Quick charity verification for Nash Family Foundation Inc (EIN: 136168559)
Verdict: Nash Family Foundation Inc shows mixed signals
65/100Mission Score
$25.5MRevenue
$13.2MAssets
4Red Flags
3Strengths
Red Flags
Consistent deficit spending, with expenses exceeding revenue in most years (e.g., 2023: $10.4M expenses vs. $6.5M revenue).
Significant decline in total assets over time, from $63.9M in 2011 to $9.0M in 2023, indicating asset depletion.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, making efficiency analysis difficult.
0% officer compensation for an organization with substantial expenses and assets, which is unusual and could imply uncompensated leadership or external management not reflected as officer pay.
Strengths
Extremely low liabilities across all periods (e.g., $1 in 2023), indicating strong debt management.
Significant asset base, even after decline, providing substantial resources for philanthropic activities.
Spending Breakdown
How Nash 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 Nash Family Foundation Inc
Is Nash Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nash Family Foundation Inc (EIN: 136168559) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
Is Nash Family Foundation Inc a good charity to donate to?
Nash Family Foundation Inc has a Mission Score of 65/100. Revenue: $25.5M. Assets: $13.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nash Family Foundation Inc?
The Employer Identification Number (EIN) for Nash Family Foundation Inc is 136168559. 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 Nash Family Foundation Inc spend its money?
Nash 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 Nash Family Foundation Inc's tax-exempt status?
You can verify Nash Family Foundation Inc's tax-exempt status using EIN 136168559 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 Nash Family Foundation Inc. exhibits fluctuating financial health, with revenues varying significantly year-to-year, from a low of $2,462,152 in 2020 to a high of $20,145,081 in 2021. Expenses have consistently outpaced revenue in most recent years, such as in 2023 where expenses were $10,408,247 against revenues of $6,589,779, leading to a decline in assets from $63,963,731 in 2011 to $9,002,907 in 2023. This trend suggests the foundation is spending down its endowment rather than operating on annual contributions.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent deficit spending indicates a reliance on existing assets. Transparency appears high regarding executive compensation, as officer compensation has been reported as 0% across all available filings, which is a positive indicator for donor confidence. The extremely low liabilities across all periods also suggest sound financial management in terms of debt.
Overall, while the foundation is transparent about executive pay and maintains minimal liabilities, its long-term financial sustainability based on current revenue and expense trends is a concern, as it appears to be drawing down its principal. A more detailed look at the allocation of its expenses would be necessary to fully evaluate its spending efficiency and program impact.