Quick charity verification for Little Family Foundation Inc (EIN: 205705447)
Verdict: Little Family Foundation Inc appears trustworthy
90/100Mission Score
$4.2MRevenue
$18.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong and consistent asset growth, from $2.1M in 2011 to $17.4M in 2023.
Consistently low liabilities, often reported as $1, indicating excellent financial stability.
Zero reported officer compensation across all available filings, suggesting high efficiency in directing funds to mission.
Revenue consistently exceeds expenses in most recent years, contributing to healthy reserves.
Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Spending Breakdown
How Little Family Foundation Inc 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 Family Foundation Inc
Is Little Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Little Family Foundation Inc (EIN: 205705447) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Little Family Foundation Inc a good charity to donate to?
Little Family Foundation Inc has a Mission Score of 90/100. Revenue: $4.2M. Assets: $18.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Little Family Foundation Inc?
The Employer Identification Number (EIN) for Little Family Foundation Inc is 205705447. 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 Family Foundation Inc spend its money?
Little Family Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Little Family Foundation Inc's tax-exempt status?
You can verify Little Family Foundation Inc's tax-exempt status using EIN 205705447 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 Family Foundation Inc. demonstrates consistent financial growth and strong asset accumulation over the past decade, with assets growing from $2,147,409 in 2011 to $17,458,871 in 2023. The organization consistently reports minimal liabilities, often just $1, indicating a very healthy balance sheet and low financial risk. Their revenue has fluctuated but generally trended upwards, reaching $2,208,598 in 2023, significantly exceeding expenses of $1,293,311 for the same period.
While the provided data does not detail the breakdown of expenses into program, administrative, and fundraising categories, the overall financial health appears robust. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of efficiency and donor trust. However, without a detailed functional expense statement, it's challenging to fully assess spending efficiency in terms of program delivery versus overhead.
Given the consistent asset growth, low liabilities, and zero reported officer compensation, the foundation appears to be well-managed financially. To further enhance transparency, a detailed breakdown of program service accomplishments and associated expenses would be beneficial for external stakeholders.