Is George W Verlander And Cornelia M Verlander Memorial Foundation Legit?

Quick charity verification for George W Verlander And Cornelia M Verlander Memorial Foundation (EIN: 200482028)

Verdict: George W Verlander And Cornelia M Verlander Memorial Foundation appears trustworthy

95/100Mission Score
$3.3MRevenue
$7.8MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How George W Verlander And Cornelia M Verlander Memorial Foundation 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 George W Verlander And Cornelia M Verlander Memorial Foundation

Is George W Verlander And Cornelia M Verlander Memorial Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, George W Verlander And Cornelia M Verlander Memorial Foundation (EIN: 200482028) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is George W Verlander And Cornelia M Verlander Memorial Foundation a good charity to donate to?

George W Verlander And Cornelia M Verlander Memorial Foundation has a Mission Score of 95/100. Revenue: $3.3M. Assets: $7.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for George W Verlander And Cornelia M Verlander Memorial Foundation?

The Employer Identification Number (EIN) for George W Verlander And Cornelia M Verlander Memorial Foundation is 200482028. 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 George W Verlander And Cornelia M Verlander Memorial Foundation spend its money?

George W Verlander And Cornelia M Verlander Memorial Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify George W Verlander And Cornelia M Verlander Memorial Foundation's tax-exempt status?

You can verify George W Verlander And Cornelia M Verlander Memorial Foundation's tax-exempt status using EIN 200482028 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 George W Verlander And Cornelia M Verlander Memorial Foundation demonstrates consistent financial activity, primarily as a grant-making organization. Its financial health appears stable, with assets consistently in the multi-million dollar range, reaching $7,700,104 in 2023. Revenue has fluctuated significantly over the years, from a low of $137,218 in 2020 to a high of $1,700,540 in 2011, indicating reliance on investment returns or varying donation levels. Expenses have remained relatively stable, generally in the $600,000-$700,000 range annually, suggesting predictable operational costs and grant disbursements. The foundation consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds and a commitment to its mission, as administrative costs are likely minimized. The foundation's liabilities are consistently low, typically around $5,100 or less, indicating a healthy balance sheet and minimal debt burden. The NTEE code B12 suggests it is a private grantmaking foundation, which typically has different spending profiles than public charities. Given the nature of a private foundation, the focus is on grant distribution rather than direct program delivery, and the absence of officer compensation points to a lean operational structure. The foundation's consistent asset base and low liabilities suggest long-term financial stability, enabling it to continue its grant-making activities effectively.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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