Consistent expenses exceeding revenue, indicating reliance on asset drawdowns.
Lack of detailed NTEE code makes it difficult to benchmark against similar organizations.
Strengths
Strong and stable asset base ($19,478,240 latest assets).
Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
Long history of IRS 990 filings (10 filings), demonstrating transparency.
Likely high program spending given its nature as a grant-making entity with minimal fundraising.
Spending Breakdown
How Rosamond Gifford Charitable Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Rosamond Gifford Charitable Corporation
Is Rosamond Gifford Charitable Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rosamond Gifford Charitable Corporation (EIN: 150572881) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Rosamond Gifford Charitable Corporation a good charity to donate to?
Rosamond Gifford Charitable Corporation has a Mission Score of 85/100. Revenue: $3.0M. Assets: $19.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rosamond Gifford Charitable Corporation?
The Employer Identification Number (EIN) for Rosamond Gifford Charitable Corporation is 150572881. 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 Rosamond Gifford Charitable Corporation spend its money?
Rosamond Gifford Charitable Corporation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rosamond Gifford Charitable Corporation's tax-exempt status?
You can verify Rosamond Gifford Charitable Corporation's tax-exempt status using EIN 150572881 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 Rosamond Gifford Charitable Corporation demonstrates consistent financial activity, primarily operating as a grant-making organization. Its financial health appears stable, with assets consistently around $18-22 million over the past decade, indicating a strong endowment. However, the organization frequently reports expenses exceeding revenue, as seen in 2023 ($2,020,503 expenses vs. $1,469,283 revenue) and 2022 ($1,696,220 expenses vs. $1,331,654 revenue). This suggests reliance on its substantial asset base to cover operational costs and grant disbursements, which is typical for endowed foundations but warrants monitoring to ensure long-term sustainability. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, suggesting that the organization is likely managed by unpaid board members or that compensation is reported under other categories, which would require further investigation.