Quick charity verification for Grand Junction Symphony Foundation Inc (EIN: 203258849)
Verdict: Grand Junction Symphony Foundation Inc appears trustworthy
85/100Mission Score
$147KRevenue
$2.5MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program expense breakdown in filings
High asset accumulation relative to annual program spending, potentially indicating underutilization of funds for immediate mission impact
Strengths
Strong and consistent asset growth, from $779,402 in 2014 to $2,015,720 in 2023
Extremely low operating expenses relative to revenue, indicating high efficiency
0% officer compensation reported across all filings, suggesting volunteer leadership
Consistent financial reporting with 12 available IRS 990 filings
Healthy financial reserves with liabilities consistently low or zero
Spending Breakdown
How Grand Junction Symphony Foundation Inc 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 Grand Junction Symphony Foundation Inc
Is Grand Junction Symphony Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Junction Symphony Foundation Inc (EIN: 203258849) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Grand Junction Symphony Foundation Inc a good charity to donate to?
Grand Junction Symphony Foundation Inc has a Mission Score of 85/100. Revenue: $147K. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Grand Junction Symphony Foundation Inc?
The Employer Identification Number (EIN) for Grand Junction Symphony Foundation Inc is 203258849. 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 Grand Junction Symphony Foundation Inc spend its money?
Grand Junction Symphony Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Grand Junction Symphony Foundation Inc's tax-exempt status?
You can verify Grand Junction Symphony Foundation Inc's tax-exempt status using EIN 203258849 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 Grand Junction Symphony Foundation Inc demonstrates strong financial health, primarily characterized by consistent asset growth and a conservative spending approach. Over the past decade, the organization's assets have grown significantly from $779,402 in 2014 to $2,015,720 in 2023, indicating effective asset management and investment strategies. The foundation consistently reports very low expenses relative to its revenue, with expenses ranging from $22,316 in 2014 to $79,539 in 2023, even in years with higher revenue like $881,392 in 2021. This suggests a focus on endowment building and long-term sustainability rather than immediate program expenditure.
The organization's spending efficiency appears very high, as evidenced by the low expense ratios. For example, in 2023, expenses were only $79,539 against revenues of $191,657. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led or very lean administrative structure, further contributing to efficiency. However, the filings do not provide a detailed breakdown of program service expenses versus administrative or fundraising costs, which limits a deeper analysis of spending allocation. The foundation's transparency is good in terms of financial reporting, with 12 filings available, but the lack of detailed expense categorization is a minor limitation.