Is Ibarra Foundation Legit?

Spending Breakdown

How Ibarra Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Ibarra Foundation

Is Ibarra Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Ibarra Foundation (EIN: 202075703) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.

Is Ibarra Foundation a good charity to donate to?

Ibarra Foundation has a Mission Score of 65/100. Revenue: $59K. Assets: $416. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ibarra Foundation?

The Employer Identification Number (EIN) for Ibarra Foundation is 202075703. 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 Ibarra Foundation spend its money?

Ibarra Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ibarra Foundation's tax-exempt status?

You can verify Ibarra Foundation's tax-exempt status using EIN 202075703 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 Ibarra Foundation demonstrates a consistent operational pattern of spending near or slightly above its revenue, as seen in the 202406 period where expenses were $33,395 against revenues of $33,141, and in 202306 with expenses of $33,350 against $35,007 in revenue. This indicates a tight financial margin, and in some years, a deficit spending approach, such as in 202206 where expenses of $46,000 significantly outstripped $22,001 in revenue. The organization's assets have remained very low, peaking at $21,065 in 201406 but currently standing at only $416, suggesting minimal reserves or capital accumulation. The consistent reporting of $1 in liabilities across most recent filings, and $0 in earlier ones, points to a very lean operational structure with virtually no debt.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent zero officer compensation across all filings suggests that leadership is either volunteer-based or compensated through other means not reported as officer compensation, which can be a positive indicator of resource allocation towards mission. The NTEE code B82 (Foundations & Fund-Raising Organizations) suggests its primary activity might be grant-making or supporting other nonprofits, which would influence how its 'program' spending is defined. The low asset base and fluctuating revenue streams, however, indicate a lack of financial stability and growth over the long term.

Transparency appears adequate given the available data, with consistent filings. However, the lack of detailed expense breakdowns in the provided summary limits a deeper analysis of how funds are specifically allocated. The organization's small scale and consistent operational deficits in several years (e.g., 202206, 202006, 201506) raise questions about its long-term sustainability and impact, despite the apparent lack of executive compensation.

Verdict: Ibarra Foundation shows mixed signals

Red Flags

Strengths