Is Michael D And Susan H Arnesonfamily Foundation Inc Legit?

Quick charity verification for Michael D And Susan H Arnesonfamily Foundation Inc (EIN: 203967352)

Verdict: Michael D And Susan H Arnesonfamily Foundation Inc appears trustworthy

92/100Mission Score
$2.4MRevenue
$2.9MAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

The Michael D And Susan H Arnesonfamily Foundation Inc demonstrates strong financial health and efficiency, primarily operating as a grant-making foundation. Over its filing history, the organization has consistently maintained low expenses relative to its revenue, as seen in 2020 where expenses were $180,039 against $710,720 in revenue, and in 2019 with $145,550 in expenses against $336,390 in revenue. This indicates a focus on accumulating assets for future grant distributions or a very lean operational model. The foundation's assets have shown consistent growth, reaching $2,945,201 in 2020, suggesting effective asset management and investment strategies. Transparency is high given the consistent filing of IRS 990s and the clear reporting of zero officer compensation, which is a positive indicator for a family foundation.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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