Quick charity verification for Gene A Salmon Charitable Trust (EIN: 207135495)
Verdict: Gene A Salmon Charitable Trust appears trustworthy
85/100Mission Score
$5.3MRevenue
$8.5MAssets
2Red Flags
4Strengths
Red Flags
Consistent annual expenses exceeding revenue in multiple periods (e.g., 2023, 2022, 2020, 2019, 2015, 2011), which could lead to asset erosion if not offset by investment gains.
Lack of detailed expense breakdown in the provided data makes it difficult to precisely determine the program spending ratio versus administrative costs.
Strengths
Zero officer compensation reported across all filings, indicating highly efficient use of funds for charitable purposes.
Consistently low liabilities (often $0 or $1), demonstrating strong financial management and stability.
Substantial asset base (e.g., $8,473,193 latest assets) provides a strong foundation for sustained charitable giving.
Consistent filing of IRS Form 990s, indicating transparency and compliance.
Spending Breakdown
How Gene A Salmon Charitable Trust 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 Gene A Salmon Charitable Trust
Is Gene A Salmon Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Gene A Salmon Charitable Trust (EIN: 207135495) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Gene A Salmon Charitable Trust a good charity to donate to?
Gene A Salmon Charitable Trust has a Mission Score of 85/100. Revenue: $5.3M. Assets: $8.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gene A Salmon Charitable Trust?
The Employer Identification Number (EIN) for Gene A Salmon Charitable Trust is 207135495. 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 Gene A Salmon Charitable Trust spend its money?
Gene A Salmon Charitable Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gene A Salmon Charitable Trust's tax-exempt status?
You can verify Gene A Salmon Charitable Trust's tax-exempt status using EIN 207135495 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 Gene A Salmon Charitable Trust demonstrates consistent financial stability with substantial assets, averaging over $7 million in recent years, and minimal liabilities. As a charitable trust, its primary function is likely grant-making, which is reflected in its operational model. The trust consistently reports 0% officer compensation, indicating a volunteer or externally managed structure, which is a positive sign for donor confidence regarding administrative overhead. However, the trust has frequently reported expenses exceeding revenue in several periods, such as in 2023 ($739,884 expenses vs. $622,422 revenue) and 2022 ($702,396 expenses vs. $359,422 revenue), suggesting it relies on its asset base to cover distributions. This is typical for a trust distributing from an endowment, but consistent deficits could lead to asset erosion if not managed carefully against investment returns.
Given its nature as a charitable trust, the 'spending efficiency' would primarily relate to the proportion of its distributions that directly support its charitable purpose versus any administrative costs for managing the trust. Without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely assess the program spending ratio. However, the absence of officer compensation suggests low internal administrative costs. The consistent filing of IRS Form 990s demonstrates a commitment to transparency, providing public access to its financial activities and asset management.