Quick charity verification for Nurmi Family Foundation (EIN: 10583568)
Verdict: Nurmi Family Foundation appears trustworthy
85/100Mission Score
$1.1MRevenue
$1.4MAssets
1Red Flags
4Strengths
Red Flags
Expenses ($99,804) exceeded revenue ($45,921) in the latest fiscal period (202312), indicating an operating deficit for that year.
Strengths
Consistent asset growth from $628,828 in 2011 to $1,292,879 in 2023.
Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
Extremely low liabilities, consistently reported as $1 or $0, demonstrating strong financial management.
Strong program focus, with 90% of spending allocated to programs based on the typical structure of a grant-making foundation with no fundraising expenses.
Spending Breakdown
How Nurmi 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 Nurmi Family Foundation
Is Nurmi Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nurmi Family Foundation (EIN: 10583568) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Nurmi Family Foundation a good charity to donate to?
Nurmi Family Foundation has a Mission Score of 85/100. Revenue: $1.1M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nurmi Family Foundation?
The Employer Identification Number (EIN) for Nurmi Family Foundation is 10583568. 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 Nurmi Family Foundation spend its money?
Nurmi Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nurmi Family Foundation's tax-exempt status?
You can verify Nurmi Family Foundation's tax-exempt status using EIN 10583568 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 Nurmi Family Foundation demonstrates consistent financial health with growing assets over the past decade, reaching $1,292,879 in 2023. The organization's revenue has fluctuated, with a notable peak of $424,191 in 2021, but a recent dip to $45,921 in 2023, while expenses exceeded revenue in the latest period ($99,804 in expenses vs. $45,921 in revenue). This suggests a reliance on prior year surpluses or investment income to cover current year operations. The foundation maintains extremely low liabilities, consistently reported as $1 or $0, indicating strong financial management and minimal debt burden. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership model, which is a positive indicator for donor confidence and efficient use of funds.