Is Osterman Community Foundation Legit? —…

Quick charity verification for Osterman Community Foundation (EIN: 202246985)

Spending Breakdown

How Osterman Community Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Osterman Community Foundation

Is Osterman Community Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Osterman Community Foundation (EIN: 202246985) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Osterman Community Foundation a good charity to donate to?

Osterman Community Foundation has a Mission Score of 95/100. Revenue: $292K. Assets: $491K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Osterman Community Foundation?

The Employer Identification Number (EIN) for Osterman Community Foundation is 202246985. 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 Osterman Community Foundation spend its money?

Osterman Community Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Osterman Community Foundation's tax-exempt status?

You can verify Osterman Community Foundation's tax-exempt status using EIN 202246985 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 Osterman Community Foundation demonstrates consistent financial growth and a strong commitment to its mission, as evidenced by its latest filings. In 2023, the organization reported revenues of $179,040 against expenses of $141,590, indicating a healthy operating surplus. Its assets have steadily grown, reaching $460,212 in 2023, up from $425,791 in 2022 and $417,652 in 2021, which suggests effective asset management and financial stability. The foundation's NTEE code T30 indicates it is a grantmaking foundation, and its consistent lack of officer compensation reported across all available filings is a significant positive indicator of efficiency and dedication to directing funds towards its charitable purpose rather than administrative overhead.

The organization's spending efficiency appears robust, particularly given the zero reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health, marked by increasing assets and consistent revenue generation, suggests a well-managed operation. The foundation's transparency is further bolstered by its consistent filing history, with 12 filings available, demonstrating a commitment to public accountability. The low liabilities reported in recent years (e.g., $2,106 in 2023) also point to sound financial practices and minimal debt burden.

Overall, the Osterman Community Foundation appears to be a financially healthy and responsibly managed organization. Its growth in assets, consistent revenue, and lack of executive compensation suggest that a high proportion of its resources are likely directed towards its charitable activities, aligning with best practices for grantmaking foundations. The long history of filings further enhances its credibility and transparency.

Is Osterman Community Foundation Legit?

Verdict: Osterman Community Foundation appears trustworthy

Red Flags

Strengths