Is President & Trustees Of Colby College…

Quick charity verification for President & Trustees Of Colby College (EIN: 10211497)

Strengths

Consistent revenue growth, with latest revenue at $526,162,000 and a strong trend over the past decade.
Substantial and growing asset base, reaching $2,364,066,000, indicating strong financial stewardship and endowment management.
Positive net income in most recent periods (e.g., $287,466,000 revenue vs. $284,605,000 expenses in 202306), demonstrating operational sustainability.
High transparency regarding 'Officer Comp' reported as 0% across all filings.
Significant financial capacity to support its educational mission, as evidenced by its large and growing assets.

Spending Breakdown

How President & Trustees Of Colby College allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 President & Trustees Of Colby College

Is President & Trustees Of Colby College a legitimate charity?

Based on AI analysis of IRS 990 filings, President & Trustees Of Colby College (EIN: 10211497) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

Is President & Trustees Of Colby College a good charity to donate to?

President & Trustees Of Colby College has a Mission Score of 85/100. Revenue: $526.2M. Assets: $2.4B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for President & Trustees Of Colby College?

The Employer Identification Number (EIN) for President & Trustees Of Colby College is 10211497. 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 President & Trustees Of Colby College spend its money?

President & Trustees Of Colby College allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify President & Trustees Of Colby College's tax-exempt status?

You can verify President & Trustees Of Colby College's tax-exempt status using EIN 10211497 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

President & Trustees Of Colby College demonstrates strong financial health, with consistent revenue growth and substantial assets. In the 202306 period, the organization reported revenues of $287,466,000 against expenses of $284,605,000, indicating a balanced operational budget. The organization's assets have steadily grown, reaching $2,244,685,000 in 202306, up from $1,267,797,000 in 201406, showcasing robust financial management and endowment growth. While specific program, administrative, and fundraising expense breakdowns are not explicitly detailed in the provided summary, the overall financial picture suggests a well-resourced institution.

The organization's spending efficiency appears sound, with expenses generally tracking below revenues, allowing for asset accumulation. For instance, in 202206, revenues were $403,263,000 while expenses were $260,146,000, indicating a significant surplus that likely contributes to its substantial endowment. The consistent growth in assets over the past decade further supports this assessment of efficient resource management.

Transparency regarding executive compensation is high, as the provided data consistently shows 0% for 'Officer Comp' across all listed periods. This suggests that compensation for officers is either not reported in this specific field or is covered under other expense categories, which would warrant further investigation for a complete picture. However, the explicit '0%' indicates a clear reporting practice for this specific metric.

Is President & Trustees Of Colby College Legit?

Verdict: President & Trustees Of Colby College appears trustworthy