Is Fred And Donna Nives Foundation Legit?

Quick charity verification for Fred And Donna Nives Foundation (EIN: 137390002)

Verdict: Fred And Donna Nives Foundation appears trustworthy

85/100Mission Score
$14.0MRevenue
$40.4MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Fred And Donna Nives Foundation allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Fred And Donna Nives Foundation

Is Fred And Donna Nives Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Fred And Donna Nives Foundation (EIN: 137390002) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Fred And Donna Nives Foundation a good charity to donate to?

Fred And Donna Nives Foundation has a Mission Score of 85/100. Revenue: $14.0M. Assets: $40.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fred And Donna Nives Foundation?

The Employer Identification Number (EIN) for Fred And Donna Nives Foundation is 137390002. 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 Fred And Donna Nives Foundation spend its money?

Fred And Donna Nives Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fred And Donna Nives Foundation's tax-exempt status?

You can verify Fred And Donna Nives Foundation's tax-exempt status using EIN 137390002 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 Fred And Donna Nives Foundation demonstrates strong financial health with substantial assets, currently at $40,371,286. The organization's revenue has shown significant fluctuations over the years, with a notable peak of $21,687,438 in 2022 and $13,967,971 in the latest period. However, a key observation is the consistently low reported expenses relative to revenue and assets. For instance, in 2023, with $6,505,750 in revenue, expenses were only $389,435. This suggests that the foundation primarily functions as a grant-making entity, distributing funds rather than incurring significant operational costs. The absence of reported officer compensation across all filings indicates a volunteer-led or minimally compensated leadership structure, which is a positive sign for donor confidence regarding administrative overhead. The foundation's spending efficiency appears high in terms of direct operational costs, as evidenced by the low expense figures. However, without a detailed breakdown of how the 'expenses' are categorized (e.g., program grants vs. administrative costs), it's challenging to fully assess the proportion of funds directly reaching beneficiaries. Given the nature of a private foundation, a significant portion of its 'program spending' would typically be in the form of grants to other organizations. The consistent growth in assets, from $3,999,166 in 2011 to over $40 million currently, indicates effective asset management and investment strategies. Transparency is generally good with consistent IRS 990 filings, and the zero officer compensation is a clear indicator of low administrative burden in that area.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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