Is Jeffrey S And Helen H Cardon Foundation…

Quick charity verification for Jeffrey S And Helen H Cardon Foundation (EIN: 202029087)

Strengths

Consistently reported 0% officer compensation, indicating high efficiency and direct program focus.
Substantial and growing asset base, reaching $27,777,124 in 2023, providing long-term stability.
Extremely low liabilities (consistently $0 or $1), demonstrating excellent financial management.
As a private foundation, its structure inherently prioritizes grantmaking and direct charitable impact.
Strong historical asset growth from $7.2M in 2011 to $27.7M in 2023.

Spending Breakdown

How Jeffrey S And Helen H Cardon Foundation allocates its funds across programs, administration, and fundraising.

95%

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 Jeffrey S And Helen H Cardon Foundation

Is Jeffrey S And Helen H Cardon Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Jeffrey S And Helen H Cardon Foundation (EIN: 202029087) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Jeffrey S And Helen H Cardon Foundation a good charity to donate to?

Jeffrey S And Helen H Cardon Foundation has a Mission Score of 92/100. Revenue: $1.2M. Assets: $27.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jeffrey S And Helen H Cardon Foundation?

The Employer Identification Number (EIN) for Jeffrey S And Helen H Cardon Foundation is 202029087. 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 Jeffrey S And Helen H Cardon Foundation spend its money?

Jeffrey S And Helen H Cardon Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jeffrey S And Helen H Cardon Foundation's tax-exempt status?

You can verify Jeffrey S And Helen H Cardon Foundation's tax-exempt status using EIN 202029087 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 Jeffrey S And Helen H Cardon Foundation demonstrates strong financial health with substantial and growing assets, reaching $27,777,124 in 2023. As a private foundation, its primary function is grantmaking, which is reflected in its consistent program spending. The organization maintains extremely low liabilities, consistently reported as $1 or $0, indicating sound financial management and minimal debt. While revenue has fluctuated, with a notable dip to $264,626 in 2023 compared to $3,674,529 in 2021, the foundation's significant asset base provides stability for its ongoing philanthropic activities.

The foundation exhibits excellent spending efficiency, particularly in its administrative and fundraising costs. With 0% officer compensation reported across all available filings, and as a private foundation, it likely operates with minimal overhead, allowing a very high percentage of its expenditures to directly support its charitable mission through grants. This structure inherently promotes high program spending efficiency. The consistent reporting of 0% officer compensation also indicates a high degree of transparency regarding executive remuneration.

Overall, the Jeffrey S And Helen H Cardon Foundation appears to be a well-managed and transparent private foundation. Its substantial assets, minimal liabilities, and commitment to direct program spending, evidenced by the lack of officer compensation, suggest a strong focus on its mission. The detailed financial history provided through its 990 filings allows for clear oversight of its financial activities and growth.

Is Jeffrey S And Helen H Cardon Foundation Legit?

Verdict: Jeffrey S And Helen H Cardon Foundation appears trustworthy