Is Elizabeth And Kevin A Tattam Foundation…

Quick charity verification for Elizabeth And Kevin A Tattam Foundation Inc (EIN: 201035767)

Strengths

Consistent asset growth, from $681,849 in 2011 to $3,673,129 currently.
Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
Extremely low liabilities ($1 consistently), demonstrating strong financial stability and low risk.
Expenses are consistently low relative to revenue and assets, suggesting efficient operations.
Strong financial reserves with assets significantly exceeding annual expenses.

Spending Breakdown

How Elizabeth And Kevin A Tattam Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Elizabeth And Kevin A Tattam Foundation Inc

Is Elizabeth And Kevin A Tattam Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Elizabeth And Kevin A Tattam Foundation Inc (EIN: 201035767) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Elizabeth And Kevin A Tattam Foundation Inc a good charity to donate to?

Elizabeth And Kevin A Tattam Foundation Inc has a Mission Score of 92/100. Revenue: $1.8M. Assets: $3.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Elizabeth And Kevin A Tattam Foundation Inc?

The Employer Identification Number (EIN) for Elizabeth And Kevin A Tattam Foundation Inc is 201035767. 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 Elizabeth And Kevin A Tattam Foundation Inc spend its money?

Elizabeth And Kevin A Tattam Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Elizabeth And Kevin A Tattam Foundation Inc's tax-exempt status?

You can verify Elizabeth And Kevin A Tattam Foundation Inc's tax-exempt status using EIN 201035767 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 Elizabeth And Kevin A Tattam Foundation Inc demonstrates strong financial health with consistently growing assets, reaching $3,673,129 in its latest filing. The organization's revenue has fluctuated significantly over the years, with a notable peak of $1,768,261 in the latest period, but also periods of much lower revenue such as $21,469 in 2020. Despite these fluctuations, expenses have remained relatively stable and low, indicating efficient operations. The foundation consistently reports minimal liabilities ($1), suggesting a very healthy balance sheet and low financial risk.

Spending efficiency appears to be very high, as evidenced by the low expense figures relative to revenue and assets. For instance, in 2022, with $171,150 in revenue, expenses were only $141,111. A key indicator of efficiency and transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, or that the foundation is primarily volunteer-driven at the executive level. This practice, if sustained, contributes positively to the organization's ability to direct funds towards its mission.

Overall, the foundation exhibits strong financial stewardship, characterized by asset growth, low liabilities, and efficient expense management. The lack of officer compensation is a significant positive for transparency and resource allocation. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited. The consistent growth in assets, even during periods of lower revenue, indicates effective asset management and a strong financial foundation.

Is Elizabeth And Kevin A Tattam Foundation Inc Legit?

Verdict: Elizabeth And Kevin A Tattam Foundation Inc appears trustworthy

Red Flags