Quick charity verification for Ilisagvik College Foundation (EIN: 201650054)
Verdict: Ilisagvik College Foundation appears trustworthy
95/100Mission Score
$4.3MRevenue
$12.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and significant asset growth, from $3.4M in 2013 to $11M in 2023.
Extremely low operating expenses relative to revenue and assets (e.g., $48,880 expenses vs. $663,360 revenue in 2023).
0% officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
No reported liabilities across all filings, demonstrating strong financial stability.
Strong focus on endowment building for long-term support of Ilisagvik College.
Spending Breakdown
How Ilisagvik College Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Ilisagvik College Foundation
Is Ilisagvik College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ilisagvik College Foundation (EIN: 201650054) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Ilisagvik College Foundation a good charity to donate to?
Ilisagvik College Foundation has a Mission Score of 95/100. Revenue: $4.3M. Assets: $12.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ilisagvik College Foundation?
The Employer Identification Number (EIN) for Ilisagvik College Foundation is 201650054. 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 Ilisagvik College Foundation spend its money?
Ilisagvik College Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ilisagvik College Foundation's tax-exempt status?
You can verify Ilisagvik College Foundation's tax-exempt status using EIN 201650054 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 Ilisagvik College Foundation demonstrates strong financial health and efficiency, primarily functioning as an endowment-building entity for Ilisagvik College. Over the past decade, the organization has consistently grown its assets, from $3.4 million in 2013 to over $11 million in 2023, while maintaining minimal expenses. This indicates a focus on long-term financial sustainability rather than immediate program spending.
The foundation's spending efficiency is exceptionally high, with expenses consistently representing a very small fraction of its revenue and assets. For instance, in 2023, expenses were only $48,880 against $663,360 in revenue, suggesting that the vast majority of funds are retained for endowment growth. The consistent reporting of 0% officer compensation across all filings further enhances its transparency and indicates a volunteer-driven or very low-overhead operational model, which is a significant strength for a nonprofit.