Is North Star Philanthropic Private Foundation Inc Legit?
Quick charity verification for North Star Philanthropic Private Foundation Inc (EIN: 200719120)
Verdict: North Star Philanthropic Private Foundation Inc shows mixed signals
65/100Mission Score
$20KRevenue
$149KAssets
2Red Flags
3Strengths
Red Flags
Consistent decline in assets over the past decade, from $186,276 in 2011 to $145,526 in 2023, indicating expenses frequently outpace revenue.
Lack of detailed expense breakdown (program, admin, fundraising) in the summary data, limiting transparency on spending efficiency.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds in terms of executive salaries.
Very low liabilities ($1 consistently reported), suggesting strong financial stability and minimal debt burden.
Consistent filing history (10 filings), demonstrating adherence to IRS reporting requirements.
Spending Breakdown
How North Star Philanthropic Private Foundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
20%
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 North Star Philanthropic Private Foundation Inc
Is North Star Philanthropic Private Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Star Philanthropic Private Foundation Inc (EIN: 200719120) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is North Star Philanthropic Private Foundation Inc a good charity to donate to?
North Star Philanthropic Private Foundation Inc has a Mission Score of 65/100. Revenue: $20K. Assets: $149K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Star Philanthropic Private Foundation Inc?
The Employer Identification Number (EIN) for North Star Philanthropic Private Foundation Inc is 200719120. 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 North Star Philanthropic Private Foundation Inc spend its money?
North Star Philanthropic Private Foundation Inc allocates 75% to programs, 20% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Star Philanthropic Private Foundation Inc's tax-exempt status?
You can verify North Star Philanthropic Private Foundation Inc's tax-exempt status using EIN 200719120 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
North Star Philanthropic Private Foundation Inc appears to be a small private foundation with consistent, albeit modest, financial activity. Over the past decade, its revenue has fluctuated, with a recent high of $19,474 in 2022 and a low of $2,679 in 2023. Expenses have generally exceeded revenue in most years, leading to a gradual decline in assets from $186,276 in 2011 to $145,526 in 2023. This trend suggests that the foundation is spending down its principal or operating at a deficit, which is common for some private foundations. The organization consistently reports $1 in liabilities, indicating a very stable and low-risk financial structure in terms of debt.
The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing overhead in that specific area. The lack of detailed expense allocation is a transparency limitation. Given its status as a private foundation, its primary function is often grant-making, and the efficiency would be measured by the impact of those grants, which is not discernible from this data.
Overall, the foundation demonstrates basic financial stability with low liabilities and no executive compensation. However, the consistent decline in assets and the absence of detailed expense breakdowns limit a comprehensive assessment of its financial health and spending efficiency. Its transparency is adequate for a private foundation in terms of basic financial reporting, but more granular expense data would enhance understanding.