Is Evelyn G And Charles L Burgoynefoundation Legit?

The Evelyn G And Charles L Burgoynefoundation demonstrates consistent financial stability with assets generally exceeding $1 million over the past decade, peaking at $1,473,062 in 2011 and currently standing at $1,331,448. Revenue has fluctuated significantly, from a low of -$8,696 in 2011 to a high of $250,189 in 2021, and $131,649 in the latest period. The organization consistently reports minimal liabilities, indicating a strong balance sheet and low financial risk. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the foundation consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds at the executive level. The foundation's expenses have generally been lower than its revenue in recent years (e.g., $100,685 expenses vs. $131,649 revenue in 2023), allowing for asset growth. Transparency appears to be good given the consistent filing of IRS Form 990s over a long period. The absence of officer compensation is a notable positive for transparency and resource allocation. However, a more detailed breakdown of how expenses are categorized would further enhance understanding of their operational efficiency and program focus.