Quick charity verification for Normand A Ramsey Family Foundation (EIN: 202982227)
Verdict: Normand A Ramsey Family Foundation appears trustworthy
75/100Mission Score
$393KRevenue
$496KAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) in most years, leading to asset depletion.
Significant decline in assets over the long term (from $927,783 in 2011 to $501,336 in 2023).
Strengths
Zero executive compensation, ensuring funds are not diverted to salaries.
Very low liabilities, indicating strong financial management regarding debt.
Consistent filing history, demonstrating transparency and compliance.
Spending Breakdown
How Normand A Ramsey Family Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
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 Normand A Ramsey Family Foundation
Is Normand A Ramsey Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Normand A Ramsey Family Foundation (EIN: 202982227) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Normand A Ramsey Family Foundation a good charity to donate to?
Normand A Ramsey Family Foundation has a Mission Score of 75/100. Revenue: $393K. Assets: $496K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Normand A Ramsey Family Foundation?
The Employer Identification Number (EIN) for Normand A Ramsey Family Foundation is 202982227. 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 Normand A Ramsey Family Foundation spend its money?
Normand A Ramsey Family Foundation allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Normand A Ramsey Family Foundation's tax-exempt status?
You can verify Normand A Ramsey Family Foundation's tax-exempt status using EIN 202982227 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 Normand A Ramsey Family Foundation appears to be a small private foundation with a consistent pattern of expenses exceeding revenue in most recent years, leading to a gradual decline in assets. For example, in 2023, revenue was $10,509 while expenses were $34,384, resulting in a net loss. This trend is visible across multiple years, with significant revenue spikes in 2021 ($131,661) being an exception rather than the norm. The foundation maintains a very low liability profile, consistently reporting $1 or $0 in liabilities, which indicates sound financial management in terms of debt.
Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond what is typically available in summary 990 data for private foundations. However, the consistent operational deficit suggests that the foundation is drawing down its principal to cover expenses, which is common for foundations making grants. The absence of officer compensation (0% reported across all filings) is a positive indicator of efficiency and dedication of resources to the foundation's mission, rather than administrative overhead for executive salaries.
Transparency is generally good, given the public availability of 990 filings. The consistent reporting of assets and liabilities, along with the clear indication of no officer compensation, provides a straightforward view of the foundation's financial structure. The NTEE code T22 (Private Grantmaking Foundations) aligns with its operational profile. The foundation's small size and consistent financial reporting contribute to its overall transparency.