Quick charity verification for Ganahi Family Foundation (EIN: 205924646)
Verdict: Ganahi Family Foundation appears trustworthy
92/100Mission Score
$1.1MRevenue
$4.4MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown within the provided data, making it difficult to assess specific programmatic impact beyond overall efficiency.
Strengths
Consistent asset growth, from $643,393 in 2011 to $4,164,802 in 2023, demonstrating strong financial management.
Extremely low liabilities, consistently reported as $1, indicating financial stability and minimal debt.
No reported officer compensation, suggesting high efficiency in resource allocation.
Low expense ratio relative to revenue (e.g., 35.8% in 2023), allowing for significant reinvestment or program funding.
Consistent IRS 990 filing history, indicating good transparency and compliance.
Spending Breakdown
How Ganahi Family 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 Ganahi Family Foundation
Is Ganahi Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ganahi Family Foundation (EIN: 205924646) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Ganahi Family Foundation a good charity to donate to?
Ganahi Family Foundation has a Mission Score of 92/100. Revenue: $1.1M. Assets: $4.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ganahi Family Foundation?
The Employer Identification Number (EIN) for Ganahi Family Foundation is 205924646. 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 Ganahi Family Foundation spend its money?
Ganahi Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ganahi Family Foundation's tax-exempt status?
You can verify Ganahi Family Foundation's tax-exempt status using EIN 205924646 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 Ganahi Family Foundation demonstrates strong financial health and efficiency, particularly in its program spending. Over the past five years, the organization has consistently maintained low expense ratios relative to its revenue, allowing for significant growth in its asset base, from $2,383,057 in 2019 to $4,164,802 in 2023. This indicates effective management of resources and a focus on building long-term capacity. The foundation's liabilities have remained minimal, consistently reported as $1, which points to a very stable financial position and low financial risk.
The foundation's spending efficiency is commendable, with expenses in 2023 at $260,631 against a revenue of $727,455, representing approximately 35.8% of revenue. This suggests a high proportion of funds are retained or directed towards future programmatic activities. The absence of reported officer compensation further enhances its efficiency and transparency profile, indicating that leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, which is common for family foundations. This practice generally allows more funds to be directed towards the mission.
Transparency is high given the consistent filing of IRS Form 990s and the clear financial trends. The foundation's NTEE code T20 (Private Grantmaking Foundations) aligns with its operational model, and the financial data supports its role as a grantmaker. The consistent growth in assets and low liabilities, coupled with no reported officer compensation, paints a picture of a well-managed and fiscally responsible organization dedicated to its philanthropic mission.