Quick charity verification for Sherwood Oaks Fund (EIN: 200106286)
Verdict: Sherwood Oaks Fund appears trustworthy
95/100Mission Score
$884KRevenue
$2.3MAssets
1Red Flags
5Strengths
Red Flags
Negative revenue reported in 202206 ($-125,668) without clear explanation in provided data.
Strengths
Consistently growing assets, reaching $2,326,590 in 202406.
Zero reported liabilities across all 14 filings, indicating strong financial stability.
0% officer compensation reported, suggesting highly efficient use of funds for mission-related activities.
Strong program spending efficiency, with expenses significantly lower than revenue in most periods.
Consistent IRS 990 filing history, demonstrating good transparency.
Spending Breakdown
How Sherwood Oaks 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 Sherwood Oaks Fund
Is Sherwood Oaks Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Sherwood Oaks Fund (EIN: 200106286) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Sherwood Oaks Fund a good charity to donate to?
Sherwood Oaks Fund has a Mission Score of 95/100. Revenue: $884K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sherwood Oaks Fund?
The Employer Identification Number (EIN) for Sherwood Oaks Fund is 200106286. 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 Sherwood Oaks Fund spend its money?
Sherwood Oaks Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sherwood Oaks Fund's tax-exempt status?
You can verify Sherwood Oaks Fund's tax-exempt status using EIN 200106286 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
Sherwood Oaks Fund demonstrates strong financial health with consistently growing assets and no reported liabilities across all available filings. In the latest period (202406), the organization reported $883,961 in revenue against $365,282 in expenses, indicating a significant surplus that contributes to its robust asset base of $2,326,590. The organization's spending efficiency appears very high, with program expenses likely constituting the vast majority of its total expenses, given the absence of reported officer compensation and the overall low expense ratios relative to revenue in most years. For instance, in 202406, expenses were only 41.3% of revenue.
The organization's transparency is excellent, particularly regarding executive compensation, as it consistently reports 0% officer compensation. This suggests that the organization is either entirely volunteer-run at the executive level or that compensation is covered by an affiliated entity, which would warrant further investigation but does not detract from its direct transparency. The consistent filing of IRS Form 990s over 14 periods further enhances its transparency, providing a clear historical financial record. The lack of liabilities is a significant positive indicator of financial stability.