Quick charity verification for Shumard Foundation Inc (EIN: 203798084)
Verdict: Shumard Foundation Inc appears trustworthy
85/100Mission Score
$8.8MRevenue
$26.7MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, making precise efficiency analysis difficult.
Significant fluctuations in annual revenue, which could indicate reliance on inconsistent funding sources.
Strengths
Consistent reporting of 0% officer compensation, indicating very low administrative overhead related to executive salaries.
Strong asset base ($26,702,639) and consistent asset growth over time.
Minimal to zero liabilities reported across most filing periods, indicating strong financial health and low debt.
Significant surplus in the most recent filing period (Revenue $3,525,870 vs. Expenses $1,588,568 in 2022).
Spending Breakdown
How Shumard 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 Shumard Foundation Inc
Is Shumard Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shumard Foundation Inc (EIN: 203798084) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Shumard Foundation Inc a good charity to donate to?
Shumard Foundation Inc has a Mission Score of 85/100. Revenue: $8.8M. Assets: $26.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Shumard Foundation Inc?
The Employer Identification Number (EIN) for Shumard Foundation Inc is 203798084. 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 Shumard Foundation Inc spend its money?
Shumard Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Shumard Foundation Inc's tax-exempt status?
You can verify Shumard Foundation Inc's tax-exempt status using EIN 203798084 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
Shumard Foundation Inc demonstrates a generally stable financial position with significant assets of $26,702,639. The organization has shown fluctuating revenue and expenses over the past decade, with a notable increase in revenue to $8,788,907 in the latest period, while expenses were $1,588,568 in 2022. This indicates a substantial surplus in the most recent filing. The foundation consistently reports zero liabilities in most periods, suggesting strong financial management and a lack of debt. The absence of reported officer compensation across all filings indicates a volunteer-led or externally managed structure, which can contribute to lower administrative costs and higher program efficiency.
The organization's spending efficiency appears strong, particularly in the 2022 period where expenses were significantly lower than revenue, allowing for asset growth. The consistent reporting of zero officer compensation across all filings is a positive indicator of cost control and a focus on mission-related spending. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent growth in assets, from $18,870,364 in 2021 to $20,807,666 in 2022, further supports a healthy financial trajectory.
Transparency is good regarding executive compensation, as it consistently reports 0% officer compensation. The availability of 12 years of IRS 990 filings provides a comprehensive historical view of the organization's financial activities. However, the lack of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. To fully assess transparency, more granular expense data would be beneficial.