Is Knapp Swezey Foundation Inc Legit? —…

Spending Breakdown

How Knapp Swezey Foundation Inc 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 Knapp Swezey Foundation Inc

Is Knapp Swezey Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Knapp Swezey Foundation Inc (EIN: 113038738) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Knapp Swezey Foundation Inc a good charity to donate to?

Knapp Swezey Foundation Inc has a Mission Score of 75/100. Revenue: $109.7M. Assets: $17.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Knapp Swezey Foundation Inc?

The Employer Identification Number (EIN) for Knapp Swezey Foundation Inc is 113038738. 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 Knapp Swezey Foundation Inc spend its money?

Knapp Swezey Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Knapp Swezey Foundation Inc's tax-exempt status?

You can verify Knapp Swezey Foundation Inc's tax-exempt status using EIN 113038738 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 Knapp Swezey Foundation Inc. exhibits a consistent pattern of operating at a deficit, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $3,033,329 against revenue of $211,367, and in 2022, expenses were $3,562,535 against revenue of $1,271,457. This trend suggests the organization is primarily a grant-making foundation distributing funds from its endowment, rather than an organization generating significant program service revenue. Its assets have also shown a declining trend over the past decade, from $37,104,392 in 2011 to $14,249,932 in 2023, indicating significant distributions or investment losses. The foundation reports 0% officer compensation across all available filings, which is a positive indicator for minimizing administrative overhead related to executive pay.

Given the nature of a grant-making foundation, the 'spending efficiency' is primarily measured by the proportion of grants made versus administrative costs. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely determine the program spending ratio. However, the consistent lack of officer compensation suggests a lean operational structure in that regard. The declining asset base, while potentially concerning for long-term sustainability if not managed, is typical for foundations actively distributing their corpus or experiencing market fluctuations. The transparency of reporting 0% officer compensation is commendable.

Is Knapp Swezey Foundation Inc Legit?

Verdict: Knapp Swezey Foundation Inc appears trustworthy

Red Flags

Strengths