Quick charity verification for Educational Endowment Fund Inc (EIN: 20677193)
Verdict: Educational Endowment Fund Inc appears trustworthy
80/100Mission Score
$1.4MRevenue
$15.3MAssets
2Red Flags
4Strengths
Red Flags
Unexplained extreme expense spike in 2017 ($42,850,113 vs. $1,796,561 revenue)
Lack of detailed information on program spending breakdown in provided data
Strengths
Consistent reporting of zero officer compensation
Substantial and stable asset base (over $15 million)
Recent filings show zero liabilities, indicating strong financial health
Generally operates with expenses at or below revenue (excluding 2017 anomaly)
Spending Breakdown
How Educational Endowment Fund Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Educational Endowment Fund Inc
Is Educational Endowment Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Educational Endowment Fund Inc (EIN: 20677193) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Educational Endowment Fund Inc a good charity to donate to?
Educational Endowment Fund Inc has a Mission Score of 80/100. Revenue: $1.4M. Assets: $15.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Educational Endowment Fund Inc?
The Employer Identification Number (EIN) for Educational Endowment Fund Inc is 20677193. 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 Educational Endowment Fund Inc spend its money?
Educational Endowment Fund Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Educational Endowment Fund Inc's tax-exempt status?
You can verify Educational Endowment Fund Inc's tax-exempt status using EIN 20677193 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
Educational Endowment Fund Inc. demonstrates a generally stable financial position with significant assets, though its revenue and expenses have shown some volatility over the past decade. The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, a notable red flag is the extremely high expense reported in 2017 ($42,850,113) against a revenue of $1,796,561, which warrants further investigation as it significantly skews the financial picture for that year and could indicate an unusual event or reporting anomaly. Excluding this outlier, the organization typically operates with expenses close to or below its revenue, maintaining a healthy asset base. The consistent reporting of zero liabilities in recent years (2023, 2022, 2021, 2020) also points to strong financial management.