Quick charity verification for Little Bit Foundation (EIN: 200126713)
Verdict: Little Bit Foundation appears trustworthy
92/100Mission Score
$5.9MRevenue
$9.5MAssets
1Red Flags
5Strengths
Red Flags
Operating deficit in the most recent fiscal period (202306), where expenses ($4,283,513) exceeded revenue ($3,536,475).
Strengths
Consistent growth in revenue and assets over a decade, indicating strong financial health and sustainability.
Zero officer compensation reported across all 13 filings, demonstrating exceptional transparency and dedication to mission.
Relatively low liabilities compared to assets, suggesting sound financial management.
Significant asset growth from $682,533 in 2014 to $9,785,217 in 2023, enhancing long-term stability.
Strong program focus implied by the absence of executive compensation, allowing more funds for direct services.
Spending Breakdown
How Little Bit Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Little Bit Foundation
Is Little Bit Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Little Bit Foundation (EIN: 200126713) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Little Bit Foundation a good charity to donate to?
Little Bit Foundation has a Mission Score of 92/100. Revenue: $5.9M. Assets: $9.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Little Bit Foundation?
The Employer Identification Number (EIN) for Little Bit Foundation is 200126713. 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 Little Bit Foundation spend its money?
Little Bit Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Little Bit Foundation's tax-exempt status?
You can verify Little Bit Foundation's tax-exempt status using EIN 200126713 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 Little Bit Foundation demonstrates a generally healthy financial position with consistent revenue generation over the past decade, culminating in latest reported revenue of $5,866,653 and assets of $9,451,235. While the organization experienced a deficit in the 202306 period, with expenses ($4,283,513) exceeding revenue ($3,536,475), this appears to be an anomaly rather than a trend, as previous years showed healthy surpluses. The organization's assets have grown significantly over time, from $682,533 in 2014 to over $9 million currently, indicating strong financial management and capacity building. Liabilities have remained relatively low compared to assets, suggesting good fiscal control.
Spending efficiency appears strong, particularly given the consistent growth in program delivery implied by increasing expenses over the years. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards the mission. This practice minimizes administrative overhead related to executive pay, allowing a greater proportion of funds to be allocated to programs. The organization's consistent growth in revenue and assets over a decade further underscores its operational effectiveness and donor confidence.
Overall, The Little Bit Foundation exhibits strong financial health, efficient spending practices, and a high degree of transparency, particularly concerning executive compensation. The recent deficit warrants monitoring but does not overshadow a decade of robust financial performance and growth. Their ability to scale operations and assets while maintaining low liabilities and zero officer compensation is commendable.