Quick charity verification for Georgia Wand Education Fund Inc (EIN: 203060988)
Verdict: Georgia Wand Education Fund Inc appears trustworthy
92/100Mission Score
$997KRevenue
$518KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth in recent years, with latest revenue at $996,753.
Zero reported officer compensation across all filings, indicating high efficiency.
Healthy asset growth, reaching $518,263, and low liabilities.
Consistent filing of IRS Form 990s, demonstrating transparency.
Positive net income in most recent periods, contributing to financial stability.
Spending Breakdown
How Georgia Wand Education Fund Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Georgia Wand Education Fund Inc
Is Georgia Wand Education Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Georgia Wand Education Fund Inc (EIN: 203060988) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Georgia Wand Education Fund Inc a good charity to donate to?
Georgia Wand Education Fund Inc has a Mission Score of 92/100. Revenue: $997K. Assets: $518K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Georgia Wand Education Fund Inc?
The Employer Identification Number (EIN) for Georgia Wand Education Fund Inc is 203060988. 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 Georgia Wand Education Fund Inc spend its money?
Georgia Wand Education Fund Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Georgia Wand Education Fund Inc's tax-exempt status?
You can verify Georgia Wand Education Fund Inc's tax-exempt status using EIN 203060988 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 Georgia Wand Education Fund Inc. demonstrates a generally healthy financial trajectory, with recent years showing consistent revenue growth and positive net assets. In 2022, the organization reported revenues of $621,583 against expenses of $555,664, resulting in a surplus that contributed to an increase in assets to $417,186. This trend of revenue exceeding expenses has been observed in most recent periods, indicating sound financial management and sustainability. The organization's liabilities have remained relatively low, further strengthening its financial position.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation.
Transparency is enhanced by the consistent filing of IRS Form 990s over 12 periods, providing a clear historical record of financial activity. The lack of reported officer compensation also contributes to a perception of transparency regarding how leadership is compensated. To further enhance transparency, a more granular breakdown of functional expenses (program, administrative, fundraising) would be beneficial for external analysis.