Expenses generally managed well relative to revenue in recent periods, such as 2023 where expenses were $258,536 against $264,369 in revenue.
Spending Breakdown
How Ronald G Casty Family Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Ronald G Casty Family Foundation
Is Ronald G Casty Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ronald G Casty Family Foundation (EIN: 202003598) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Ronald G Casty Family Foundation a good charity to donate to?
Ronald G Casty Family Foundation has a Mission Score of 90/100. Revenue: $317K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ronald G Casty Family Foundation?
The Employer Identification Number (EIN) for Ronald G Casty Family Foundation is 202003598. 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 Ronald G Casty Family Foundation spend its money?
Ronald G Casty Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ronald G Casty Family Foundation's tax-exempt status?
You can verify Ronald G Casty Family Foundation's tax-exempt status using EIN 202003598 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 Ronald G Casty Family Foundation demonstrates consistent financial stability with assets generally exceeding $1 million, reaching $1,289,956 in its latest filing. The organization's revenue has fluctuated significantly over the years, from a high of $1,155,229 in 2015 to a low of negative revenue in 2019. However, recent years show more stable revenue generation, with $264,369 in 2023 and $276,608 in 2022. Expenses have also varied, but the foundation has generally managed to keep them in line with or below revenue in recent periods, such as 2023 where expenses were $258,536 against $264,369 in revenue.
The foundation's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, indicating that all funds are directed towards its mission rather than executive salaries. The NTEE code T22 suggests a focus on philanthropic organizations, grantmaking, and giving, which aligns with a family foundation model. The low liabilities, often reported as $1 or $0, further underscore a healthy balance sheet and responsible financial management.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over a decade, providing a clear historical financial picture. The absence of officer compensation is a significant positive indicator of the foundation's commitment to maximizing its charitable impact. While the specific breakdown of program, administrative, and fundraising expenses isn't directly provided in the summary data, the lack of officer compensation suggests a lean operational structure, likely favoring program spending.