Consistent filing of IRS Form 990s over ten periods, indicating good regulatory compliance and transparency.
Spending Breakdown
How Simmons 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 Simmons Foundation Inc
Is Simmons Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Simmons Foundation Inc (EIN: 10277832) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Simmons Foundation Inc a good charity to donate to?
Simmons Foundation Inc has a Mission Score of 85/100. Revenue: $1.6M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Simmons Foundation Inc?
The Employer Identification Number (EIN) for Simmons Foundation Inc is 10277832. 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 Foundation Inc spend its money?
Simmons Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Simmons Foundation Inc's tax-exempt status?
You can verify Simmons Foundation Inc's tax-exempt status using EIN 10277832 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 Foundation Inc. demonstrates a generally stable financial position with assets consistently above $2.4 million over the past decade, reaching $3,331,940 in the latest filing. While revenue has fluctuated, including a significant negative revenue in 2022 (-$571,792), the organization has managed its expenses, which have remained relatively consistent, typically between $168,880 and $230,576 annually. The foundation's liabilities are consistently low, indicating good financial management and minimal debt burden. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can contribute to higher program spending efficiency.
Spending efficiency appears strong, as the organization's expenses are well-managed relative to its asset base. The lack of detailed functional expense breakdowns in the provided data makes a precise assessment of program versus administrative spending challenging. However, the consistent low expenses and zero officer compensation imply that a significant portion of funds, after covering operational costs, is likely directed towards its mission. The foundation's consistent filing of IRS Form 990s over ten periods indicates a commitment to regulatory transparency.
Overall, the Simmons Foundation Inc. appears to be a financially sound organization with a conservative spending approach and a strong balance sheet. The fluctuations in revenue, particularly the negative revenue in 2022, warrant further investigation to understand their nature (e.g., investment losses, asset revaluation) but do not seem to have destabilized the organization given its consistent asset base and low liabilities. The absence of officer compensation is a notable positive for efficiency.