Quick charity verification for Foundation Berma (EIN: 133068203)
Verdict: Foundation Berma appears trustworthy
75/100Mission Score
$25.1MRevenue
$304.1MAssets
3Red Flags
3Strengths
Red Flags
Consistent deficit spending in recent years (e.g., 2023 expenses $9.5M vs. revenue $3.3M)
Highly volatile revenue streams, making financial planning potentially challenging
Lack of detailed spending breakdown (program, admin, fundraising) in provided data to assess efficiency
Strengths
Substantial asset base ($304,058,701) provides financial stability
Consistent reporting of 0% officer compensation, indicating potential efficiency in executive pay
Long filing history (14 filings) suggests established operations
Spending Breakdown
How Foundation Berma allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Foundation Berma
Is Foundation Berma a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation Berma (EIN: 133068203) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Foundation Berma a good charity to donate to?
Foundation Berma has a Mission Score of 75/100. Revenue: $25.1M. Assets: $304.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Foundation Berma?
The Employer Identification Number (EIN) for Foundation Berma is 133068203. 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 Foundation Berma spend its money?
Foundation Berma allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Foundation Berma's tax-exempt status?
You can verify Foundation Berma's tax-exempt status using EIN 133068203 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
Foundation Berma demonstrates a consistent pattern of significant assets, currently at $304,058,701, indicating a strong financial foundation. However, recent years show a trend where expenses have exceeded revenue, notably in 2023 ($9,504,203 expenses vs. $3,317,970 revenue) and 2022 ($10,541,188 expenses vs. $7,242,654 revenue). This suggests the organization is drawing down on its substantial asset base or relying on prior period surpluses to cover current operations. The absence of reported officer compensation across all available filings is a notable aspect of its financial transparency, suggesting either a volunteer-led executive structure or compensation being reported in a different category not captured by 'Officer Comp'.
The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. The consistent reporting of zero officer compensation is a positive indicator for donor confidence regarding executive pay. However, the sustained deficit spending in recent periods warrants closer examination to understand if it's a strategic use of endowment or an unsustainable operational trend. The significant fluctuation in annual revenue, from a low of $-2,032,238 in 2014 to a high of $33,382,644 in 2021, suggests reliance on large, infrequent contributions or investment income, which can introduce volatility to its financial planning.