Is Gerald Abell Foundation Inc Legit? —…

Spending Breakdown

How Gerald Abell Foundation Inc allocates its funds across programs, administration, and fundraising.

60%

Program Spending

Below average — room for improvement

30%

Admin Costs

High — over 25% on administration

10%

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 Gerald Abell Foundation Inc

Is Gerald Abell Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Gerald Abell Foundation Inc (EIN: 134011765) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.

Is Gerald Abell Foundation Inc a good charity to donate to?

Gerald Abell Foundation Inc has a Mission Score of 45/100. Revenue: $32K. Assets: $32K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gerald Abell Foundation Inc?

The Employer Identification Number (EIN) for Gerald Abell Foundation Inc is 134011765. 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 Gerald Abell Foundation Inc spend its money?

Gerald Abell Foundation Inc allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gerald Abell Foundation Inc's tax-exempt status?

You can verify Gerald Abell Foundation Inc's tax-exempt status using EIN 134011765 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 Gerald Abell Foundation Inc. appears to be in a period of significant financial decline, as evidenced by its latest filing (201912) showing revenue of $9,480 against expenses of $51,013, resulting in a substantial deficit. This trend is not isolated, as the organization has consistently reported expenses exceeding revenue in recent years, leading to a sharp decrease in assets from a high of $306,438 in 2012 to $31,516 in 2019. The liabilities have also fluctuated, reaching $21,518 in 2019, which is a concern given the shrinking asset base.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the consistent operational deficits suggest that current revenue streams are insufficient to cover its expenditures. The absence of reported officer compensation across all filings indicates a potential reliance on volunteer leadership or that compensation falls below reporting thresholds, which can be a positive for donor confidence if program spending is robust.

In terms of transparency, the consistent filing of IRS Form 990s is a positive indicator. However, the financial health, particularly the sustained negative net income and declining asset base, raises questions about the long-term sustainability and impact of the foundation. Donors would benefit from more detailed financial statements to understand the nature of the expenses and the specific programs being funded.

Is Gerald Abell Foundation Inc Legit?

Verdict: Gerald Abell Foundation Inc shows mixed signals

Red Flags

Strengths