Quick charity verification for Edward & Romell Ackley Fnd 040006998900 (EIN: 206014363)
Verdict: Edward & Romell Ackley Fnd 040006998900 appears trustworthy
80/100Mission Score
$833KRevenue
$4.1MAssets
1Red Flags
4Strengths
Red Flags
Consistent negative net income (expenses exceeding revenue) in most recent years, potentially drawing down principal.
Strengths
Substantial and stable asset base ($4,087,409 latest assets).
Zero officer compensation reported across all filings, indicating high efficiency in executive costs.
Consistent IRS 990 filing history demonstrates transparency.
Minimal liabilities ($1 across many years) suggests strong financial management and no significant debt.
Spending Breakdown
How Edward & Romell Ackley Fnd 040006998900 allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Edward & Romell Ackley Fnd 040006998900
Is Edward & Romell Ackley Fnd 040006998900 a legitimate charity?
Based on AI analysis of IRS 990 filings, Edward & Romell Ackley Fnd 040006998900 (EIN: 206014363) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is Edward & Romell Ackley Fnd 040006998900 a good charity to donate to?
Edward & Romell Ackley Fnd 040006998900 has a Mission Score of 80/100. Revenue: $833K. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Edward & Romell Ackley Fnd 040006998900?
The Employer Identification Number (EIN) for Edward & Romell Ackley Fnd 040006998900 is 206014363. 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 Edward & Romell Ackley Fnd 040006998900 spend its money?
Edward & Romell Ackley Fnd 040006998900 allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Edward & Romell Ackley Fnd 040006998900's tax-exempt status?
You can verify Edward & Romell Ackley Fnd 040006998900's tax-exempt status using EIN 206014363 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 Edward & Romell Ackley Fnd appears to be a private foundation, as indicated by its consistent revenue fluctuations and relatively stable asset base, typical of an endowment-based entity. Its financial health is stable, with assets consistently over $3.7 million in recent years, reaching $4,152,780 in 2023. However, the foundation has consistently spent more than its revenue in most recent periods, such as in 2023 where expenses were $252,218 against revenues of $190,320, and in 2022 with expenses of $285,738 against revenues of $72,129. This trend suggests it is drawing down on its principal or relying on investment gains that are not always reflected as operating revenue.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, as a private foundation, its primary function is often grant-making, which typically has lower administrative overhead compared to direct service charities. The consistent liabilities of $1 across multiple years suggest minimal operational debt, indicating sound financial management in that regard. The absence of officer compensation further points to a lean operational structure.
Transparency appears to be good given the consistent filing of IRS Form 990s over a decade. The lack of officer compensation is a positive indicator of resources being directed towards the foundation's mission rather than executive salaries. However, without a detailed breakdown of expenses, it's challenging to fully evaluate the proportion of funds directly supporting charitable programs versus other operational costs.