Quick charity verification for Exxonmobil Foundation (EIN: 136082357)
Verdict: Exxonmobil Foundation shows mixed signals
65/100Mission Score
$4.7MRevenue
$78.4MAssets
4Red Flags
2Strengths
Red Flags
Consistent operating deficits, with expenses significantly exceeding revenue in multiple periods (e.g., 2023: Revenue $6M, Expenses $29.9M).
Significant decline in total assets from $287,691,300 in 2015 to $108,506,578 in 2023.
Negative revenue reported in 2021 ($-4,079,616), which is unusual and requires further explanation.
High expense levels relative to current revenue, indicating reliance on past accumulated assets.
Strengths
0% officer compensation reported across all filings, indicating high efficiency in executive pay.
Substantial asset base, despite recent declines, still provides significant resources for philanthropic activities ($108,506,578 in 2023).
Spending Breakdown
How Exxonmobil 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 Exxonmobil Foundation
Is Exxonmobil Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Exxonmobil Foundation (EIN: 136082357) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
Is Exxonmobil Foundation a good charity to donate to?
Exxonmobil Foundation has a Mission Score of 65/100. Revenue: $4.7M. Assets: $78.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Exxonmobil Foundation?
The Employer Identification Number (EIN) for Exxonmobil Foundation is 136082357. 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 Exxonmobil Foundation spend its money?
Exxonmobil Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Exxonmobil Foundation's tax-exempt status?
You can verify Exxonmobil Foundation's tax-exempt status using EIN 136082357 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 Exxonmobil Foundation exhibits a concerning trend of declining revenue and significant asset depletion over the past several years. In 2023, the foundation reported revenue of $6,039,856 against expenses of $29,919,983, indicating a substantial operating deficit. This pattern is not new, with expenses consistently exceeding revenue in recent periods, leading to a decrease in assets from a high of $287,691,300 in 2015 to $108,506,578 in 2023. While the foundation reports 0% officer compensation, which is a positive for transparency and efficiency, the overall financial sustainability appears challenged by the consistent spending down of its asset base.
The foundation's financial health is largely dependent on its ability to generate sufficient revenue to cover its program expenses, or to manage its asset drawdowns sustainably. The negative revenue reported in 2021 ($-4,079,616) further highlights the volatility and potential reliance on non-operating income or asset sales. Without a clear indication of how these deficits are being addressed or what the long-term funding strategy is, the foundation's capacity to maintain its level of philanthropic activity is questionable. The lack of officer compensation is a strong point for efficiency, but it doesn't fully offset the broader financial trends.