Quick charity verification for Gordon & June Ito Foundation (EIN: 208408927)
Verdict: Gordon & June Ito Foundation appears trustworthy
75/100Mission Score
$6KRevenue
$5KAssets
1Red Flags
3Strengths
Red Flags
Expenses frequently exceed revenue, potentially drawing down assets without consistent replenishment.
Strengths
Consistently reports 0% officer compensation, indicating very low administrative overhead.
Maintains a consistent filing history with the IRS, demonstrating transparency.
Modest asset base for a small private foundation, providing some financial cushion.
Spending Breakdown
How Gordon & June Ito 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 Gordon & June Ito Foundation
Is Gordon & June Ito Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Gordon & June Ito Foundation (EIN: 208408927) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
Is Gordon & June Ito Foundation a good charity to donate to?
Gordon & June Ito Foundation has a Mission Score of 75/100. Revenue: $6K. Assets: $5K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gordon & June Ito Foundation?
The Employer Identification Number (EIN) for Gordon & June Ito Foundation is 208408927. 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 Gordon & June Ito Foundation spend its money?
Gordon & June Ito Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gordon & June Ito Foundation's tax-exempt status?
You can verify Gordon & June Ito Foundation's tax-exempt status using EIN 208408927 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 Gordon & June Ito Foundation appears to be a very small private foundation, as indicated by its NTEE code T20 and consistently low revenue and asset figures. In its latest filing (202012), the organization reported revenue of $5,504 and assets of $5,073, which are modest. A notable financial characteristic is the consistent reporting of zero officer compensation across all available filings, suggesting a volunteer-driven or very lean operational model. The foundation's expenses have often exceeded its revenue, such as in 202012 where expenses were $12,247 against $5,504 in revenue, leading to a decrease in net assets. This pattern of spending more than it takes in is common for foundations making grants, but it relies on drawing down existing assets or future contributions.
Given the limited financial data provided, specifically the absence of a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. However, the lack of officer compensation is a positive indicator for donor confidence regarding executive overhead. The foundation's transparency is generally good, as it consistently files its IRS Form 990, making its basic financial information publicly available. The small scale of operations suggests that most funds are likely directed towards its charitable purpose, although without detailed expense breakdowns, this remains an assumption.
Overall, the Gordon & June Ito Foundation operates on a very small scale with minimal overhead in terms of executive compensation. Its financial health is stable for a small foundation, maintaining a modest asset base despite periods where expenses outpace revenue. The primary area for improved transparency would be a more detailed breakdown of expenses to fully understand its spending efficiency.