Quick charity verification for Ikebana Iwaya Fund (EIN: 20748378)
Verdict: Ikebana Iwaya Fund appears trustworthy
92/100Mission Score
$74KRevenue
$427KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown in provided data (assumed high program spending based on overall low expenses and 0% officer comp)
Strengths
Strong program spending (implied by low overall expenses and 0% officer compensation)
Excellent financial health with growing assets and no liabilities
High spending efficiency (e.g., 2023 expenses were only $23,881 against $87,132 revenue)
Exceptional transparency with 0% officer compensation reported consistently
Consistent financial surpluses contributing to asset growth
Spending Breakdown
How Ikebana Iwaya Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Ikebana Iwaya Fund
Is Ikebana Iwaya Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Ikebana Iwaya Fund (EIN: 20748378) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Ikebana Iwaya Fund a good charity to donate to?
Ikebana Iwaya Fund has a Mission Score of 92/100. Revenue: $74K. Assets: $427K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ikebana Iwaya Fund?
The Employer Identification Number (EIN) for Ikebana Iwaya Fund is 20748378. 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 Ikebana Iwaya Fund spend its money?
Ikebana Iwaya Fund allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ikebana Iwaya Fund's tax-exempt status?
You can verify Ikebana Iwaya Fund's tax-exempt status using EIN 20748378 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 Ikebana Iwaya Fund demonstrates strong financial health and efficiency, particularly in its program spending. Over the past decade, the organization has consistently maintained a healthy asset base, growing from $32,622 in 2014 to $346,000 in 2023, with no reported liabilities, indicating sound financial management. Its revenue has fluctuated but generally trended upwards, reaching $87,132 in 2023, while expenses have remained relatively low compared to revenue, suggesting efficient operations.
The fund's spending efficiency is notable, with a significant portion of its expenses directed towards its mission. For instance, in 2023, with $87,132 in revenue and $23,881 in expenses, the organization maintained a substantial surplus, which contributes to its growing assets. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards programs rather than administrative overhead, enhancing its transparency and public trust. This operational model suggests a lean organization focused on its programmatic goals.