Is Good Steward Foundation Of Morrisville Vermont Inc Legit?
Quick charity verification for Good Steward Foundation Of Morrisville Vermont Inc (EIN: 203580873)
Verdict: Good Steward Foundation Of Morrisville Vermont Inc appears trustworthy
70/100Mission Score
$152KRevenue
$6.4MAssets
3Red Flags
3Strengths
Red Flags
Highly volatile revenue, including negative figures, without clear explanation in provided data.
Lack of detailed expense breakdown to understand how minimal expenses are allocated.
Significant asset growth with consistently minimal expenses raises questions about active program deployment.
Strengths
Strong asset growth from $2.3M in 2014 to $6.4M currently, indicating financial stability.
Extremely low operational overhead with 0% officer compensation, suggesting efficient use of funds for non-executive costs.
Zero reported liabilities across all filings, indicating a very healthy balance sheet.
Spending Breakdown
How Good Steward Foundation Of Morrisville Vermont Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Good Steward Foundation Of Morrisville Vermont Inc
Is Good Steward Foundation Of Morrisville Vermont Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Steward Foundation Of Morrisville Vermont Inc (EIN: 203580873) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Good Steward Foundation Of Morrisville Vermont Inc a good charity to donate to?
Good Steward Foundation Of Morrisville Vermont Inc has a Mission Score of 70/100. Revenue: $152K. Assets: $6.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Good Steward Foundation Of Morrisville Vermont Inc?
The Employer Identification Number (EIN) for Good Steward Foundation Of Morrisville Vermont Inc is 203580873. 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 Good Steward Foundation Of Morrisville Vermont Inc spend its money?
Good Steward Foundation Of Morrisville Vermont Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Good Steward Foundation Of Morrisville Vermont Inc's tax-exempt status?
You can verify Good Steward Foundation Of Morrisville Vermont Inc's tax-exempt status using EIN 203580873 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 Good Steward Foundation Of Morrisville Vermont Inc exhibits a unique financial profile. While its assets have grown significantly from $2,325,273 in 2014 to $6,434,028 currently, its reported expenses are remarkably low, often less than 1% of its revenue in recent years (e.g., $1,112 in expenses against $128,766 revenue in 2023). This suggests that the organization primarily functions as a grant-making or asset-holding entity rather than directly operating programs with substantial overhead. The absence of reported officer compensation further supports a lean operational structure.
The organization's revenue has been highly volatile, with a significant spike to $2,691,205 in 2021 and negative revenues reported in 2018, 2019, and 2020. This volatility, coupled with minimal expenses, indicates that its financial activities might be heavily influenced by investment gains/losses or specific large contributions rather than consistent program service revenue. The lack of detailed expense breakdowns in the provided data makes it challenging to assess spending efficiency beyond the observation of very low overall expenses. Transparency regarding how its substantial assets are utilized to fulfill its mission would benefit from more detailed programmatic reporting.