Is Myra W & Jean Kent Angus Foundation Legit?

The Myra W & Jean Kent Angus Foundation demonstrates consistent financial stability with assets consistently around $3 million over the past decade, reaching $3,112,189 in the latest period. The organization's revenue has fluctuated, with the latest reported revenue at $782,409, significantly higher than previous years, which typically ranged from $118,146 to $265,374. This substantial increase in revenue for the latest period warrants further investigation to understand its source and sustainability. Spending efficiency appears to be a strength, as the foundation consistently reports zero officer compensation, indicating that administrative costs related to executive salaries are non-existent. While specific program spending percentages are not detailed in the provided data, the absence of executive compensation suggests a lean operational structure. The foundation's liabilities have remained minimal, often reported as $0 or $1, indicating strong financial management and low debt. Transparency is generally good given the consistent filing of IRS Form 990s. The lack of officer compensation is a positive indicator of resource allocation. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency is challenging. The significant jump in latest revenue compared to historical trends is a key area for further scrutiny to ensure it reflects sustainable and mission-aligned activities.