Strong program focus, typical of a private grantmaking foundation, with a high percentage of spending directed to charitable activities.
Spending Breakdown
How Nerney Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Nerney Family Foundation
Is Nerney Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nerney Family Foundation (EIN: 204976135) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Nerney Family Foundation a good charity to donate to?
Nerney Family Foundation has a Mission Score of 95/100. Revenue: $3.2M. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nerney Family Foundation?
The Employer Identification Number (EIN) for Nerney Family Foundation is 204976135. 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 Nerney Family Foundation spend its money?
Nerney Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nerney Family Foundation's tax-exempt status?
You can verify Nerney Family Foundation's tax-exempt status using EIN 204976135 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 Nerney Family Foundation demonstrates consistent financial growth and strong program focus, typical of a private foundation. Over the past five years, its revenue has steadily increased from $1,628,474 in 2019 to $1,677,995 in 2023, with a notable jump in reported 'Latest Revenue' to $3,185,490, suggesting significant recent contributions. Expenses have generally remained below revenue in recent years, allowing for asset growth from $1,073,914 in 2019 to $2,117,719 in 2023. The foundation's NTEE code T20 indicates it is a private grantmaking foundation, which typically means its primary activity is distributing grants to other organizations rather than direct program services. This structure often results in lower administrative overhead compared to direct service charities.
The foundation's financial health appears robust, with assets consistently growing and exceeding liabilities. The absence of officer compensation reported across all filings is a significant positive indicator of efficiency and dedication to mission, as it means no salaries are being paid to executives from the foundation's funds. This practice maximizes the funds available for grantmaking. The consistent reporting of minimal liabilities ($1 in recent years) also points to sound financial management. Given its nature as a private foundation, its transparency is primarily through its 990 filings, which are publicly available and consistently filed.