Quick charity verification for Gollapalli Charitable Foundation (EIN: 205934357)
Verdict: Gollapalli Charitable Foundation appears trustworthy
75/100Mission Score
$153KRevenue
$641KAssets
2Red Flags
3Strengths
Red Flags
Significant revenue volatility, with a drop from $232,939 in 2022 to $13,483 in 2023, while expenses remained high.
Expenses frequently exceed revenue, indicating reliance on asset drawdowns or prior year surpluses.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for mission.
Consistent asset growth over the long term, from $280,347 in 2011 to $529,480 in 2023, providing financial stability.
Low liabilities consistently reported.
Spending Breakdown
How Gollapalli Charitable Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Gollapalli Charitable Foundation
Is Gollapalli Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Gollapalli Charitable Foundation (EIN: 205934357) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Gollapalli Charitable Foundation a good charity to donate to?
Gollapalli Charitable Foundation has a Mission Score of 75/100. Revenue: $153K. Assets: $641K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gollapalli Charitable Foundation?
The Employer Identification Number (EIN) for Gollapalli Charitable Foundation is 205934357. 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 Gollapalli Charitable Foundation spend its money?
Gollapalli Charitable Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gollapalli Charitable Foundation's tax-exempt status?
You can verify Gollapalli Charitable Foundation's tax-exempt status using EIN 205934357 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 Gollapalli Charitable Foundation exhibits fluctuating financial health, with revenues varying significantly year-to-year. For instance, revenue dropped from $232,939 in 2022 to $13,483 in 2023, while expenses remained relatively stable around $100,000. This indicates a reliance on prior year assets or inconsistent funding. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds for its mission rather than executive salaries. However, the consistent reporting of $1 in liabilities across multiple years (2012-2023) raises a minor flag regarding the precision of financial reporting, though it's likely a placeholder for minimal or no liabilities. The foundation's assets have grown over time, from $280,347 in 2011 to $529,480 in 2023, suggesting some financial stability despite revenue volatility. Given the NTEE code T22 (Private Grantmaking Foundations), the primary 'program' activity would be grantmaking, and without detailed expense breakdowns, it's challenging to fully assess spending efficiency beyond the lack of executive compensation.
Regarding spending efficiency, with zero officer compensation reported across all filings, the organization appears to be highly efficient in avoiding overhead related to executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency ratios is limited. The consistent expenses around $100,000 annually, even with low revenue years like 2023 ($13,483), suggest that the foundation is drawing from its asset base to cover operational costs or grant commitments. The organization's transparency is good in terms of officer compensation, but a more granular breakdown of expenses would enhance understanding of its operational efficiency and program focus.