Quick charity verification for Galveston County Food Bank (EIN: 200408375)
Verdict: Galveston County Food Bank appears trustworthy
98/100Mission Score
$23.2MRevenue
$8.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and significant revenue growth over a decade (from $7.8M in 2014 to $19.6M in 2023).
Zero reported officer compensation across all 13 filings, indicating exceptional resource allocation to mission.
Strong asset growth and low liabilities, demonstrating financial stability and good stewardship.
Expenses closely track revenues, suggesting efficient deployment of funds towards programs.
High transparency due to consistent and detailed IRS 990 filings.
Spending Breakdown
How Galveston County Food Bank allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
4%
Admin Costs
Reasonable — admin costs in check
1%
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 Galveston County Food Bank
Is Galveston County Food Bank a legitimate charity?
Based on AI analysis of IRS 990 filings, Galveston County Food Bank (EIN: 200408375) appears trustworthy. Mission Score: 98/100. 0 red flags identified, 5 strengths noted.
Is Galveston County Food Bank a good charity to donate to?
Galveston County Food Bank has a Mission Score of 98/100. Revenue: $23.2M. Assets: $8.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Galveston County Food Bank?
The Employer Identification Number (EIN) for Galveston County Food Bank is 200408375. 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 Galveston County Food Bank spend its money?
Galveston County Food Bank allocates 95% to programs, 4% to administration, and 1% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Galveston County Food Bank's tax-exempt status?
You can verify Galveston County Food Bank's tax-exempt status using EIN 200408375 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 Galveston County Food Bank demonstrates consistent financial health and growth over the past decade, with revenues steadily increasing from $7.8 million in 2014 to over $19 million in 2023. The organization maintains a strong asset base, growing from $1.2 million to $7.4 million in the same period, indicating good financial stewardship and capacity. Their liabilities are consistently low, suggesting minimal debt burden and strong liquidity.
The organization exhibits excellent spending efficiency, with expenses closely tracking revenues, indicating that the vast majority of funds are deployed annually towards their mission. The reported 0% officer compensation across all filings is a significant indicator of strong financial transparency and a commitment to directing resources to programs rather than executive salaries. This practice is highly commendable for a nonprofit of its size.
Overall, the Galveston County Food Bank appears to be a well-managed and transparent organization, effectively utilizing its resources to fulfill its mission. The consistent growth in revenue and assets, coupled with low liabilities and no reported officer compensation, paints a picture of a financially sound and responsible charity.