Quick charity verification for Owings Family Foundation (EIN: 200390789)
Verdict: Owings Family Foundation appears trustworthy
90/100Mission Score
$158KRevenue
$1.3MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in provided data
Unusually low liabilities (often $1) could indicate simplified reporting or specific operational structure
Strengths
Consistent zero officer compensation across all filings
Strong and stable asset base, consistently over $1.2 million
Negligible liabilities, indicating strong financial health
Long history of IRS 990 filings demonstrating transparency
Expenses generally managed well relative to revenue
Spending Breakdown
How Owings Family Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Owings Family Foundation
Is Owings Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Owings Family Foundation (EIN: 200390789) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Owings Family Foundation a good charity to donate to?
Owings Family Foundation has a Mission Score of 90/100. Revenue: $158K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Owings Family Foundation?
The Employer Identification Number (EIN) for Owings Family Foundation is 200390789. 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 Owings Family Foundation spend its money?
Owings Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Owings Family Foundation's tax-exempt status?
You can verify Owings Family Foundation's tax-exempt status using EIN 200390789 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 Owings Family Foundation demonstrates consistent financial stability with assets consistently over $1.2 million, reaching $1,397,084 in 2023. Its revenue has fluctuated, with a high of $268,313 in 2014 and $152,184 in 2023, while expenses have generally remained below revenue in most years, indicating responsible financial management. The foundation's liabilities have been negligible across all reported periods, often just $1, which is a strong indicator of financial health and low risk.
Spending efficiency appears high given the consistent zero officer compensation reported across all filings, suggesting that administrative costs are kept very low. While specific program spending breakdowns are not provided in the summary data, the absence of executive salaries implies a significant portion of expenses likely goes directly to its mission. The foundation's consistent filing of IRS Form 990s over a decade demonstrates a commitment to transparency, providing public access to its financial operations.
Overall, the Owings Family Foundation appears to be a well-managed and financially sound organization. Its consistent asset base, minimal liabilities, and lack of officer compensation are positive indicators of its operational integrity and dedication to its charitable purpose. The foundation's long history of filings further reinforces its commitment to public accountability.