Is John O Ounjian Foundation Inc Legit? —…

Quick charity verification for John O Ounjian Foundation Inc (EIN: 113501028)

Spending Breakdown

How John O Ounjian Foundation Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 John O Ounjian Foundation Inc

Is John O Ounjian Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, John O Ounjian Foundation Inc (EIN: 113501028) appears trustworthy. Mission Score: 80/100. 3 red flags identified, 4 strengths noted.

Is John O Ounjian Foundation Inc a good charity to donate to?

John O Ounjian Foundation Inc has a Mission Score of 80/100. Revenue: $2.2M. Assets: $7.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for John O Ounjian Foundation Inc?

The Employer Identification Number (EIN) for John O Ounjian Foundation Inc is 113501028. 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 John O Ounjian Foundation Inc spend its money?

John O Ounjian Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify John O Ounjian Foundation Inc's tax-exempt status?

You can verify John O Ounjian Foundation Inc's tax-exempt status using EIN 113501028 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 John O Ounjian Foundation Inc appears to be a grant-making organization, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and the absence of reported program service expenses in the provided data, suggesting its primary activity is distributing grants rather than direct program operations. Its financial health shows significant fluctuations in revenue, with a peak of $4,067,309 in 2019 and a negative revenue of $-15,862 in 2020, followed by a substantial drop to $27,414 in 2023. Despite these revenue swings, the organization has maintained a healthy asset base, growing from $928,809 in 2011 to $6,717,735 in 2023, indicating strong financial reserves. The consistent reporting of $0 in officer compensation across all filings suggests a volunteer-led or minimally compensated leadership structure, which is a positive sign for donor confidence regarding administrative efficiency.

Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. However, the organization consistently reports very low liabilities ($0 or $1), indicating sound financial management and minimal debt. The lack of reported officer compensation is a significant strength in terms of administrative cost control. Given its nature as a grant-making foundation, its 'program spending' would primarily be grants paid, which are not explicitly detailed in the provided expense figures but are implied by its NTEE code. The organization's transparency is good in terms of filing its IRS 990s consistently, and the absence of officer compensation is clearly reported.

Overall, the foundation demonstrates strong asset growth and very low administrative overhead in terms of executive compensation. The volatility in revenue, particularly the low figures in recent years ($27,414 in 2023), warrants attention, especially when compared to expenses ($232,968 in 2023). This suggests the foundation is drawing from its substantial asset base to cover operational costs and grants, which is sustainable in the short term given its reserves but highlights a need for consistent funding streams if it aims to increase its grant-making capacity.

Is John O Ounjian Foundation Inc Legit?

Verdict: John O Ounjian Foundation Inc appears trustworthy

Red Flags

Strengths