Is Salmon Foundation Inc Legit?

Quick charity verification for Salmon Foundation Inc (EIN: 133637630)

Verdict: Salmon Foundation Inc appears trustworthy

85/100Mission Score
$10.8MRevenue
$22.5MAssets
2Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Salmon Foundation Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
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 Salmon Foundation Inc

Is Salmon Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Salmon Foundation Inc (EIN: 133637630) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

Is Salmon Foundation Inc a good charity to donate to?

Salmon Foundation Inc has a Mission Score of 85/100. Revenue: $10.8M. Assets: $22.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Salmon Foundation Inc?

The Employer Identification Number (EIN) for Salmon Foundation Inc is 133637630. 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 Salmon Foundation Inc spend its money?

Salmon Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Salmon Foundation Inc's tax-exempt status?

You can verify Salmon Foundation Inc's tax-exempt status using EIN 133637630 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

Salmon Foundation Inc demonstrates a consistent financial history with substantial assets, currently at $22,482,495. While the organization has experienced fluctuations in annual revenue, ranging from $920,019 in 2012 to $3,327,188 in 2020, its asset base has shown steady growth over the past decade. The latest reported revenue of $1,236,213 for the period ending 202312 is slightly lower than its expenses of $1,285,590, indicating a minor operating deficit for that year. However, this is not a consistent trend, as several prior years showed significant surpluses, such as in 2021 where revenue was $2,825,120 against expenses of $1,181,431. The organization's spending efficiency appears strong given the consistent reporting of 0% officer compensation across all available filings, suggesting a volunteer-led or very lean executive structure. This contributes positively to the proportion of funds available for programmatic activities. The low liabilities reported across all periods (often $0 or $1, with a peak of $1,077 in 2022) also indicates sound financial management and minimal debt burden. The lack of specific program, administrative, or fundraising expense breakdowns in the provided data limits a detailed assessment of spending allocation, but the absence of executive compensation is a strong indicator of efficiency. Regarding transparency, the consistent filing of IRS Form 990s over a decade is a positive sign. However, the NTEE code being 'Unknown' could be a minor point of concern for some, as it makes it harder to benchmark against similar organizations. The consistent reporting of zero officer compensation is a highly transparent practice, indicating that the organization is not diverting funds to high executive salaries. Overall, the Salmon Foundation Inc appears to be a financially stable organization with a strong commitment to minimizing administrative overhead related to executive pay.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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