Quick charity verification for Reece Toyama Foundation (EIN: 10919143)
Verdict: Reece Toyama Foundation appears trustworthy
85/100Mission Score
$75KRevenue
$193KAssets
2Red Flags
4Strengths
Red Flags
Significant revenue volatility, including $0 revenue reported in 2020.
Expenses incurred ($7,544 in 2020) even during a year with no reported revenue, indicating reliance on prior reserves or other unreported income.
Strengths
Strong and growing asset base ($192,856 currently) providing financial stability.
Zero reported liabilities across all filings, indicating excellent financial health and no debt.
Consistent reporting of 0% officer compensation, suggesting a volunteer-driven model and efficient use of funds.
Consistent IRS 990 filing history (10 filings), demonstrating good transparency and compliance.
Spending Breakdown
How Reece Toyama Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Reece Toyama Foundation
Is Reece Toyama Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Reece Toyama Foundation (EIN: 10919143) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Reece Toyama Foundation a good charity to donate to?
Reece Toyama Foundation has a Mission Score of 85/100. Revenue: $75K. Assets: $193K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Reece Toyama Foundation?
The Employer Identification Number (EIN) for Reece Toyama Foundation is 10919143. 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 Reece Toyama Foundation spend its money?
Reece Toyama Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Reece Toyama Foundation's tax-exempt status?
You can verify Reece Toyama Foundation's tax-exempt status using EIN 10919143 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 Reece Toyama Foundation demonstrates a fluctuating financial history, with revenue peaking at $128,563 in 2018 and dropping to $0 in 2020. Despite these fluctuations, the organization has consistently maintained a healthy asset base, growing from $47,946 in 2011 to $192,856 currently, with no reported liabilities across all filings, indicating strong financial solvency. The absence of officer compensation reported in all available filings suggests a volunteer-driven leadership, which can be a positive indicator of efficient resource allocation.
However, the significant drop in revenue to $0 in 2020, while still incurring $7,544 in expenses, raises questions about the sustainability of its funding model. The latest revenue of $75,380 is a positive rebound from 2020, but it's important to monitor if this trend continues. The organization's NTEE code O50 (Philanthropy, Voluntarism & Grantmaking Foundations) suggests its primary activities involve grantmaking or supporting other nonprofits, which aligns with its operational structure.
Overall, the foundation appears financially stable due to its asset reserves and lack of debt. Its transparency is good given the consistent filing of 990s and the clear reporting of no officer compensation. However, the variability in revenue and the recent zero-revenue year warrant closer observation regarding its long-term funding strategy and program continuity.