Is Sherman White Jr And Virginia H White Charitable Fund Legit?

Quick charity verification for Sherman White Jr And Virginia H White Charitable Fund (EIN: 203970395)

Verdict: Sherman White Jr And Virginia H White Charitable Fund appears trustworthy

95/100Mission Score
$4.5MRevenue
$13.2MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Sherman White Jr And Virginia H White Charitable Fund 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 Sherman White Jr And Virginia H White Charitable Fund

Is Sherman White Jr And Virginia H White Charitable Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Sherman White Jr And Virginia H White Charitable Fund (EIN: 203970395) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Sherman White Jr And Virginia H White Charitable Fund a good charity to donate to?

Sherman White Jr And Virginia H White Charitable Fund has a Mission Score of 95/100. Revenue: $4.5M. Assets: $13.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sherman White Jr And Virginia H White Charitable Fund?

The Employer Identification Number (EIN) for Sherman White Jr And Virginia H White Charitable Fund is 203970395. 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 Sherman White Jr And Virginia H White Charitable Fund spend its money?

Sherman White Jr And Virginia H White Charitable Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sherman White Jr And Virginia H White Charitable Fund's tax-exempt status?

You can verify Sherman White Jr And Virginia H White Charitable Fund's tax-exempt status using EIN 203970395 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 Sherman White Jr And Virginia H White Charitable Fund appears to be a well-managed private foundation with a consistent financial history. Over the past decade, its assets have steadily grown from $10,173,542 in 2011 to $12,511,315 in 2023, indicating sound investment strategies and asset preservation. The organization consistently reports minimal liabilities, often just $1, which suggests strong financial stability and a low-risk profile. Its revenue streams have generally exceeded expenses, allowing for asset growth and sustained grantmaking capacity. Spending efficiency is a key strength, as the fund consistently reports 0% officer compensation, meaning all administrative and operational costs are covered without drawing from executive salaries. While specific program spending percentages are not detailed in the provided summary, the nature of a charitable fund typically implies that the majority of expenses are directed towards grants and distributions. The consistent surplus of revenue over expenses, such as $1,022,594 in revenue against $888,400 in expenses in 2023, demonstrates effective financial management. The organization's transparency is high given its consistent filing of IRS Form 990s, which are publicly accessible documents detailing its financial activities and governance. Overall, the fund exhibits strong financial health, prudent management, and a clear commitment to its charitable purpose, as evidenced by its asset growth, minimal liabilities, and absence of executive compensation. Its consistent financial performance over more than a decade suggests a reliable and impactful philanthropic entity.

View Full Transparency Report →

Disclaimer

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

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