Quick charity verification for Ellison Ballet Foundation Inc (EIN: 203460356)
Verdict: Ellison Ballet Foundation Inc appears trustworthy
75/100Mission Score
$3.1MRevenue
$787KAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits in recent years (e.g., 2023, 2022, 2020), where expenses exceeded revenue.
Significant fluctuation in annual revenue, from a low of $499,038 in 2019 to a high of $1,671,970 in 2022 (excluding the 'Latest Revenue' figure which might be a cumulative or different period).
Strengths
Zero reported officer compensation across all filings, indicating strong financial stewardship regarding executive pay.
Consistent filing of IRS Form 990s over 13 periods, demonstrating good transparency and compliance.
Maintained a healthy asset base, generally above $700,000, providing some financial cushion despite operational deficits.
Spending Breakdown
How Ellison Ballet Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Ellison Ballet Foundation Inc
Is Ellison Ballet Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellison Ballet Foundation Inc (EIN: 203460356) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Ellison Ballet Foundation Inc a good charity to donate to?
Ellison Ballet Foundation Inc has a Mission Score of 75/100. Revenue: $3.1M. Assets: $787K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ellison Ballet Foundation Inc?
The Employer Identification Number (EIN) for Ellison Ballet Foundation Inc is 203460356. 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 Ellison Ballet Foundation Inc spend its money?
Ellison Ballet Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ellison Ballet Foundation Inc's tax-exempt status?
You can verify Ellison Ballet Foundation Inc's tax-exempt status using EIN 203460356 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
Ellison Ballet Foundation Inc. demonstrates a consistent operational pattern, with revenues generally tracking expenses closely over the past several years. For instance, in 2023, expenses of $1,814,188 slightly exceeded revenues of $1,568,831, leading to a net deficit. This trend of expenses often outpacing revenue is visible in multiple periods, such as 2022 ($1,835,037 expenses vs. $1,671,970 revenue) and 2020 ($1,140,580 expenses vs. $895,108 revenue). While the organization has maintained a healthy asset base, ranging from $581,873 in 2023 to over $1 million in 2019, the recurring operational deficits suggest a need for closer monitoring of financial sustainability or increased fundraising efforts to cover program costs.
The organization's transparency is commendable regarding executive compensation, as all filings indicate 0% officer compensation, which is a strong positive for a nonprofit. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. The consistent filing of IRS Form 990s over 13 periods indicates good compliance and a commitment to public disclosure.
Overall, while the foundation appears to be managing its assets reasonably well, the consistent operational deficits warrant attention. A deeper dive into the allocation of expenses would be beneficial to fully understand its spending efficiency and ensure long-term financial health, especially given the fluctuations in revenue and expenses over the years.