Is Jeff & Connie Woodman Foundation Legit?

Quick charity verification for Jeff & Connie Woodman Foundation (EIN: 208107346)

Verdict: Jeff & Connie Woodman Foundation appears trustworthy

90/100Mission Score
$856KRevenue
$2.6MAssets
2Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Jeff & Connie Woodman 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 Jeff & Connie Woodman Foundation

Is Jeff & Connie Woodman Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Jeff & Connie Woodman Foundation (EIN: 208107346) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.

Is Jeff & Connie Woodman Foundation a good charity to donate to?

Jeff & Connie Woodman Foundation has a Mission Score of 90/100. Revenue: $856K. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jeff & Connie Woodman Foundation?

The Employer Identification Number (EIN) for Jeff & Connie Woodman Foundation is 208107346. 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 Jeff & Connie Woodman Foundation spend its money?

Jeff & Connie Woodman Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jeff & Connie Woodman Foundation's tax-exempt status?

You can verify Jeff & Connie Woodman Foundation's tax-exempt status using EIN 208107346 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 Jeff & Connie Woodman Foundation demonstrates strong financial health with consistent asset growth, reaching $2,648,580 in its latest filing. The organization consistently maintains very low liabilities, often reported as $1, indicating sound financial management and minimal debt. Revenue has fluctuated significantly over the years, from a low of $2,829 in 2021 to a high of $1,505,114 in 2012, and $1,075,055 in 2022, suggesting reliance on investment returns or large, infrequent donations rather than a steady stream of operating revenue. However, the foundation consistently spends less than its revenue, allowing for asset accumulation. Spending efficiency appears high, as evidenced by the low expense ratios relative to revenue in most recent years. For example, in 2023, expenses were $171,866 against $601,359 in revenue. A key strength is the reported 0% officer compensation across all filings, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive for donor confidence. The NTEE code T22 suggests the foundation is involved in grantmaking, which typically involves distributing funds to other nonprofits rather than direct program delivery, influencing how 'program spending' is interpreted. Transparency is generally good, with a consistent filing history. The absence of officer compensation is a strong indicator of efficient use of funds. However, without a detailed breakdown of expenses (program, administrative, fundraising) within the provided data, a precise assessment of spending efficiency across these categories is limited. The foundation's consistent asset growth and minimal liabilities point to a well-managed and financially stable entity, primarily focused on accumulating and distributing funds.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages