Quick charity verification for Garland E Wood Foundation (EIN: 133437869)
Verdict: Garland E Wood Foundation shows mixed signals
45/100Mission Score
$706KRevenue
$784KAssets
3Red Flags
1Strengths
Red Flags
Consistent net negative revenue over multiple years, indicating unsustainable operations (e.g., 202308: Revenue=$13,268, Expenses=$27,109).
Significant decline in assets from $390,260 in 201908 to $262,038 in 202308, likely due to deficit spending.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full efficiency assessment.
Strengths
Zero officer compensation reported across all filings, indicating a volunteer-driven or minimally compensated leadership.
Spending Breakdown
How Garland E Wood Foundation allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
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 Garland E Wood Foundation
Is Garland E Wood Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Garland E Wood Foundation (EIN: 133437869) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 1 strength noted.
Is Garland E Wood Foundation a good charity to donate to?
Garland E Wood Foundation has a Mission Score of 45/100. Revenue: $706K. Assets: $784K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Garland E Wood Foundation?
The Employer Identification Number (EIN) for Garland E Wood Foundation is 133437869. 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 Garland E Wood Foundation spend its money?
Garland E Wood Foundation allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Garland E Wood Foundation's tax-exempt status?
You can verify Garland E Wood Foundation's tax-exempt status using EIN 133437869 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 Garland E Wood Foundation exhibits a concerning financial trend with consistent net losses over several years, indicating that expenses frequently outpace revenue. For instance, in 202308, revenue was $13,268 while expenses were $27,109, and in 202208, revenue was $615 against $40,761 in expenses. This pattern suggests a reliance on existing assets rather than sustainable operational funding. The organization's assets have fluctuated, decreasing from $390,260 in 201908 to $262,038 in 202308, which aligns with the ongoing deficit spending. The lack of reported officer compensation across all filings suggests a volunteer-driven or minimally compensated leadership structure, which can be a positive for efficiency if program delivery is robust.
However, without a detailed breakdown of expenses (e.g., program vs. administrative vs. fundraising), it's challenging to fully assess spending efficiency. The consistent net negative revenue, including a significant negative revenue of $-32,557 in 202108, raises questions about the long-term viability and funding model. The organization's latest reported revenue of $706,247 and assets of $783,900 are significantly higher than the individual filing periods, suggesting a potential recent large influx of funds or a discrepancy in the provided data points, which warrants further investigation for a complete picture of its current financial health.
Transparency regarding the allocation of expenses is limited by the available data. While the absence of officer compensation is a positive indicator for minimizing overhead in that specific area, the overall financial health is precarious due to the persistent operational deficits. A more detailed breakdown of how the expenses are categorized would be crucial for a comprehensive assessment of its spending efficiency and program focus.