Is Restored Covenant Family Foundation…

Quick charity verification for Restored Covenant Family Foundation (EIN: 200023571)

Red Flags

Volatile revenue, with significant drops (e.g., from $1,180,278 in 2021 to $99,808 in 2023)
Expenses frequently exceeding revenue in recent years (e.g., 2023, 2022, 2020, 2019, 2015, 2014, 2013, 2012, 2011)
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, making efficiency assessment difficult
Consistent 0% officer compensation, which is unusual for an organization of this size and asset level and could indicate alternative compensation structures or a fully volunteer board.

Spending Breakdown

How Restored Covenant Family Foundation 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 Restored Covenant Family Foundation

Is Restored Covenant Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Restored Covenant Family Foundation (EIN: 200023571) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.

Is Restored Covenant Family Foundation a good charity to donate to?

Restored Covenant Family Foundation has a Mission Score of 65/100. Revenue: $288K. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Restored Covenant Family Foundation?

The Employer Identification Number (EIN) for Restored Covenant Family Foundation is 200023571. 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 Restored Covenant Family Foundation spend its money?

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

How can I verify Restored Covenant Family Foundation's tax-exempt status?

You can verify Restored Covenant Family Foundation's tax-exempt status using EIN 200023571 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

Restored Covenant Family Foundation demonstrates a mixed financial picture. While the organization consistently maintains substantial assets, reaching $2,950,742 in 2023, its revenue has been highly volatile, with a significant spike to $1,180,278 in 2021 followed by a sharp decline to $99,808 in 2023. This volatility, coupled with expenses frequently exceeding revenue in recent years (e.g., $153,562 in expenses vs. $99,808 in revenue in 2023), suggests a reliance on prior year surpluses or asset drawdowns to cover operational costs. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead in this area, which is a positive sign for transparency and efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging.

The organization's financial health appears stable due to its significant asset base, which far exceeds its liabilities (e.g., $2,950,742 in assets vs. $36,281 in liabilities in 2023). This strong asset position provides a buffer against revenue fluctuations. The NTEE code T22 (Religious Activities) suggests a focus on religious programs, but the lack of detailed expense categorization in the provided data makes it difficult to ascertain the exact proportion of spending dedicated directly to programs versus other operational costs. The consistent filing of IRS Form 990s over a decade indicates a commitment to regulatory compliance and basic financial transparency.

Is Restored Covenant Family Foundation Legit?

Verdict: Restored Covenant Family Foundation shows mixed signals