Quick charity verification for Shanta Foundation Inc (EIN: 204246752)
Verdict: Shanta Foundation Inc appears trustworthy
90/100Mission Score
$1.3MRevenue
$2.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth over a decade, from $283,847 in 2014 to $1,346,348 latest.
Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
Strong asset growth, from $190,820 in 2014 to $1,963,937 latest, demonstrating increasing financial capacity.
Healthy asset-to-liability ratio, with liabilities consistently low relative to assets.
Positive net assets in most periods, indicating financial stability and sustainability.
Spending Breakdown
How Shanta Foundation Inc 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 Shanta Foundation Inc
Is Shanta Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shanta Foundation Inc (EIN: 204246752) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Shanta Foundation Inc a good charity to donate to?
Shanta Foundation Inc has a Mission Score of 90/100. Revenue: $1.3M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Shanta Foundation Inc?
The Employer Identification Number (EIN) for Shanta Foundation Inc is 204246752. 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 Shanta Foundation Inc spend its money?
Shanta Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Shanta Foundation Inc's tax-exempt status?
You can verify Shanta Foundation Inc's tax-exempt status using EIN 204246752 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
Shanta Foundation Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in a latest reported revenue of $1,346,348 and assets of $1,963,937. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the consistent positive net assets and growth suggest effective financial management. The organization's liabilities have remained relatively low compared to its assets, indicating good financial stability.
The foundation's financial health appears robust, with assets significantly exceeding liabilities. The growth in both revenue and assets over time, from $283,847 revenue and $190,820 assets in 2014 to the latest figures, indicates a growing capacity to fulfill its mission. The absence of officer compensation is a notable strength in terms of spending efficiency and transparency, as it suggests that leadership is not drawing salaries from the organization's funds. Further analysis would benefit from a detailed breakdown of functional expenses to fully assess spending efficiency across programs, administration, and fundraising.