Is Olin Community & School Foundation Legit?

Quick charity verification for Olin Community & School Foundation (EIN: 204093927)

Verdict: Olin Community & School Foundation shows mixed signals

55/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Olin Community & School Foundation allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
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 Olin Community & School Foundation

Is Olin Community & School Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Olin Community & School Foundation (EIN: 204093927) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.

Is Olin Community & School Foundation a good charity to donate to?

Olin Community & School Foundation has a Mission Score of 55/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Olin Community & School Foundation?

The Employer Identification Number (EIN) for Olin Community & School Foundation is 204093927. 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 Olin Community & School Foundation spend its money?

Olin Community & School Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Olin Community & School Foundation's tax-exempt status?

You can verify Olin Community & School Foundation's tax-exempt status using EIN 204093927 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 Olin Community & School Foundation appears to be a very small, community-focused organization with minimal financial activity. Over the past five years, its revenue has been consistently low, often less than its expenses, indicating a reliance on existing assets or sporadic donations rather than consistent fundraising. For example, in 2013, revenue was $0 while expenses were $2,100. The organization's assets have also shown a declining trend, from $11,450 in 2010 to $4,279 in 2014, suggesting that it has been drawing down its reserves to cover operational costs. Given the lack of reported officer compensation across all filings, it's likely that the organization is run by volunteers, which helps keep administrative costs low. However, the consistent reporting of expenses exceeding revenue, such as $765 in revenue against $7,012 in expenses in 2014, raises questions about long-term sustainability if this trend continues without significant new funding. The latest filing shows $0 in both revenue and assets, which could indicate dormancy or a significant change in operations. Without more detailed breakdowns of expenses, it's difficult to fully assess spending efficiency, but the overall financial picture suggests a very lean operation, possibly struggling to maintain its activities. Transparency appears adequate for an organization of this size, with consistent 990 filings. However, the lack of detailed program spending information in the provided data makes it challenging to fully evaluate the impact of its expenditures. The declining asset base and minimal revenue are key areas for concern regarding its future viability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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