Quick charity verification for San Simeon Fund (EIN: 201986583)
Verdict: San Simeon Fund appears trustworthy
90/100Mission Score
$31.2MRevenue
$65.0MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
Consistent asset growth, from $34,686,142 in 2011 to $65,024,046 currently.
Zero officer compensation reported across all filings, indicating high financial prudence.
Minimal to zero liabilities reported consistently, demonstrating strong financial stability.
Significant latest revenue of $31,198,074, showing strong fundraising capacity.
Spending Breakdown
How San Simeon Fund 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 San Simeon Fund
Is San Simeon Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, San Simeon Fund (EIN: 201986583) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is San Simeon Fund a good charity to donate to?
San Simeon Fund has a Mission Score of 90/100. Revenue: $31.2M. Assets: $65.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for San Simeon Fund?
The Employer Identification Number (EIN) for San Simeon Fund is 201986583. 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 San Simeon Fund spend its money?
San Simeon Fund allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify San Simeon Fund's tax-exempt status?
You can verify San Simeon Fund's tax-exempt status using EIN 201986583 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 San Simeon Fund demonstrates a strong financial position with substantial assets, currently at $65,024,046, significantly exceeding its liabilities which have consistently been reported as minimal or zero across all available filings. The organization's revenue has fluctuated over the years, with the latest reported revenue at $31,198,074, indicating a robust capacity for funding its operations. A notable strength is the consistent reporting of 0% officer compensation, which suggests a high degree of financial prudence and a focus on directing resources towards its mission rather than executive salaries.
However, a detailed breakdown of expenses into program, administrative, and fundraising categories is not explicitly provided in the summary data, making a precise assessment of spending efficiency challenging. While total expenses are reported, without this granular detail, it's difficult to ascertain the exact proportion of funds directly supporting programmatic activities versus overhead. The organization's consistent growth in assets over the long term, from $34,686,142 in 2011 to $65,024,046 currently, indicates effective asset management and financial stability.
Overall, the San Simeon Fund appears financially healthy and transparent regarding executive compensation. To fully assess spending efficiency, more detailed expense categorization would be beneficial. The consistent low liabilities and zero officer compensation are strong indicators of responsible financial stewardship.