Is Skywords Family Foundation Inc A New Corporation Legit?

Quick charity verification for Skywords Family Foundation Inc A New Corporation (EIN: 201247525)

Verdict: Skywords Family Foundation Inc A New Corporation shows mixed signals

65/100Mission Score
$3.0MRevenue
$92.0MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Skywords Family Foundation Inc A New Corporation allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Skywords Family Foundation Inc A New Corporation

Is Skywords Family Foundation Inc A New Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Skywords Family Foundation Inc A New Corporation (EIN: 201247525) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Skywords Family Foundation Inc A New Corporation a good charity to donate to?

Skywords Family Foundation Inc A New Corporation has a Mission Score of 65/100. Revenue: $3.0M. Assets: $92.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Skywords Family Foundation Inc A New Corporation?

The Employer Identification Number (EIN) for Skywords Family Foundation Inc A New Corporation is 201247525. 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 Skywords Family Foundation Inc A New Corporation spend its money?

Skywords Family Foundation Inc A New Corporation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Skywords Family Foundation Inc A New Corporation's tax-exempt status?

You can verify Skywords Family Foundation Inc A New Corporation's tax-exempt status using EIN 201247525 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

Skywords Family Foundation Inc A New Corporation exhibits a complex financial picture. While the organization holds substantial assets, totaling $92,016,330 in its latest filing, its recent operational performance shows a trend of expenses exceeding revenue. For instance, in 2023, expenses were $3,839,303 against revenues of $1,931,453, and in 2022, expenses were $4,147,697 against a mere $29,859 in revenue. This consistent deficit spending, particularly in the last three reported periods, raises questions about the sustainability of its current operational model, especially for a foundation with such significant assets. The foundation's NTEE code T22 suggests it is a private grantmaking foundation, which typically distributes funds rather than directly operating programs. The lack of reported officer compensation across all filings indicates either a fully volunteer-run leadership or compensation is structured in a way that isn't reported as officer compensation on the 990, which could impact transparency. Given its substantial asset base, the foundation has the capacity to make significant grants, but the recent trend of declining assets from a peak of over $102 million in 2020 to $92 million currently, coupled with consistent operational deficits, warrants closer scrutiny.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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