Quick charity verification for New World Foundation (EIN: 131919791)
Verdict: New World Foundation appears trustworthy
75/100Mission Score
$84.4MRevenue
$122.0MAssets
3Red Flags
3Strengths
Red Flags
Consistent deficit spending in recent fiscal periods (e.g., 202309 expenses $24.6M vs. revenue $20.3M)
Significant fluctuations in revenue year-over-year, making financial planning appear volatile (e.g., $6.9M in 201609 vs. $68.8M in 201709)
Unusually high asset base relative to recent annual expenses, which could indicate under-spending on programs or significant endowment growth.
Strengths
Zero reported officer compensation across all filings, indicating strong transparency in executive pay.
Substantial asset base of $122,021,495 provides significant financial stability and capacity for future operations.
Long history of IRS 990 filings (13 filings), demonstrating consistent compliance and public disclosure.
Spending Breakdown
How New World Foundation 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 New World Foundation
Is New World Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, New World Foundation (EIN: 131919791) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is New World Foundation a good charity to donate to?
New World Foundation has a Mission Score of 75/100. Revenue: $84.4M. Assets: $122.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New World Foundation?
The Employer Identification Number (EIN) for New World Foundation is 131919791. 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 New World Foundation spend its money?
New World Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New World Foundation's tax-exempt status?
You can verify New World Foundation's tax-exempt status using EIN 131919791 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 New World Foundation demonstrates a fluctuating financial landscape over the past decade. While the organization reported a latest revenue of $84,385,444 and assets of $122,021,495, its recent filings show a trend of expenses exceeding revenue. For instance, in 202309, expenses were $24,684,927 against revenues of $20,326,734, and in 202209, expenses were $16,130,873 against revenues of $12,484,284. This consistent deficit spending in recent years, while not immediately critical given its substantial asset base, warrants closer monitoring to ensure long-term sustainability. The foundation's NTEE code T310 suggests a focus on grantmaking, and the absence of reported officer compensation across all filings indicates a high degree of transparency regarding executive pay, which is a positive sign for donors. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging.