Is Evergreen Fund Legit?

Spending Breakdown

How Evergreen Fund allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Evergreen Fund

Is Evergreen Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Evergreen Fund (EIN: 203198550) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.

Is Evergreen Fund a good charity to donate to?

Evergreen Fund has a Mission Score of 55/100. Revenue: $7.8M. Assets: $180K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Evergreen Fund?

The Employer Identification Number (EIN) for Evergreen Fund is 203198550. 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 Evergreen Fund spend its money?

Evergreen Fund allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Evergreen Fund's tax-exempt status?

You can verify Evergreen Fund's tax-exempt status using EIN 203198550 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 Evergreen Fund demonstrates a concerning trend of operating deficits, with expenses consistently exceeding revenue in recent years. For instance, in 2022, expenses were $4,155,020 against revenues of $3,958,395, and similar patterns are observed in 2021 and 2020. This indicates a reliance on prior reserves or increasing liabilities to cover operational costs. The organization's assets have also shown a significant decline from $376,614 in 2020 to $180,120 currently, while liabilities have fluctuated, reaching over $1 million in 2022 and 2021, suggesting potential financial instability.

Despite these financial challenges, the Evergreen Fund reports 0% officer compensation across all available filings, which is a positive indicator of efficient use of donor funds at the executive level. However, the consistent operating deficits and declining asset base raise questions about the long-term sustainability and financial management practices. Further details on program spending versus administrative and fundraising costs would be necessary to fully assess spending efficiency, as the provided data primarily focuses on overall revenue and expenses.

In terms of transparency, the organization has a consistent filing history with the IRS, which is a good practice. However, the financial trends suggest a need for greater clarity on how deficits are being managed and what strategies are in place to achieve financial equilibrium and growth. The significant liabilities in recent years warrant closer examination to understand their nature and impact on the organization's financial health.

Verdict: Evergreen Fund shows mixed signals

Red Flags

Strengths