Quick charity verification for James And Chantal Sheridan Foundation (EIN: 133933347)
Verdict: James And Chantal Sheridan Foundation appears trustworthy
85/100Mission Score
$766KRevenue
$9.1MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
Strengths
Consistent asset growth, reaching $9,104,466 in the latest period.
Zero officer compensation reported across all filings, indicating very low executive overhead.
Positive revenue-to-expense ratio in most recent periods, demonstrating financial stability.
Strong financial health with low liabilities reported in most periods.
Consistent IRS 990 filing history, indicating good transparency.
Spending Breakdown
How James And Chantal Sheridan Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 James And Chantal Sheridan Foundation
Is James And Chantal Sheridan Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, James And Chantal Sheridan Foundation (EIN: 133933347) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is James And Chantal Sheridan Foundation a good charity to donate to?
James And Chantal Sheridan Foundation has a Mission Score of 85/100. Revenue: $766K. Assets: $9.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for James And Chantal Sheridan Foundation?
The Employer Identification Number (EIN) for James And Chantal Sheridan Foundation is 133933347. 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 James And Chantal Sheridan Foundation spend its money?
James And Chantal Sheridan Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify James And Chantal Sheridan Foundation's tax-exempt status?
You can verify James And Chantal Sheridan Foundation's tax-exempt status using EIN 133933347 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 James And Chantal Sheridan Foundation demonstrates consistent financial stability with growing assets, reaching $9,104,466 in its latest filing. The organization has shown a positive trend in revenue over recent years, with the latest reported revenue at $766,338, and expenses generally well below revenue, indicating sound financial management. For instance, in the 202302 period, revenue was $536,152 against expenses of $357,175, resulting in a surplus. This pattern suggests the foundation is effectively managing its resources and building its endowment.
Regarding spending efficiency, the provided data indicates that the organization has consistently reported 0% officer compensation across all filings, which is a strong indicator of low administrative overhead, at least concerning executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the raw data, the absence of officer compensation suggests a lean operational structure. The foundation's NTEE code T20Z (Philanthropy, Voluntarism, and Grantmaking Foundations) implies its primary activity is grantmaking, which typically involves lower direct program delivery costs compared to service-providing charities.
Transparency appears to be good, with 10 filings available, demonstrating a consistent reporting history to the IRS. The consistent growth in assets and the positive revenue-to-expense ratio across most recent periods suggest a well-managed and financially healthy organization. The lack of liabilities in many periods further reinforces its strong financial position. However, without a detailed functional expense breakdown, it's challenging to fully assess the efficiency of program spending versus other operational costs.