Is Kate Obstgarten Private Foundation…

Quick charity verification for Kate Obstgarten Private Foundation (EIN: 201567943)

Spending Breakdown

How Kate Obstgarten Private 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

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 Kate Obstgarten Private Foundation

Is Kate Obstgarten Private Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Kate Obstgarten Private Foundation (EIN: 201567943) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Kate Obstgarten Private Foundation a good charity to donate to?

Kate Obstgarten Private Foundation has a Mission Score of 75/100. Revenue: $1.0M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kate Obstgarten Private Foundation?

The Employer Identification Number (EIN) for Kate Obstgarten Private Foundation is 201567943. 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 Kate Obstgarten Private Foundation spend its money?

Kate Obstgarten Private Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kate Obstgarten Private Foundation's tax-exempt status?

You can verify Kate Obstgarten Private Foundation's tax-exempt status using EIN 201567943 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 Kate Obstgarten Private Foundation operates as a grant-making private foundation, as indicated by its NTEE code T20. Its financial health appears stable with consistent assets, though it has experienced a decline in assets from $2,129,412 in 2014 to $1,715,612 in 2023. The organization consistently spends more than its annual revenue, with expenses exceeding revenue in every reported period. For example, in 2023, revenue was $84,572 while expenses were $125,336. This trend of deficit spending, while common for foundations distributing grants, suggests a reliance on existing assets rather than generating sufficient new revenue to cover distributions.

Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, as a private foundation, its primary 'program' is grant-making. The consistent liabilities of $1 across most years suggest minimal operational debt. Transparency is generally good given the availability of 990 filings, and the absence of officer compensation indicates that the foundation's leadership is likely unpaid, which can be a positive sign for donor confidence.

Overall, the foundation appears to be fulfilling its grant-making purpose by distributing funds, but its long-term financial strategy might warrant closer examination given the consistent asset decline and deficit spending. The latest revenue of $1,034,044 is significantly higher than previous years' revenues, which could indicate a large one-time contribution or a change in reporting, but this is not reflected in the 2023 period revenue of $84,572. This discrepancy between 'Latest Revenue' and 'Period 202308 Revenue' needs clarification for a complete financial picture.

Is Kate Obstgarten Private Foundation Legit?

Verdict: Kate Obstgarten Private Foundation appears trustworthy

Red Flags

Strengths