Quick charity verification for Geico Educational Foundation (EIN: 203916404)
Verdict: Geico Educational Foundation shows mixed signals
40/100Mission Score
$17Revenue
$168KAssets
3Red Flags
3Strengths
Red Flags
Extremely low or zero reported expenses in most years, making program activity unclear.
Minimal revenue in most years, suggesting limited active fundraising or public support.
Lack of detailed program descriptions in filings, hindering assessment of mission impact.
Strengths
Consistent filing of IRS Form 990s, indicating compliance.
Zero officer compensation, demonstrating efficient use of funds by avoiding executive salary costs.
Stable asset base of $168,094 despite minimal revenue in many periods.
Spending Breakdown
How Geico Educational Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Geico Educational Foundation
Is Geico Educational Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Geico Educational Foundation (EIN: 203916404) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 3 strengths noted.
Is Geico Educational Foundation a good charity to donate to?
Geico Educational Foundation has a Mission Score of 40/100. Revenue: $17. Assets: $168K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Geico Educational Foundation?
The Employer Identification Number (EIN) for Geico Educational Foundation is 203916404. 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 Geico Educational Foundation spend its money?
Geico Educational Foundation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Geico Educational Foundation's tax-exempt status?
You can verify Geico Educational Foundation's tax-exempt status using EIN 203916404 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 Geico Educational Foundation exhibits a highly unusual financial profile. In its latest filing (202312), the organization reported only $17 in revenue and $0 in expenses, yet maintains assets of $168,094. This pattern of minimal revenue and expenses, often zero, is consistent across many of its filings, with notable exceptions in 2021 and 2020 where revenue reached approximately $75,000. The lack of significant operational expenses in most years, coupled with a relatively stable asset base, suggests that the foundation may primarily function as a holding entity or a pass-through for specific, infrequent grants rather than an actively operating charity with ongoing programs. The consistent reporting of $0 officer compensation across all filings indicates a volunteer-led or externally supported administrative structure, which contributes to low overhead.
Given the sporadic and often negligible financial activity, assessing spending efficiency in a traditional sense is challenging. When expenses are reported, such as $4,277 in 202212 against $16 revenue, it indicates a significant deficit for that period, though the overall asset base remains robust. The foundation's transparency is adequate in terms of filing its 990s, but the minimal financial details within many filings offer little insight into specific program activities or impact. The NTEE code B99 (Education, General) is broad, and without more detailed expense breakdowns or program descriptions, it's difficult to ascertain the specific educational initiatives supported.