Is Erkiletian Family Foundation Legit? —…

Quick charity verification for Erkiletian Family Foundation (EIN: 134238878)

Spending Breakdown

How Erkiletian Family Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

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 Erkiletian Family Foundation

Is Erkiletian Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Erkiletian Family Foundation (EIN: 134238878) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Erkiletian Family Foundation a good charity to donate to?

Erkiletian Family Foundation has a Mission Score of 85/100. Revenue: $856K. Assets: $5.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Erkiletian Family Foundation?

The Employer Identification Number (EIN) for Erkiletian Family Foundation is 134238878. 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 Erkiletian Family Foundation spend its money?

Erkiletian Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Erkiletian Family Foundation's tax-exempt status?

You can verify Erkiletian Family Foundation's tax-exempt status using EIN 134238878 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 Erkiletian Family Foundation demonstrates consistent financial transparency through its regular IRS 990 filings, with 10 filings available. The organization's financial health shows a trend of expenses exceeding revenue in recent years, for example, in 2023, expenses were $329,937 against revenues of $213,004, and in 2022, expenses were $317,538 against revenues of $236,860. This indicates a reliance on existing assets to cover operational costs. Despite this, the foundation maintains substantial assets, reported at $5,688,222 in 2023, which suggests a strong endowment or investment base. The liabilities have remained extremely low, often reported as $1, indicating a very healthy balance sheet with minimal debt.

Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings is a positive indicator of efficient use of funds, as it suggests that leadership is either unpaid or compensated through other means not classified as officer compensation, potentially reducing overhead. The foundation's NTEE code T90 (Private Grantmaking Foundations) implies that its primary 'program' spending would be in the form of grants to other organizations, which is generally an efficient model for impact.

Overall, the foundation appears financially stable due to its significant assets and minimal liabilities, but the trend of negative net income in recent years warrants closer examination of its long-term sustainability if this trend continues without a corresponding increase in revenue or reduction in expenses. Its transparency is good due to consistent filings and the absence of officer compensation.

Is Erkiletian Family Foundation Legit?

Verdict: Erkiletian Family Foundation appears trustworthy

Red Flags

Strengths