Quick charity verification for Rockford Woodlawn Fund Inc (EIN: 202443684)
Verdict: Rockford Woodlawn Fund Inc appears trustworthy
85/100Mission Score
$1.3MRevenue
$19.9MAssets
2Red Flags
3Strengths
Red Flags
Inconsistent revenue generation, with significant fluctuations year-to-year, potentially indicating reliance on unpredictable funding sources or investment returns.
Expenses frequently exceed revenue, as seen in 2023, 2022, 2020, 2015, 2014, 2013, and 2012, suggesting a draw-down on assets or reliance on prior period surpluses.
Strengths
Substantial and stable asset base (around $20 million) provides financial security and long-term sustainability.
Consistent reporting of 0% officer compensation demonstrates excellent financial stewardship and minimizes administrative overhead.
Low liabilities relative to assets across all reported periods, indicating strong financial health and minimal debt burden.
Spending Breakdown
How Rockford Woodlawn Fund Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Rockford Woodlawn Fund Inc
Is Rockford Woodlawn Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rockford Woodlawn Fund Inc (EIN: 202443684) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Rockford Woodlawn Fund Inc a good charity to donate to?
Rockford Woodlawn Fund Inc has a Mission Score of 85/100. Revenue: $1.3M. Assets: $19.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rockford Woodlawn Fund Inc?
The Employer Identification Number (EIN) for Rockford Woodlawn Fund Inc is 202443684. 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 Rockford Woodlawn Fund Inc spend its money?
Rockford Woodlawn Fund Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rockford Woodlawn Fund Inc's tax-exempt status?
You can verify Rockford Woodlawn Fund Inc's tax-exempt status using EIN 202443684 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
Rockford Woodlawn Fund Inc. demonstrates a consistent financial profile with substantial assets, averaging around $20 million over the past decade. While the organization's revenue has fluctuated significantly, from a high of $20.7 million in 2011 to a low of $21,907 in 2013, its expenses have remained relatively stable, typically ranging between $1 million and $1.3 million in recent years. This suggests a reliance on its substantial asset base to fund operations, particularly in years where revenue falls short of expenses, as seen in 2023 where expenses ($1,050,476) exceeded revenue ($949,948). The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to minimizing administrative overhead related to executive pay, 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 NTEE code N32 (Private Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves lower direct program costs compared to service delivery organizations.