Quick charity verification for Sky Dragon Foundation Inc (EIN: 200852181)
Verdict: Sky Dragon Foundation Inc has notable concerns
35/100Mission Score
$3KRevenue
$89KAssets
4Red Flags
2Strengths
Red Flags
Consistent negative net income (expenses exceeding revenue) in recent years, indicating financial unsustainability.
Dramatic decline in revenue from $91,613 in 2012 to $2,719 in 2023.
Significant depletion of assets from $672,249 in 2011 to $89,020 in 2023.
Very low current revenue ($2,719 in 2023) for an organization that previously managed much larger sums.
Strengths
Consistent filing of IRS Form 990, indicating a commitment to regulatory compliance.
Reported zero officer compensation across all filings, suggesting a potentially volunteer-driven leadership.
Spending Breakdown
How Sky Dragon Foundation Inc allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
10%
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 Sky Dragon Foundation Inc
Is Sky Dragon Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sky Dragon Foundation Inc (EIN: 200852181) has notable concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
Is Sky Dragon Foundation Inc a good charity to donate to?
Sky Dragon Foundation Inc has a Mission Score of 35/100. Revenue: $3K. Assets: $89K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sky Dragon Foundation Inc?
The Employer Identification Number (EIN) for Sky Dragon Foundation Inc is 200852181. 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 Sky Dragon Foundation Inc spend its money?
Sky Dragon Foundation Inc allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sky Dragon Foundation Inc's tax-exempt status?
You can verify Sky Dragon Foundation Inc's tax-exempt status using EIN 200852181 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 Sky Dragon Foundation Inc. appears to be in a state of significant financial decline, with its latest reported revenue of $2,719 in 2023 being a stark contrast to its peak of $91,613 in 2012. Expenses have consistently outstripped revenue in recent years, with $8,935 in expenses against $2,719 in revenue in 2023, indicating an unsustainable operational model. The organization's assets have also diminished substantially, from $672,249 in 2011 to $89,020 in 2023, suggesting a depletion of reserves without corresponding income.
The financial data indicates a very small operational scale in recent years, with minimal revenue and expenses. The consistent reporting of zero officer compensation across all available filings suggests either an entirely volunteer-run organization or a lack of transparency regarding executive benefits if they exist in other forms. Given the minimal financial activity, assessing spending efficiency in terms of program vs. administrative costs is challenging without more detailed expense breakdowns, which are not provided in this summary data. The organization's transparency is moderate, as it consistently files its IRS Form 990, but the lack of detailed expense categories limits a deeper analysis of its spending priorities.