Is Randall And Barbara Smith Foundation Inc…

Quick charity verification for Randall And Barbara Smith Foundation Inc (EIN: 133748695)

Spending Breakdown

How Randall And Barbara Smith 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 Randall And Barbara Smith Foundation Inc

Is Randall And Barbara Smith Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Randall And Barbara Smith Foundation Inc (EIN: 133748695) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.

Is Randall And Barbara Smith Foundation Inc a good charity to donate to?

Randall And Barbara Smith Foundation Inc has a Mission Score of 40/100. Revenue: $2.8M. Assets: $7.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Randall And Barbara Smith Foundation Inc?

The Employer Identification Number (EIN) for Randall And Barbara Smith Foundation Inc is 133748695. 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 Randall And Barbara Smith Foundation Inc spend its money?

Randall And Barbara Smith Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Randall And Barbara Smith Foundation Inc's tax-exempt status?

You can verify Randall And Barbara Smith Foundation Inc's tax-exempt status using EIN 133748695 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 Randall And Barbara Smith Foundation Inc. exhibits a concerning trend of declining assets and inconsistent revenue over the past several years. While the foundation reported $2,750,131 in latest revenue, its recent filings show significant net losses, such as -$867,197 in 2021 and -$164,216 in 2020. This is further evidenced by a substantial decrease in assets from a high of $19,866,059 in 2015 to $7,488,168 currently, and $9,356,974 in 2023. The foundation consistently spends more than it brings in, with expenses of $2,282,550 against revenue of $496,752 in 2023, and $1,152,378 against $115,441 in 2022.

The organization's financial health appears to be deteriorating, with a consistent pattern of expenses far exceeding revenue in most recent periods. This suggests a reliance on drawing down existing assets rather than sustainable operational funding. The lack of reported officer compensation across all filings indicates a potential volunteer-led or minimally compensated leadership structure, which can be a positive for efficiency, but doesn't offset the overall financial decline. Without detailed expense breakdowns, it's difficult to assess spending efficiency beyond the high overall expense-to-revenue ratio.

Transparency regarding executive compensation is high, as no officer compensation has been reported in any of the 11 filings. However, the overall financial picture raises questions about the long-term viability and sustainability of the foundation's operations given the consistent asset depletion and negative net income in many recent years. Further details on program spending versus administrative and fundraising costs would be necessary for a complete assessment of spending efficiency.

Is Randall And Barbara Smith Foundation Inc Legit?

Verdict: Randall And Barbara Smith Foundation Inc shows mixed signals

Red Flags

Strengths