Quick charity verification for Elfenworks Foundation (EIN: 205522254)
Verdict: Elfenworks Foundation appears trustworthy
85/100Mission Score
$4.1MRevenue
$5.2MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation, which is highly unusual for an organization with millions in assets and revenue, potentially indicating undisclosed compensation structures or significant reliance on unpaid leadership.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
Consistent financial reporting over a decade.
Growing assets, reaching $2,610,390 in 2023, indicating financial stability.
Minimal liabilities ($11,477 in 2023) relative to assets, suggesting a strong balance sheet.
Positive net income in recent years (e.g., $1,782,556 revenue vs. $957,059 expenses in 2023).
AI Transparency Report
The Elfenworks Foundation demonstrates a consistent operational history with fluctuating but generally increasing revenue in recent years, reaching $1,782,556 in 2023. Their financial health appears stable, with assets growing to $2,610,390 in 2023, significantly outpacing their minimal liabilities. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing overhead in this area. The provided data does not offer specific details on their transparency practices beyond the availability of their IRS 990 filings.