Quick charity verification for Park Springs Foundation (EIN: 208710411)
Verdict: Park Springs Foundation appears trustworthy
85/100Mission Score
$349KRevenue
$483KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in available data makes precise efficiency assessment difficult.
Unusually low (0%) reported officer compensation for an organization with growing assets, which might warrant further inquiry into how leadership is supported.
Strengths
Consistent asset growth, from $99,898 in 2014 to $503,875 in 2023, indicating strong financial management.
Zero reported liabilities across all filings, demonstrating excellent financial stability.
Positive net income in most recent years (e.g., $112,243 revenue vs. $85,585 expenses in 2023), contributing to sustainability.
Zero reported officer compensation, suggesting a highly cost-efficient or volunteer-driven leadership structure.
Consistent filing of IRS Form 990s, indicating good transparency practices.
Spending Breakdown
How Park Springs Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Park Springs Foundation
Is Park Springs Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Park Springs Foundation (EIN: 208710411) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Park Springs Foundation a good charity to donate to?
Park Springs Foundation has a Mission Score of 85/100. Revenue: $349K. Assets: $483K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Park Springs Foundation?
The Employer Identification Number (EIN) for Park Springs Foundation is 208710411. 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 Park Springs Foundation spend its money?
Park Springs Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Park Springs Foundation's tax-exempt status?
You can verify Park Springs Foundation's tax-exempt status using EIN 208710411 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
Park Springs Foundation demonstrates consistent financial health with a positive net income in most recent years, contributing to a steady growth in assets. For example, in 2023, revenue was $112,243 against expenses of $85,585, resulting in a surplus. The organization's assets have grown significantly from $99,898 in 2014 to $503,875 in 2023, indicating sound financial management and accumulation of resources. The absence of liabilities across all reported periods is a strong indicator of financial stability and responsible fiscal practices.
Spending efficiency appears to be strong, with the organization consistently spending less than its revenue in recent years, allowing for asset growth. The lack of reported officer compensation across all filings suggests that the organization operates with a volunteer or very low-paid leadership structure, which can contribute to higher program spending ratios. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging.
Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero officer compensation is a notable point for transparency. To further enhance transparency, the organization could provide more detailed breakdowns of its expenses, particularly distinguishing between program service accomplishments and supporting activities.