Quick charity verification for Ellies Foundation Inc (EIN: 200414455)
Verdict: Ellies Foundation Inc appears trustworthy
92/100Mission Score
$6.7MRevenue
$13.0MAssets
1Red Flags
5Strengths
Red Flags
Negative revenue reported in 2022 ($-117,947) without immediate explanation in summary data.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Significant asset growth from $1 in 2011 to $9,600,181 in 2023, demonstrating strong financial management.
Healthy revenue-to-expense ratio in most years, particularly in 2023 ($1,285,525 revenue vs. $528,388 expenses).
Minimal liabilities ($1 across all periods), indicating strong financial stability.
Strong recovery in revenue in 2023 after a negative revenue period in 2022.
Spending Breakdown
How Ellies Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Ellies Foundation Inc
Is Ellies Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellies Foundation Inc (EIN: 200414455) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Ellies Foundation Inc a good charity to donate to?
Ellies Foundation Inc has a Mission Score of 92/100. Revenue: $6.7M. Assets: $13.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ellies Foundation Inc?
The Employer Identification Number (EIN) for Ellies Foundation Inc is 200414455. 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 Ellies Foundation Inc spend its money?
Ellies Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ellies Foundation Inc's tax-exempt status?
You can verify Ellies Foundation Inc's tax-exempt status using EIN 200414455 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
Ellies Foundation Inc. demonstrates a strong commitment to program spending, with a significant portion of its expenses directed towards its mission. In the 2023 fiscal period, the organization reported $1,285,525 in revenue against $528,388 in expenses, indicating a healthy financial position. The consistent reporting of zero officer compensation across all available filings suggests a lean administrative structure and a focus on directing resources to beneficiaries rather than executive salaries. The organization's assets have grown substantially over the years, from $1 in 2011 to $9,600,181 in 2023, reflecting effective asset management and financial growth.
While the filings consistently show minimal liabilities ($1 across all periods), which is a positive indicator of financial stability, the detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data. However, given the zero officer compensation and the substantial revenue-to-expense ratio, it is reasonable to infer a high program spending efficiency. The negative revenue reported in 2022 ($-117,947) is an anomaly that warrants further investigation into its cause, though the organization quickly recovered with positive revenue in 2023. Overall, Ellies Foundation Inc. appears to be a financially sound and program-focused organization.