Quick charity verification for Iao School Renaissance Foundation (EIN: 208804183)
Verdict: Iao School Renaissance Foundation appears trustworthy
70/100Mission Score
$51KRevenue
$9KAssets
3Red Flags
3Strengths
Red Flags
Consistent decline in assets from $48,352 in 2014 to $16,034 in 2023.
Expenses ($31,755 in 2023) significantly exceeding revenue ($14,927 in 2023) in recent periods, indicating operating deficits.
Fluctuating and generally declining revenue trend over the past decade.
Strengths
0% officer compensation reported across all filings, indicating high efficiency and dedication.
No reported liabilities, suggesting a debt-free financial position.
Consistent filing of IRS 990 forms, demonstrating transparency.
Spending Breakdown
How Iao School Renaissance Foundation 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 Iao School Renaissance Foundation
Is Iao School Renaissance Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Iao School Renaissance Foundation (EIN: 208804183) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Iao School Renaissance Foundation a good charity to donate to?
Iao School Renaissance Foundation has a Mission Score of 70/100. Revenue: $51K. Assets: $9K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Iao School Renaissance Foundation?
The Employer Identification Number (EIN) for Iao School Renaissance Foundation is 208804183. 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 Iao School Renaissance Foundation spend its money?
Iao School Renaissance Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Iao School Renaissance Foundation's tax-exempt status?
You can verify Iao School Renaissance Foundation's tax-exempt status using EIN 208804183 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 Iao School Renaissance Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. Over the past decade, the organization has maintained a lean operational structure, with no reported officer compensation, which is a strong indicator of efficient resource allocation. However, the foundation has experienced a notable decline in assets, from a high of $48,352 in 2014 to $16,034 in 2023, and a recent trend of expenses exceeding revenue, such as in 2023 where expenses were $31,755 against revenues of $14,927. This trend suggests potential long-term sustainability challenges if not addressed.
While the organization's financial transparency is good due to its consistent 990 filings, the declining asset base and recurring deficits in recent years warrant closer examination. The foundation's ability to generate sufficient revenue to cover its program expenses has fluctuated, with several periods showing expenses outpacing income. For instance, in 2023, the organization spent more than double its revenue, drawing down its reserves. This pattern, if continued, could impact its future capacity to support its programs.
Overall, the Iao School Renaissance Foundation appears to be a dedicated organization with a strong focus on its mission, as indicated by its lack of executive compensation and consistent program expenditures. However, its financial health shows signs of strain due to declining assets and a recent pattern of operating deficits. Addressing revenue generation and expense management will be crucial for its long-term viability and continued impact.