Quick charity verification for Genest Trust Fbo (EIN: 16082968)
Verdict: Genest Trust Fbo appears trustworthy
85/100Mission Score
$138KRevenue
$260KAssets
1Red Flags
4Strengths
Red Flags
Inconsistent revenue generation, with significant fluctuations (e.g., $37,550 in 2021 vs. $4,345 in 2022).
Strengths
Consistent asset growth over the long term, from $190,714 in 2011 to $233,086 in 2023.
Extremely low liabilities, often reported as just $1, indicating strong financial stability.
No officer compensation reported across all filings, suggesting efficient use of funds.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Genest Trust Fbo 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 Genest Trust Fbo
Is Genest Trust Fbo a legitimate charity?
Based on AI analysis of IRS 990 filings, Genest Trust Fbo (EIN: 16082968) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Genest Trust Fbo a good charity to donate to?
Genest Trust Fbo has a Mission Score of 85/100. Revenue: $138K. Assets: $260K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Genest Trust Fbo?
The Employer Identification Number (EIN) for Genest Trust Fbo is 16082968. 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 Genest Trust Fbo spend its money?
Genest Trust Fbo allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Genest Trust Fbo's tax-exempt status?
You can verify Genest Trust Fbo's tax-exempt status using EIN 16082968 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
Genest Trust Fbo appears to be a small, private foundation or trust, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and consistent low revenue and expenses. The organization demonstrates strong financial transparency by consistently filing its IRS Form 990. Its assets have shown a steady, albeit slow, growth over the past decade, increasing from $190,714 in 2011 to $233,086 in 2023. The organization consistently reports minimal liabilities, often just $1, which suggests a healthy balance sheet with very little debt. Given its nature as a trust, its spending efficiency would primarily be measured by its grantmaking activities, which are not detailed in the provided summary but are implied by its NTEE code. The absence of officer compensation further enhances its perceived efficiency and dedication to its stated purpose.