Quick charity verification for Simmons Fam Charitable Foundation (EIN: 206093255)
Verdict: Simmons Fam Charitable Foundation appears trustworthy
85/100Mission Score
$316KRevenue
$1.4MAssets
1Red Flags
4Strengths
Red Flags
Significant year-over-year revenue and expense volatility, making long-term financial planning assessment difficult without further context.
Strengths
Consistent 0% officer compensation, indicating high dedication to mission and efficient use of funds.
Strong asset growth, from $429,631 in 2015 to $1,387,343 currently.
Extremely low liabilities ($1 across all filings), demonstrating excellent financial health.
Positive net assets, indicating financial solvency and capacity for future operations.
Spending Breakdown
How Simmons Fam Charitable Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Simmons Fam Charitable Foundation
Is Simmons Fam Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Simmons Fam Charitable Foundation (EIN: 206093255) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Simmons Fam Charitable Foundation a good charity to donate to?
Simmons Fam Charitable Foundation has a Mission Score of 85/100. Revenue: $316K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Simmons Fam Charitable Foundation?
The Employer Identification Number (EIN) for Simmons Fam Charitable Foundation is 206093255. 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 Simmons Fam Charitable Foundation spend its money?
Simmons Fam Charitable Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Simmons Fam Charitable Foundation's tax-exempt status?
You can verify Simmons Fam Charitable Foundation's tax-exempt status using EIN 206093255 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 Simmons Fam Charitable Foundation demonstrates a fluctuating financial history, with significant swings in revenue and expenses over the past five years. For instance, revenue jumped from $203,325 in 2015 to over $1 million in 2014, before settling at $316,423 in the latest period. Despite these fluctuations, the organization consistently reports minimal liabilities ($1 across all filings), indicating a healthy balance sheet in terms of debt. The foundation's assets have grown substantially from $429,631 in 2015 to $1,387,343 currently, suggesting effective asset management or significant contributions. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising.