Quick charity verification for Ge Foundation (EIN: 222621967)
Verdict: Ge Foundation appears trustworthy
75/100Mission Score
$16.7MRevenue
$17.3MAssets
2Red Flags
3Strengths
Red Flags
Significant year-over-year revenue volatility, with a drop from $35.3M in 2022 to $16.7M in 2023, could impact future program stability.
The 'c0%' for compensation across all years might indicate a lack of direct compensation reporting within the foundation's filings, potentially obscuring the true cost of leadership.
Strengths
Consistently high percentage of expenses dedicated to programs (e.g., $5,981,110 out of $5,981,110 total expenses in 2023, indicating 100% program spending if 'x' represents total expenses and 'l' represents program expenses).
Maintains a healthy asset base relative to annual expenditures, providing financial resilience.
Long history of operations with consistent grantmaking activities.
Spending Breakdown
How Ge Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Ge Foundation
Is Ge Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ge Foundation (EIN: 222621967) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Ge Foundation a good charity to donate to?
Ge Foundation has a Mission Score of 75/100. Revenue: $16.7M. Assets: $17.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ge Foundation?
The Employer Identification Number (EIN) for Ge Foundation is 222621967. 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 Ge Foundation spend its money?
Ge Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ge Foundation's tax-exempt status?
You can verify Ge Foundation's tax-exempt status using EIN 222621967 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
Ge Foundation is a unknown nonprofit based in Norwalk, Connecticut, with reported revenue of $16.7M and assets of $17.3M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not explicitly detailed in the provided data, as the 'c0%' indicates no compensation reported for the listed years, suggesting it may be covered by GE corporate or not directly paid by the foundation. Revenue has declined -86% across 10 filing periods.