Quick charity verification for Izant Family Foundation (EIN: 201916094)
Verdict: Izant Family Foundation shows mixed signals
65/100Mission Score
$68KRevenue
$264KAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in most periods, e.g., 202406 expenses $22,704 vs. revenue $11,254.
Declining asset base over time, from $351,969 in 2012 to $283,532 in 2024, indicating a draw-down of capital.
Strengths
Consistent 0% officer compensation, indicating no executive salaries are paid.
Consistent filing of IRS Form 990, demonstrating basic transparency and compliance.
Minimal liabilities ($1 across all filings), suggesting a healthy balance sheet free of significant debt.
Spending Breakdown
How Izant Family Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
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 Izant Family Foundation
Is Izant Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Izant Family Foundation (EIN: 201916094) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Izant Family Foundation a good charity to donate to?
Izant Family Foundation has a Mission Score of 65/100. Revenue: $68K. Assets: $264K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Izant Family Foundation?
The Employer Identification Number (EIN) for Izant Family Foundation is 201916094. 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 Izant Family Foundation spend its money?
Izant Family Foundation allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Izant Family Foundation's tax-exempt status?
You can verify Izant Family Foundation's tax-exempt status using EIN 201916094 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 Izant Family Foundation appears to be a small private foundation, as indicated by its NTEE code T20 (Private Grantmaking Foundations) and consistent low revenue figures. Its financial health shows a pattern of expenses frequently exceeding revenue, leading to a gradual decline in assets over the past decade, from $351,969 in 2012 to $283,532 in 2024. For example, in the latest period (202406), expenses were $22,704 against revenue of $11,254. This suggests the foundation is primarily drawing down its endowment to fund its activities rather than growing through new contributions.
Regarding spending efficiency, without detailed expense breakdowns from the 990 filings, it's challenging to precisely determine program, administrative, and fundraising ratios. However, the consistent reporting of 0% officer compensation across all filings indicates a lean operational structure, at least concerning executive pay. The foundation's primary function as a grantmaker means its 'program' spending would be the grants it issues. The consistent liabilities of $1 across all filings suggest minimal debt and a straightforward financial structure.
In terms of transparency, the foundation consistently files its IRS Form 990, which is a basic level of compliance. The absence of officer compensation is a positive indicator for a small foundation, suggesting resources are not being diverted to high salaries. However, a more detailed analysis of its grantmaking activities and administrative overhead would require access to the full 990 forms to assess its true impact and efficiency.