Is Scarlett Family Foundation Legit?

Quick charity verification for Scarlett Family Foundation (EIN: 201980932)

Verdict: Scarlett Family Foundation appears trustworthy

95/100Mission Score

$89.2MRevenue

$249.3MAssets

0Red Flags

5Strengths

No red flags identified.

Strengths

Consistent 0% officer compensation across all filings
Very low expense ratio relative to revenue and assets
Significant and consistent growth in assets over time (from $23M in 2012 to $240M in 2024)
Strong financial health with substantial revenue and asset base
High program focus due to minimal administrative and fundraising overhead

Spending Breakdown

How Scarlett Family Foundation allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Scarlett Family Foundation

Is Scarlett Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Scarlett Family Foundation (EIN: 201980932) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Scarlett Family Foundation a good charity to donate to?

Scarlett Family Foundation has a Mission Score of 95/100. Revenue: $89.2M. Assets: $249.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Scarlett Family Foundation?

The Employer Identification Number (EIN) for Scarlett Family Foundation is 201980932. 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 Scarlett Family Foundation spend its money?

Scarlett Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Scarlett Family Foundation's tax-exempt status?

You can verify Scarlett Family Foundation's tax-exempt status using EIN 201980932 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 Scarlett Family Foundation demonstrates strong financial health, particularly in its latest filing period (202406) with revenue of $86,776,319 and assets of $240,277,580. The organization consistently maintains a very low expense ratio relative to its revenue and assets, indicating efficient operations. For instance, in 202406, expenses were only $10,743,840 against substantial revenue. The foundation's assets have shown significant growth over the years, from $23,453,571 in 201206 to $240,277,580 in 202406, suggesting effective asset management and investment strategies. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a strong indicator of transparency and efficiency.

The foundation's financial structure, as a grant-making organization (NTEE Code T22), means its 'program spending' is primarily in the form of grants. The low overall expense figures, especially the 0% officer compensation, suggest that the vast majority of its expenditures are direct grants or program-related investments. The significant fluctuations in annual revenue, such as $139,469,407 in 201506 compared to $2,684,641 in 202006, are typical for foundations that receive large, infrequent contributions or experience market-driven asset appreciation/depreciation. Despite these fluctuations, the foundation has consistently maintained a robust asset base, enabling it to fulfill its philanthropic mission.

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Disclaimer

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