Quick charity verification for Santa Foundation Inc (EIN: 203093870)
Verdict: Santa Foundation Inc has notable concerns
35/100Mission Score
$625Revenue
$93Assets
4Red Flags
2Strengths
Red Flags
Significant and consistent decline in revenue, from $23,951 in 2012 to $625 in 2018.
Expenses consistently exceeding revenue in recent years (e.g., $836 expenses vs. $625 revenue in 2018), indicating operating losses.
Drastic reduction in assets from a high of $10,322 in 2012 to just $93 in 2018, suggesting a depletion of financial reserves.
Small asset base ($93) provides virtually no financial cushion for future operations.
Strengths
Consistent reporting of 0% officer compensation, indicating volunteer leadership and low administrative overhead in this area.
No reported liabilities across all filings, suggesting the organization is not accumulating debt.
Spending Breakdown
How Santa Foundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Santa Foundation Inc
Is Santa Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Santa Foundation Inc (EIN: 203093870) has notable concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
Is Santa Foundation Inc a good charity to donate to?
Santa Foundation Inc has a Mission Score of 35/100. Revenue: $625. Assets: $93. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Santa Foundation Inc?
The Employer Identification Number (EIN) for Santa Foundation Inc is 203093870. 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 Santa Foundation Inc spend its money?
Santa Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Santa Foundation Inc's tax-exempt status?
You can verify Santa Foundation Inc's tax-exempt status using EIN 203093870 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 Santa Foundation Inc. appears to be in a state of significant financial decline, as evidenced by its latest filing. Revenue has plummeted from a high of $23,951 in 2012 to just $625 in 2018, while expenses ($836 in 2018) continue to outstrip income, leading to a net loss. This consistent trend of expenses exceeding revenue, particularly in recent years, raises concerns about the organization's long-term sustainability and ability to fund its programs. The organization's assets have also dwindled considerably, from over $10,000 in earlier years to just $93 in 2018, indicating a depletion of reserves.
Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total figures. However, given the minimal revenue and assets, the organization's operational capacity seems severely constrained. The lack of officer compensation reported across all filings suggests that leadership may be volunteer-based, which can be a positive for efficiency, but the overall financial picture points to an organization struggling to maintain operations. Transparency is generally good, with consistent filings available, but the financial health itself is a major concern.