Quick charity verification for Edward & Sandra Meyer Foundation Inc (EIN: 136204325)
Verdict: Edward & Sandra Meyer Foundation Inc appears trustworthy
90/100Mission Score
$17.7MRevenue
$65.5MAssets
1Red Flags
5Strengths
Red Flags
NTEE Code Unknown (limits understanding of specific mission focus)
Strengths
Strong and growing asset base ($63,521,835 in 2023)
Extremely low expense ratio relative to assets and revenue (e.g., $697,971 expenses on $63.5M assets in 2023)
No reported officer compensation, indicating high efficiency or volunteer leadership
Consistent IRS 990 filing history demonstrating transparency
Significant financial capacity for grantmaking
Spending Breakdown
How Edward & Sandra Meyer Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 & Sandra Meyer Foundation Inc
Is Edward & Sandra Meyer Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Edward & Sandra Meyer Foundation Inc (EIN: 136204325) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Edward & Sandra Meyer Foundation Inc a good charity to donate to?
Edward & Sandra Meyer Foundation Inc has a Mission Score of 90/100. Revenue: $17.7M. Assets: $65.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Edward & Sandra Meyer Foundation Inc?
The Employer Identification Number (EIN) for Edward & Sandra Meyer Foundation Inc is 136204325. 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 & Sandra Meyer Foundation Inc spend its money?
Edward & Sandra Meyer Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Edward & Sandra Meyer Foundation Inc's tax-exempt status?
You can verify Edward & Sandra Meyer Foundation Inc's tax-exempt status using EIN 136204325 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 & Sandra Meyer Foundation Inc. demonstrates strong financial health, consistently maintaining substantial assets, most recently reported at $63,521,835 in 2023. The organization's revenue has fluctuated significantly over the years, from a high of $26,102,435 in 2015 to $3,538,664 in 2023, indicating reliance on investment returns or large, infrequent contributions. A notable aspect is the extremely low expense ratios in recent years, with expenses of $697,971 against revenue of $3,538,664 in 2023, suggesting that a significant portion of revenue is retained to grow the endowment rather than being spent annually. This is typical for a private foundation primarily making grants.
The foundation exhibits excellent spending efficiency, particularly in recent periods where expenses are a small fraction of revenue and assets. For instance, in 2023, expenses were less than 2% of total assets. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean operational structure, further contributing to efficiency. The foundation's transparency is good, with consistent IRS 990 filings available, providing a clear historical financial picture.
Overall, the Edward & Sandra Meyer Foundation Inc. appears to be a well-managed private foundation focused on long-term asset growth and grantmaking, characterized by high financial stability and very low administrative overhead. Its financial practices suggest a strategic approach to philanthropy, building a robust endowment to support its mission over time.