Quick charity verification for Santa Foundation Inc (EIN: 205564341)
Verdict: Santa Foundation Inc appears trustworthy
92/100Mission Score
$259KRevenue
$197KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth (from $28,510 in 2014 to $129,976 in 2023)
Zero liabilities reported across all filing periods
0% officer compensation, indicating high efficiency or volunteer leadership
Consistent IRS 990 filing history (12 filings), demonstrating transparency
Expenses generally align closely with revenue, suggesting funds are actively used for operations (e.g., 2023: Revenue=$46,277, Expenses=$44,110)
Spending Breakdown
How Santa Foundation Inc 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 Santa Foundation Inc
Is Santa Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Santa Foundation Inc (EIN: 205564341) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Santa Foundation Inc a good charity to donate to?
Santa Foundation Inc has a Mission Score of 92/100. Revenue: $259K. Assets: $197K. 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 205564341. 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 90% to programs, 10% to administration, and 0% 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 205564341 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
Santa Foundation Inc demonstrates consistent financial health with a positive net asset growth over the past decade, increasing from $28,510 in 2014 to $129,976 in 2023. The organization consistently operates with zero liabilities, indicating strong financial management and a low-risk profile. While specific program spending details are not provided in the summary data, the absence of officer compensation across all reported periods suggests a volunteer-driven model, which can contribute to higher spending efficiency by minimizing administrative overhead. The organization's revenue has fluctuated but generally maintained a stable base, with the latest reported revenue at $46,277 in 2023. The consistent filing of IRS Form 990s over 12 periods indicates a commitment to transparency, allowing public scrutiny of its financial activities.
The organization's spending efficiency appears to be strong, particularly given the lack of reported officer compensation. This implies that a significant portion of its expenses likely goes towards its charitable programs. For instance, in 2023, expenses were $44,110 against revenue of $46,277, showing that most incoming funds are utilized for operations. The consistent growth in assets, even with fluctuating revenues, suggests prudent financial stewardship and an ability to build reserves. The organization's transparency is further bolstered by its consistent compliance with IRS filing requirements, providing a clear historical financial record for stakeholders.
Overall, Santa Foundation Inc appears to be a financially stable and transparent organization. Its consistent asset growth, zero liabilities, and lack of officer compensation are positive indicators of its financial health and commitment to utilizing resources effectively. While a detailed breakdown of program versus administrative spending would provide more granular insight into efficiency, the available data points to a well-managed nonprofit.