Quick charity verification for Robert W Belknap M D Free Bed Fund (EIN: 16011506)
Verdict: Robert W Belknap M D Free Bed Fund appears trustworthy
75/100Mission Score
$47KRevenue
$177KAssets
2Red Flags
3Strengths
Red Flags
Expenses frequently exceed revenue, leading to a gradual decline in assets (e.g., 2023: $21,670 expenses vs. $14,284 revenue).
Lack of detailed expense breakdown in summary data makes it difficult to fully assess program efficiency beyond officer compensation.
Strengths
Consistent 0% officer compensation, indicating a volunteer-led organization and high efficiency in executive costs.
Maintains a stable asset base (around $200,000) relative to its annual operations, providing financial cushion.
Low liabilities (consistently $0 or $1) indicate strong financial management and minimal debt.
Spending Breakdown
How Robert W Belknap M D Free Bed Fund allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Robert W Belknap M D Free Bed Fund
Is Robert W Belknap M D Free Bed Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert W Belknap M D Free Bed Fund (EIN: 16011506) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Robert W Belknap M D Free Bed Fund a good charity to donate to?
Robert W Belknap M D Free Bed Fund has a Mission Score of 75/100. Revenue: $47K. Assets: $177K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Robert W Belknap M D Free Bed Fund?
The Employer Identification Number (EIN) for Robert W Belknap M D Free Bed Fund is 16011506. 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 Robert W Belknap M D Free Bed Fund spend its money?
Robert W Belknap M D Free Bed Fund allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Robert W Belknap M D Free Bed Fund's tax-exempt status?
You can verify Robert W Belknap M D Free Bed Fund's tax-exempt status using EIN 16011506 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 Robert W Belknap M D Free Bed Fund operates as a small, grant-making organization, as evidenced by its consistent revenue and expense figures over the past several years. Its primary function appears to be distributing funds, rather than operating direct programs, which is typical for a 'free bed fund.' The organization consistently reports zero officer compensation, indicating a volunteer-led structure, which is a positive sign for donor confidence as administrative costs are kept low in this regard. However, without detailed expense breakdowns beyond the summary data, it's challenging to fully assess spending efficiency between program grants and other administrative overhead. The organization's assets have seen a slight decline from $220,600 in 2012 to $198,342 in 2023, suggesting that expenses have generally outpaced revenue in several periods, such as 2023 where expenses were $21,670 against revenues of $14,284. This trend, while not immediately alarming for a fund of this size, warrants monitoring to ensure long-term sustainability.