Quick charity verification for Esco Technologies Foundation (EIN: 203192719)
Verdict: Esco Technologies Foundation appears trustworthy
95/100Mission Score
$427KRevenue
$510KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program vs. administrative expense breakdown in summary data (though 0% officer comp mitigates this concern)
Strengths
Consistent reporting of $0 liabilities, indicating strong financial health and low risk.
0% officer compensation reported across all filings, suggesting highly efficient use of funds for mission.
Steady growth in revenue, from $295,289 in 2015 to $403,477 in 2023.
Healthy and growing asset base, reaching $537,594 in 2023.
Consistent IRS 990 filing history (13 filings), demonstrating transparency.
Spending Breakdown
How Esco Technologies 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
0%
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 Esco Technologies Foundation
Is Esco Technologies Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Esco Technologies Foundation (EIN: 203192719) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Esco Technologies Foundation a good charity to donate to?
Esco Technologies Foundation has a Mission Score of 95/100. Revenue: $427K. Assets: $510K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Esco Technologies Foundation?
The Employer Identification Number (EIN) for Esco Technologies Foundation is 203192719. 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 Esco Technologies Foundation spend its money?
Esco Technologies Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Esco Technologies Foundation's tax-exempt status?
You can verify Esco Technologies Foundation's tax-exempt status using EIN 203192719 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 Esco Technologies Foundation demonstrates consistent financial stability and a strong commitment to its program services. Over the past decade, the organization has maintained a healthy asset base, with assets consistently exceeding $450,000 and reaching $537,594 in the 2023 fiscal year. Its liabilities have consistently been reported as $0, indicating a very low financial risk profile. The foundation's revenue has shown a steady upward trend, from $295,289 in 2015 to $403,477 in 2023, allowing it to increase its program spending over time. The organization's efficiency is notable, with expenses generally aligning with or slightly below revenue, ensuring sustainability without significant deficits.
Spending efficiency appears robust, as the organization consistently reports 0% officer compensation, suggesting that all available funds are directed towards its mission and operational costs rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation is a strong indicator of efficient resource allocation. The consistent growth in revenue and assets, coupled with zero liabilities, points to sound financial management and a focus on long-term impact.
Transparency is high, given the consistent filing of IRS Form 990s over 13 periods and the clear reporting of zero liabilities and officer compensation. This consistent public disclosure allows for a clear understanding of the foundation's financial activities and its dedication to its stated purpose. The overall financial health is excellent, characterized by strong asset reserves, consistent revenue growth, and a lean operational structure.