Quick charity verification for James And Eloise Elmen Foundation (EIN: 205767706)
Verdict: James And Eloise Elmen Foundation appears trustworthy
85/100Mission Score
$2.5MRevenue
$10.7MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data
Periods where expenses exceeded revenue, though offset by asset growth
Strengths
Consistent asset growth from $6.2M to $10.6M over a decade
Zero officer compensation reported across all filings
Very low liabilities ($1 in most recent filings)
Consistent IRS 990 filing history demonstrating transparency
Strong financial stability with a substantial asset base
Spending Breakdown
How James And Eloise Elmen 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 Eloise Elmen Foundation
Is James And Eloise Elmen Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, James And Eloise Elmen Foundation (EIN: 205767706) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is James And Eloise Elmen Foundation a good charity to donate to?
James And Eloise Elmen Foundation has a Mission Score of 85/100. Revenue: $2.5M. Assets: $10.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for James And Eloise Elmen Foundation?
The Employer Identification Number (EIN) for James And Eloise Elmen Foundation is 205767706. 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 Eloise Elmen Foundation spend its money?
James And Eloise Elmen 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 Eloise Elmen Foundation's tax-exempt status?
You can verify James And Eloise Elmen Foundation's tax-exempt status using EIN 205767706 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 Eloise Elmen Foundation demonstrates consistent financial health with growing assets over the past decade, reaching $10,666,346 most recently. While the organization's revenue has fluctuated, it has generally maintained a strong asset base. The foundation consistently reports zero officer compensation, which is a positive indicator of efficient use of funds and a focus on its mission rather than executive enrichment. However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, making a precise assessment of spending efficiency challenging. The consistent reporting of minimal liabilities ($1 in most recent filings) suggests sound financial management and low debt risk.
Without a detailed expense breakdown, it's difficult to fully evaluate spending efficiency. However, the absence of officer compensation is a significant strength, indicating that all operational expenses are directed towards other areas. The foundation's consistent filing of IRS Form 990s over a decade demonstrates a commitment to transparency, providing public access to its financial activities. The growth in assets, despite periods where expenses exceeded revenue (e.g., 202312, 202212, 202112), suggests effective asset management and investment strategies supporting its long-term sustainability.
Overall, the foundation appears financially stable with a strong asset base and a clear commitment to avoiding executive compensation. Improved transparency regarding the functional allocation of expenses would further enhance its financial assessment, allowing for a more precise evaluation of its program efficiency and administrative overhead. The consistent growth in assets from $6,288,402 in 2011 to $10,666,346 currently indicates robust financial stewardship.