Quick charity verification for Rosamond Thaxter Foundation (EIN: 16019476)
Verdict: Rosamond Thaxter Foundation appears trustworthy
85/100Mission Score
$936KRevenue
$1.3MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data
Revenue volatility, with a significant drop in 2023 ($59,053) compared to previous years
Strengths
Consistent financial stability with growing assets (from $928,053 in 2011 to $1,341,198 currently)
Zero reported officer compensation across all filings, suggesting high efficiency or volunteer leadership
Very low liabilities, often $0 or $1, indicating strong financial management
Long history of IRS 990 filings, demonstrating transparency
Spending Breakdown
How Rosamond Thaxter Foundation 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 Thaxter Foundation
Is Rosamond Thaxter Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rosamond Thaxter Foundation (EIN: 16019476) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Rosamond Thaxter Foundation a good charity to donate to?
Rosamond Thaxter Foundation has a Mission Score of 85/100. Revenue: $936K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rosamond Thaxter Foundation?
The Employer Identification Number (EIN) for Rosamond Thaxter Foundation is 16019476. 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 Thaxter Foundation spend its money?
Rosamond Thaxter Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rosamond Thaxter Foundation's tax-exempt status?
You can verify Rosamond Thaxter Foundation's tax-exempt status using EIN 16019476 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 Thaxter Foundation demonstrates consistent financial stability, maintaining assets over $1 million for several years, reaching $1,341,198 most recently. While its revenue has fluctuated, with a notable high of $287,009 in 2019 and a low of $59,053 in 2023, the organization has generally managed its expenses well, often operating with a surplus or a modest deficit. For instance, in 2023, expenses ($108,941) exceeded revenue ($59,053), but this appears to be an anomaly rather than a trend, and the organization's substantial asset base provides a strong buffer.
The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent lack of reported officer compensation across all filings suggests a lean operational structure, potentially indicating a high proportion of funds directed towards its mission. The organization's liabilities have consistently been very low, often $0 or $1, indicating strong financial management and minimal debt.
In terms of transparency, the consistent filing of IRS 990 forms over a decade is a positive indicator. The absence of officer compensation is a significant point, suggesting that leadership may be volunteer-based or compensated through other means not captured as 'officer compensation,' which enhances the perception of funds being directly applied to the mission. Overall, the foundation appears to be a well-managed entity with a solid financial foundation.