Quick charity verification for Kenneth W Scott Foundation (EIN: 205532477)
Verdict: Kenneth W Scott Foundation appears trustworthy
95/100Mission Score
$738KRevenue
$10.5MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, making full efficiency assessment difficult.
Significant fluctuation in annual revenue, from $2.2M in 2021 to $810K in 2023, warrants further investigation into funding stability.
Strengths
Strong asset growth, from $2.4 million in 2011 to over $10 million in 2023, indicating financial stability.
Consistent reporting of 0% officer compensation, suggesting a high dedication of resources to mission.
Low liabilities relative to assets, indicating a healthy balance sheet.
Consistent IRS 990 filing history over a decade, demonstrating transparency.
Spending Breakdown
How Kenneth W Scott 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 Kenneth W Scott Foundation
Is Kenneth W Scott Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kenneth W Scott Foundation (EIN: 205532477) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
Is Kenneth W Scott Foundation a good charity to donate to?
Kenneth W Scott Foundation has a Mission Score of 95/100. Revenue: $738K. Assets: $10.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kenneth W Scott Foundation?
The Employer Identification Number (EIN) for Kenneth W Scott Foundation is 205532477. 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 Kenneth W Scott Foundation spend its money?
Kenneth W Scott Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kenneth W Scott Foundation's tax-exempt status?
You can verify Kenneth W Scott Foundation's tax-exempt status using EIN 205532477 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 Kenneth W Scott Foundation demonstrates strong financial health with consistently growing assets, reaching over $10.5 million. The organization has shown a positive trend in revenue over the past decade, though there has been some fluctuation in recent years, with revenue decreasing from $2.2 million in 2021 to $810,322 in 2023. Expenses have also increased over time, from $137,739 in 2011 to $774,746 in 2023, indicating an expansion of activities. The foundation's liabilities remain relatively low compared to its assets, suggesting a stable financial position.
The foundation appears to be highly efficient in its spending, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This indicates that a very high proportion of its expenses are likely directed towards its programmatic mission rather than administrative overhead or executive salaries. The significant growth in assets over the years, from $2.4 million in 2011 to over $10 million, further supports its financial stability and capacity to sustain its operations.
Regarding transparency, the consistent filing of IRS Form 990s over a decade provides a good record of its financial activities. The absence of officer compensation is a notable positive indicator for donor confidence, suggesting that the organization is focused on its charitable purpose. However, without a detailed breakdown of expenses (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency beyond executive compensation is limited.