Quick charity verification for Sriver Foundation (EIN: 203821480)
Verdict: Sriver Foundation appears trustworthy
85/100Mission Score
$485KRevenue
$1.3MAssets
1Red Flags
3Strengths
Red Flags
Consistent trend of expenses exceeding revenue in recent years (e.g., 2023: $73,019 expenses vs. $47,632 revenue; 2022: $113,566 expenses vs. $42,341 revenue), which could deplete assets if sustained without sufficient investment returns.
Strengths
Strong asset base, consistently over $1.1 million, providing financial stability and capacity for grantmaking.
Zero reported officer compensation across all filings, indicating excellent financial stewardship and a focus on mission over executive pay.
Consistent filing history (10 filings), demonstrating transparency and compliance with IRS regulations.
Spending Breakdown
How Sriver 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 Sriver Foundation
Is Sriver Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sriver Foundation (EIN: 203821480) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Sriver Foundation a good charity to donate to?
Sriver Foundation has a Mission Score of 85/100. Revenue: $485K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sriver Foundation?
The Employer Identification Number (EIN) for Sriver Foundation is 203821480. 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 Sriver Foundation spend its money?
Sriver Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sriver Foundation's tax-exempt status?
You can verify Sriver Foundation's tax-exempt status using EIN 203821480 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 Sriver Foundation demonstrates consistent financial stability with assets generally increasing over the past decade, reaching $1,281,813 in the latest period. However, recent years show a trend of expenses exceeding revenue, such as in 2023 where expenses were $73,019 against revenues of $47,632, and in 2022 with expenses of $113,566 against revenues of $42,341. This indicates a reliance on prior year surpluses or investment income to cover operational costs, which while not immediately critical given their asset base, warrants monitoring for long-term sustainability.
The organization exhibits strong transparency regarding executive compensation, consistently reporting 0% officer compensation across all available filings. This suggests that the foundation is either volunteer-led at the executive level or compensates its leadership through other means not categorized as officer compensation on the 990, which is a positive indicator for donor trust. Their NTEE code T22 (Private Grantmaking Foundations) suggests their primary activity is making grants, which typically involves lower direct program expenses compared to direct service charities.
Given the nature of a private grantmaking foundation, a significant portion of their 'program' spending would be the grants themselves. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely determine the efficiency of their grantmaking operations versus administrative overhead. However, the consistent asset growth and zero officer compensation are strong points for financial health and transparency.