Quick charity verification for Education Success Foundation Inc (EIN: 161557039)
Verdict: Education Success Foundation Inc appears trustworthy
85/100Mission Score
$12.6MRevenue
$35.2MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and warrants further investigation into how leadership is compensated.
Strengths
Strong and consistent revenue growth, from $3.30 million in 2015 to $8.54 million in 2024.
Significant asset accumulation, growing from $7.89 million in 2015 to $29.89 million in 2024.
Consistent financial surpluses, with expenses always lower than revenue across all reported periods.
Low liabilities relative to assets, indicating a healthy balance sheet (e.g., 2024 liabilities of $4.51 million against assets of $29.89 million).
Spending Breakdown
How Education Success Foundation Inc 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 Success Foundation Inc
Is Education Success Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Education Success Foundation Inc (EIN: 161557039) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Education Success Foundation Inc a good charity to donate to?
Education Success Foundation Inc has a Mission Score of 85/100. Revenue: $12.6M. Assets: $35.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Education Success Foundation Inc?
The Employer Identification Number (EIN) for Education Success Foundation Inc is 161557039. 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 Success Foundation Inc spend its money?
Education Success Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Education Success Foundation Inc's tax-exempt status?
You can verify Education Success Foundation Inc's tax-exempt status using EIN 161557039 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 Success Foundation Inc demonstrates strong financial health and consistent growth over the past decade. The organization has shown a remarkable increase in assets, from $7.89 million in 2015 to $29.89 million in 2024, indicating effective asset management and accumulation. Revenue has also seen substantial growth, reaching $8.54 million in 2024, up from $3.30 million in 2015. This sustained growth in both revenue and assets suggests a stable and expanding operational capacity.
Spending efficiency appears to be well-managed, with expenses consistently lower than revenue, leading to healthy surpluses. For instance, in 2024, expenses were $5.15 million against $8.54 million in revenue. A notable aspect of their transparency is the consistent reporting of 0% officer compensation across all available filings, which is highly unusual for an organization of this size and suggests that key leadership may be compensated through other means or that the 'officer' category specifically refers to uncompensated roles, warranting further investigation for complete transparency. However, without a detailed functional expense breakdown, it's challenging to fully assess program spending efficiency versus administrative and fundraising costs.
The organization's financial trajectory indicates a well-managed entity capable of generating significant resources. The absence of reported officer compensation is a unique characteristic that, while potentially positive, could also be a point of inquiry for a deeper understanding of their compensation structure. Overall, the foundation appears to be in a robust financial position, growing its resources effectively to support its mission.