdown makes it difficult to assess programmatic efficiency.
Strengths
Consistent filing of IRS Form 990s demonstrates a commitment to transparency.
No reported officer compensation, suggesting a volunteer-led organization.
No reported liabilities across all filings, indicating no outstanding debt.
Spending Breakdown
How Edmund A Bednarowski Jr Charitable Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Edmund A Bednarowski Jr Charitable Foundation
Is Edmund A Bednarowski Jr Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Edmund A Bednarowski Jr Charitable Foundation (EIN: 20530175) has notable concerns. Mission Score: 20/100. 4 red flags identified, 3 strengths noted.
Is Edmund A Bednarowski Jr Charitable Foundation a good charity to donate to?
Edmund A Bednarowski Jr Charitable Foundation has a Mission Score of 20/100. Revenue: $4K. Assets: $46K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Edmund A Bednarowski Jr Charitable Foundation?
The Employer Identification Number (EIN) for Edmund A Bednarowski Jr Charitable Foundation is 20530175. 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 Edmund A Bednarowski Jr Charitable Foundation spend its money?
Edmund A Bednarowski Jr Charitable Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Edmund A Bednarowski Jr Charitable Foundation's tax-exempt status?
You can verify Edmund A Bednarowski Jr Charitable Foundation's tax-exempt status using EIN 20530175 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 Edmund A Bednarowski Jr Charitable Foundation exhibits significant financial instability and potential operational concerns. In its latest filing (201812), the organization reported revenue of only $3,832 against expenses of $320,668, indicating a substantial deficit. This pattern of expenses far exceeding revenue is consistent across multiple years, with expenses often being several times higher than revenue. While the organization holds assets of $45,940, this represents a sharp decline from previous years (e.g., $352,574 in 201712), suggesting a significant depletion of its financial reserves. The lack of reported officer compensation across all filings indicates a volunteer-led structure, which can be a positive for efficiency, but the overall financial picture raises questions about the sustainability and effectiveness of its operations given the consistent and large deficits.
The foundation's spending efficiency is highly questionable due to the consistent and large negative net income. For instance, in 201812, expenses were nearly 84 times its revenue. Without a detailed breakdown of expenses, it's difficult to ascertain the proportion dedicated to programs versus administrative or fundraising costs. However, the sheer magnitude of expenses relative to incoming funds suggests that the organization is either drawing heavily from principal or experiencing significant financial challenges. The consistent decline in assets further supports the notion that the organization is spending more than it receives, which is not a sustainable model for long-term financial health. The lack of liabilities across all filings is a positive, indicating no outstanding debt, but this does not offset the severe revenue-expense imbalance.
Regarding transparency, the consistent filing of IRS Form 990s demonstrates a commitment to public disclosure. However, the financial data itself raises more questions than answers about how the organization is funding its operations and what specific programs are being supported given the vast discrepancy between revenue and expenses. A deeper dive into the nature of the expenses would be necessary to fully assess its programmatic impact and financial management practices. The significant drop in assets from 2017 to 2018, from over $350,000 to under $46,000, is a major red flag that warrants further investigation into the cause and implications for the foundation's future.