Quick charity verification for Education And Diversity Foundation (EIN: 208449542)
Verdict: Education And Diversity Foundation shows mixed signals
45/100Mission Score
$1.7MRevenue
$2KAssets
5Red Flags
2Strengths
Red Flags
Significant deficit in the latest filing period (201812) where expenses ($2,072,898) exceeded revenue ($1,694,848).
Drastic reduction in assets from $432,577 in 2017 to $2,010 in 2018, indicating potential severe financial distress or asset liquidation.
Consistently operating with very low or negative net income across multiple years, suggesting a lack of financial sustainability and inability to build reserves.
Extremely low asset base ($2,010 in 2018) relative to its multi-million dollar revenue, indicating poor financial health and liquidity.
High liabilities ($137,700 in 2018) compared to minimal assets ($2,010) in the latest filing, raising solvency concerns.
Strengths
Consistent multi-million dollar revenue generation over several years, indicating a capacity to attract funding.
Reported 0% officer compensation across all filings, suggesting a commitment to minimizing executive overhead.
Spending Breakdown
How Education And Diversity Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Education And Diversity Foundation
Is Education And Diversity Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Education And Diversity Foundation (EIN: 208449542) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
Is Education And Diversity Foundation a good charity to donate to?
Education And Diversity Foundation has a Mission Score of 45/100. Revenue: $1.7M. Assets: $2K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Education And Diversity Foundation?
The Employer Identification Number (EIN) for Education And Diversity Foundation is 208449542. 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 Education And Diversity Foundation spend its money?
Education And Diversity Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Education And Diversity Foundation's tax-exempt status?
You can verify Education And Diversity Foundation's tax-exempt status using EIN 208449542 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
Education And Diversity Foundation exhibits a concerning financial trend, particularly in its latest filing period (201812) where expenses ($2,072,898) significantly exceeded revenue ($1,694,848), resulting in a deficit. This follows a pattern of operating very close to break-even in previous years, with revenues often only marginally exceeding or falling short of expenses. The organization's asset base is extremely low, reported at just $2,010 in 201812, which is a drastic reduction from $432,577 in 201712 and $45,997 in 201612, indicating a lack of financial reserves and potential liquidity issues. While the organization consistently reports 0% officer compensation, which can be a positive for donor perception, the overall financial stability and ability to sustain operations long-term are questionable given the recent deficits and minimal assets. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the recurring near-zero net income and recent deficit are red flags for financial health.