Is Navco Foundation Inc Legit?

Spending Breakdown

How Navco Foundation Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Navco Foundation Inc

Is Navco Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Navco Foundation Inc (EIN: 202058357) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.

Is Navco Foundation Inc a good charity to donate to?

Navco Foundation Inc has a Mission Score of 45/100. Revenue: $197K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Navco Foundation Inc?

The Employer Identification Number (EIN) for Navco Foundation Inc is 202058357. 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 Navco Foundation Inc spend its money?

Navco Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Navco Foundation Inc's tax-exempt status?

You can verify Navco Foundation Inc's tax-exempt status using EIN 202058357 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

Navco Foundation Inc. exhibits a concerning trend of consistent operating deficits, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $136,526 against revenues of $65,197, and similar patterns are observed in prior years. This suggests the organization is drawing down its assets to cover operational costs, as evidenced by the decline in assets from $1,560,083 in 2015 to $1,131,311 in 2023. While the organization reports 0% officer compensation, which is a positive for donor confidence in executive pay, the overall financial sustainability is questionable given the persistent revenue shortfalls.

The organization's financial health appears to be in decline, with a significant drop in assets over the past decade. The substantial revenue spike in 2012 ($1,064,548) stands out as an anomaly compared to typical annual revenues, which generally range from $29,152 to $74,332. Without further context on this large influx, it's difficult to assess its impact on long-term stability. The consistent operating losses raise questions about the long-term viability and the effectiveness of fundraising efforts to cover ongoing expenses.

Transparency is generally good, with consistent 990 filings. However, the lack of detailed expense breakdowns in the provided data makes it challenging to fully assess spending efficiency across programs, administration, and fundraising. The absence of officer compensation is a strong point for transparency regarding executive pay, but the overall financial trajectory warrants closer scrutiny for potential donors.

Verdict: Navco Foundation Inc shows mixed signals

Red Flags

Strengths