Is Joy Amisano Charitable Foundation Legit?…

Quick charity verification for Joy Amisano Charitable Foundation (EIN: 161679449)

Spending Breakdown

How Joy Amisano Charitable 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 Joy Amisano Charitable Foundation

Is Joy Amisano Charitable Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Joy Amisano Charitable Foundation (EIN: 161679449) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Joy Amisano Charitable Foundation a good charity to donate to?

Joy Amisano Charitable Foundation has a Mission Score of 95/100. Revenue: $426K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Joy Amisano Charitable Foundation?

The Employer Identification Number (EIN) for Joy Amisano Charitable Foundation is 161679449. 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 Joy Amisano Charitable Foundation spend its money?

Joy Amisano Charitable Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Joy Amisano Charitable Foundation's tax-exempt status?

You can verify Joy Amisano Charitable Foundation's tax-exempt status using EIN 161679449 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 Joy Amisano Charitable Foundation demonstrates consistent financial health with growing assets, reaching $2,018,181 in the latest period. The organization consistently maintains minimal liabilities, indicating strong financial management and low risk. Over the past five years, revenue has fluctuated, but generally outpaced expenses, allowing for asset growth. For instance, in 2023, revenue was $227,431 against expenses of $133,761, contributing to an increase in assets.

The foundation exhibits excellent spending efficiency, particularly in its program focus. Based on the nature of a charitable foundation (NTEE T21 - Private Grantmaking Foundations), a significant portion of its expenses would typically be grants to other organizations. With no reported officer compensation across all filings, administrative overhead appears to be very low, maximizing the impact of its funds. The consistent growth in assets, from $1,132,243 in 2011 to over $2 million currently, suggests effective stewardship of its endowment.

Transparency is strong, with a consistent filing history of 10 IRS Form 990s. The absence of officer compensation is a key indicator of efficient use of funds and a commitment to direct charitable activities. The foundation's financial statements consistently show a healthy balance sheet with substantial assets and negligible liabilities, reinforcing its stability and capacity to fulfill its charitable mission.

Is Joy Amisano Charitable Foundation Legit?

Verdict: Joy Amisano Charitable Foundation appears trustworthy

Strengths