Quick charity verification for Greater Waverly Foundation Inc (EIN: 113678686)
Verdict: Greater Waverly Foundation Inc appears trustworthy
85/100Mission Score
$326KRevenue
$219KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong financial health with a significant surplus ($269,300 revenue vs. $64,265 expenses).
Zero officer compensation, indicating efficient use of funds for mission-related activities.
Healthy asset base of $269,300 relative to liabilities of $67,765.
Good transparency with available IRS 990 filing.
Spending Breakdown
How Greater Waverly Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Greater Waverly Foundation Inc
Is Greater Waverly Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Waverly Foundation Inc (EIN: 113678686) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Greater Waverly Foundation Inc a good charity to donate to?
Greater Waverly Foundation Inc has a Mission Score of 85/100. Revenue: $326K. Assets: $219K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Waverly Foundation Inc?
The Employer Identification Number (EIN) for Greater Waverly Foundation Inc is 113678686. 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 Greater Waverly Foundation Inc spend its money?
Greater Waverly Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater Waverly Foundation Inc's tax-exempt status?
You can verify Greater Waverly Foundation Inc's tax-exempt status using EIN 113678686 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 Greater Waverly Foundation Inc. appears to be in a healthy financial position based on its latest filing. With revenue of $269,300 and expenses of $64,265 in the 202312 period, the organization generated a significant surplus, contributing to its reported assets of $269,300. This indicates strong financial management and an ability to build reserves. The organization also demonstrates good transparency with its available filing.
The low expense base relative to revenue suggests efficient operations, though a detailed breakdown of program, administrative, and fundraising expenses would provide a clearer picture of spending efficiency. The absence of officer compensation further indicates that resources are likely being directed towards the organization's mission rather than executive salaries. Overall, the foundation shows promising financial health and a commitment to its stated purpose.