Minimal liabilities: Liabilities consistently reported as $0 or $1, indicating excellent financial management.
Positive revenue trend: Revenue has grown from $172,808 in 2011 to $318,952 in 2024.
Spending Breakdown
How H Clay And Wavie M Presnell 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 H Clay And Wavie M Presnell Foundation
Is H Clay And Wavie M Presnell Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, H Clay And Wavie M Presnell Foundation (EIN: 202007162) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is H Clay And Wavie M Presnell Foundation a good charity to donate to?
H Clay And Wavie M Presnell Foundation has a Mission Score of 95/100. Revenue: $319K. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for H Clay And Wavie M Presnell Foundation?
The Employer Identification Number (EIN) for H Clay And Wavie M Presnell Foundation is 202007162. 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 H Clay And Wavie M Presnell Foundation spend its money?
H Clay And Wavie M Presnell Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify H Clay And Wavie M Presnell Foundation's tax-exempt status?
You can verify H Clay And Wavie M Presnell Foundation's tax-exempt status using EIN 202007162 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 H Clay And Wavie M Presnell Foundation demonstrates consistent financial growth and strong asset management. Over the past decade, its assets have grown from $1,087,468 in 2011 to $2,684,369 in 2024, indicating effective stewardship of its endowment. Revenue has also shown a positive trend, reaching $318,952 in the latest period. The organization consistently spends less than its revenue, allowing for asset accumulation and long-term stability. For example, in 2024, expenses were $189,265 against $318,952 in revenue.
The foundation's spending efficiency appears robust, with no reported officer compensation across all filings, suggesting that administrative costs are likely kept low. This contributes to a higher proportion of funds potentially being directed towards its programmatic mission. The consistent reporting of minimal liabilities ($1 in recent years, $0 previously) further underscores a healthy financial position and responsible fiscal management. The absence of officer compensation also points to a high degree of transparency regarding executive pay.
Overall, the H Clay And Wavie M Presnell Foundation exhibits strong financial health, efficient spending practices, and a high level of transparency, particularly concerning executive compensation. Its consistent asset growth and prudent expense management position it well for sustained philanthropic impact.