Is Philip Devon Family Foundation Inc…

Quick charity verification for Philip Devon Family Foundation Inc (EIN: 133498743)

Spending Breakdown

How Philip Devon Family Foundation Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Philip Devon Family Foundation Inc

Is Philip Devon Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Philip Devon Family Foundation Inc (EIN: 133498743) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.

Is Philip Devon Family Foundation Inc a good charity to donate to?

Philip Devon Family Foundation Inc has a Mission Score of 45/100. Revenue: $13K. Assets: $98K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Philip Devon Family Foundation Inc?

The Employer Identification Number (EIN) for Philip Devon Family Foundation Inc is 133498743. 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 Philip Devon Family Foundation Inc spend its money?

Philip Devon Family Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Philip Devon Family Foundation Inc's tax-exempt status?

You can verify Philip Devon Family Foundation Inc's tax-exempt status using EIN 133498743 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 Philip Devon Family Foundation Inc. exhibits a concerning trend of declining financial health. Over the past decade, its assets have significantly decreased from $249,774 in 2011 to $97,972 currently, while expenses consistently outpace revenue. For instance, in 2021, the organization reported $3,836 in revenue against $17,674 in expenses, indicating a substantial operating deficit. This pattern of spending more than it earns is a long-standing issue, with expenses consistently around $21,000-$23,000 annually, far exceeding typical revenues of $5,000-$9,000. This suggests the foundation is drawing down its principal to cover operational costs, which is unsustainable in the long term.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess. However, the consistent operating deficits raise questions about the effectiveness of its financial management. The organization's transparency appears adequate in terms of filing its IRS 990s, with 8 filings available, but the lack of specific NTEE code or detailed expense categories in the provided data limits a deeper analysis of its programmatic focus and efficiency. The consistent reporting of 0% officer compensation is a positive note for resource allocation.

Overall, the foundation's financial trajectory is concerning. While it maintains a low liability profile, the continuous depletion of assets due to persistent operating deficits indicates a need for a significant strategic shift in either revenue generation or expense management to ensure its long-term viability and impact.

Is Philip Devon Family Foundation Inc Legit?

Verdict: Philip Devon Family Foundation Inc shows mixed signals

Red Flags

Strengths