Is Indian River Community Foundation Legit?…

Quick charity verification for Indian River Community Foundation (EIN: 201729243)

Spending Breakdown

How Indian River Community Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Indian River Community Foundation

Is Indian River Community Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Indian River Community Foundation (EIN: 201729243) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.

Is Indian River Community Foundation a good charity to donate to?

Indian River Community Foundation has a Mission Score of 95/100. Revenue: $33.6M. Assets: $94.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Indian River Community Foundation?

The Employer Identification Number (EIN) for Indian River Community Foundation is 201729243. 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 Indian River Community Foundation spend its money?

Indian River Community Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Indian River Community Foundation's tax-exempt status?

You can verify Indian River Community Foundation's tax-exempt status using EIN 201729243 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 Indian River Community Foundation demonstrates strong financial health, with assets consistently growing over the past decade, reaching $93,996,305 in the latest filing. While revenue has fluctuated, the organization has maintained a robust asset base, indicating effective long-term financial management. The foundation's NTEE code T31 (Community Foundations) suggests its primary function is to manage and distribute funds to other nonprofits, which aligns with its operational model.

Spending efficiency appears to be a core strength, as evidenced by the consistent growth in assets relative to expenses. For instance, in 202306, expenses were $19,143,625 against assets of $78,436,639, and in 202206, expenses were $12,526,164 against assets of $78,791,488. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries. This practice is highly commendable for a nonprofit of its size.

Overall, the Indian River Community Foundation exhibits a high degree of financial stability and operational efficiency. The consistent growth in assets, coupled with zero reported officer compensation, points to a well-managed organization focused on its philanthropic objectives. Its transparency in financial reporting, particularly regarding executive compensation, is exemplary.

Is Indian River Community Foundation Legit?

Verdict: Indian River Community Foundation appears trustworthy

Strengths