Quick charity verification for Elmina B Sewall Foundation (EIN: 10387404)
Verdict: Elmina B Sewall Foundation appears trustworthy
85/100Mission Score
$33.7MRevenue
$164.8MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure actual executive remuneration if paid by a related entity or through other means.
Significant fluctuations in annual revenue, including negative revenue, which while common for foundations, highlights reliance on investment performance.
Strengths
Substantial asset base of $170,578,667 in the latest period, indicating strong financial stability.
Consistent high level of expenses (likely program grants), demonstrating active fulfillment of its mission.
Long filing history (11 filings) suggests established operations and compliance.
Spending Breakdown
How Elmina B Sewall Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Elmina B Sewall Foundation
Is Elmina B Sewall Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Elmina B Sewall Foundation (EIN: 10387404) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Elmina B Sewall Foundation a good charity to donate to?
Elmina B Sewall Foundation has a Mission Score of 85/100. Revenue: $33.7M. Assets: $164.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elmina B Sewall Foundation?
The Employer Identification Number (EIN) for Elmina B Sewall Foundation is 10387404. 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 Elmina B Sewall Foundation spend its money?
Elmina B Sewall Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elmina B Sewall Foundation's tax-exempt status?
You can verify Elmina B Sewall Foundation's tax-exempt status using EIN 10387404 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 Elmina B Sewall Foundation demonstrates a strong commitment to its programmatic mission, as evidenced by its consistent program spending. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the foundation's primary function appears to be grant-making, which inherently involves significant program-related distributions. The foundation's asset base has shown some fluctuation, with a notable increase to $209,758,596 in 2021 before settling at $170,578,667 in the latest filing. Revenue has been highly variable, including a negative revenue figure of $-3,635,299 in 2022, which is common for foundations with investment-driven income. The absence of reported officer compensation across all filings suggests a lean operational structure or that compensation is handled through other means not captured in this specific field, which could be a point for further inquiry regarding transparency in executive remuneration.