Quick charity verification for Gary Aidekman Family Foundation Inc (EIN: 203928499)
Verdict: Gary Aidekman Family Foundation Inc appears trustworthy
85/100Mission Score
$736KRevenue
$2.2MAssets
2Red Flags
4Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in all reported periods, leading to asset decline.
Lack of detailed expense breakdown in summary data makes it difficult to fully assess administrative vs. program spending.
Strengths
Consistent 0% officer compensation, indicating efficient use of funds and volunteer leadership.
Long history of IRS 990 filings (10 filings), demonstrating transparency.
Substantial asset base ($1.9 million in 2023) provides a strong financial foundation for grantmaking.
Clear focus on grantmaking as a private foundation.
Spending Breakdown
How Gary Aidekman Family Foundation Inc 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 Gary Aidekman Family Foundation Inc
Is Gary Aidekman Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gary Aidekman Family Foundation Inc (EIN: 203928499) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Gary Aidekman Family Foundation Inc a good charity to donate to?
Gary Aidekman Family Foundation Inc has a Mission Score of 85/100. Revenue: $736K. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gary Aidekman Family Foundation Inc?
The Employer Identification Number (EIN) for Gary Aidekman Family Foundation Inc is 203928499. 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 Gary Aidekman Family Foundation Inc spend its money?
Gary Aidekman Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gary Aidekman Family Foundation Inc's tax-exempt status?
You can verify Gary Aidekman Family Foundation Inc's tax-exempt status using EIN 203928499 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 Gary Aidekman Family Foundation Inc. operates as a private foundation, as indicated by its NTEE code T20 (Private Grantmaking Foundations). Its financial health appears stable with consistent assets around $2 million, though it has experienced a gradual decline in assets from $2,302,687 in 2011 to $1,906,222 in 2023. The foundation consistently spends more than its annual revenue, with expenses exceeding revenue in every reported period, for example, $163,161 in expenses against $160,120 in revenue in 2023. This suggests it is drawing down its endowment to fund its grantmaking activities.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not explicitly provided in the summary data. However, as a private foundation, its primary 'program' is grantmaking. The consistent lack of reported officer compensation (0% in all periods) suggests a lean operational structure, which is a positive indicator for efficiency.
Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting of zero officer compensation is a strong point for transparency regarding executive pay. However, without a more granular breakdown of expenses within the 990s, it's challenging to fully evaluate the proportion of funds directly supporting charitable causes versus overhead.