Is Sanford Red And White Foundation Legit?

Quick charity verification for Sanford Red And White Foundation (EIN: 201137763)

Verdict: Sanford Red And White Foundation appears trustworthy

85/100Mission Score

$89KRevenue

$68KAssets

2Red Flags

4Strengths

Red Flags

Significant expense overruns in 2014 and 2018 (e.g., $125,353 expenses vs $53,007 revenue in 2014) without clear explanation in summary data.
Increasing liabilities in recent years, reaching $41,866 in 2023, which represents a substantial portion of total assets ($67,539).

Strengths

Consistent 0% officer compensation across all reported periods, indicating strong commitment to mission over executive pay.
Positive trend in revenue growth in recent years, from $20,230 in 2021 to $43,342 in 2023.
Steady growth in assets, increasing from $35,507 in 2014 to $67,539 in 2023.
Consistent filing of IRS 990s over 13 periods, demonstrating good transparency and compliance.

Spending Breakdown

How Sanford Red And White Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

10%

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 Sanford Red And White Foundation

Is Sanford Red And White Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Sanford Red And White Foundation (EIN: 201137763) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Sanford Red And White Foundation a good charity to donate to?

Sanford Red And White Foundation has a Mission Score of 85/100. Revenue: $89K. Assets: $68K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sanford Red And White Foundation?

The Employer Identification Number (EIN) for Sanford Red And White Foundation is 201137763. 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 Sanford Red And White Foundation spend its money?

Sanford Red And White Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sanford Red And White Foundation's tax-exempt status?

You can verify Sanford Red And White Foundation's tax-exempt status using EIN 201137763 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 Sanford Red And White Foundation demonstrates a generally stable financial position, with assets growing from $35,507 in 2014 to $67,539 in 2023. Revenue has fluctuated, peaking at $53,007 in 2014 and $51,890 in 2018, but showing a positive trend in recent years, increasing from $20,230 in 2021 to $43,342 in 2023. The organization has consistently reported 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay.

Spending efficiency appears to be reasonable, with expenses generally lower than revenue in most recent periods, indicating fiscal responsibility. For instance, in 2023, expenses were $35,028 against revenue of $43,342. However, there were two periods (2014 and 2018) where expenses significantly exceeded revenue ($125,353 vs $53,007 in 2014, and $128,987 vs $51,890 in 2018), which could indicate specific large projects or unusual expenditures during those years. The consistent reporting of liabilities in recent years, reaching $41,866 in 2023, warrants attention to ensure they are managed effectively relative to assets.

Overall, the foundation exhibits a commitment to its mission through its financial management, particularly with no reported executive compensation. While there were periods of high expenses relative to revenue, the recent trend shows healthy growth in assets and revenue, suggesting a well-managed operation. The consistent filing of IRS 990s over 13 periods also points to good transparency.

View Full Transparency Report →

Disclaimer

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