Is Steven J & Patricia A Andersen…

Quick charity verification for Steven J & Patricia A Andersen Foundation (EIN: 202067632)

Spending Breakdown

How Steven J & Patricia A Andersen Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Steven J & Patricia A Andersen Foundation

Is Steven J & Patricia A Andersen Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Steven J & Patricia A Andersen Foundation (EIN: 202067632) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Steven J & Patricia A Andersen Foundation a good charity to donate to?

Steven J & Patricia A Andersen Foundation has a Mission Score of 85/100. Revenue: $210K. Assets: $4K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Steven J & Patricia A Andersen Foundation?

The Employer Identification Number (EIN) for Steven J & Patricia A Andersen Foundation is 202067632. 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 Steven J & Patricia A Andersen Foundation spend its money?

Steven J & Patricia A Andersen Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Steven J & Patricia A Andersen Foundation's tax-exempt status?

You can verify Steven J & Patricia A Andersen Foundation's tax-exempt status using EIN 202067632 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 Steven J & Patricia A Andersen Foundation appears to be a small private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and consistent low asset base relative to its revenue. The organization consistently reports very low assets, often around $1,000-$5,000, despite annual revenues ranging from $15,915 to $250,000 over the past decade. This suggests a pass-through model where funds are granted out quickly, rather than accumulating significant endowments. The foundation consistently reports zero officer compensation across all available filings, which is a positive indicator for donor confidence regarding administrative overhead related to executive pay.

Financially, the foundation generally operates near break-even, with expenses closely tracking revenue. For instance, in 2023, revenue was $115,906 and expenses were $116,060, resulting in a slight deficit. Similar patterns are observed in most years, indicating that the foundation is distributing nearly all its incoming funds. The extremely low liabilities (often $1) across all periods suggest sound financial management with minimal debt. However, the lack of detailed expense breakdowns beyond total expenses in the provided data makes it difficult to assess spending efficiency in terms of program vs. administrative costs.

Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero officer compensation is a strong point. However, without a more granular breakdown of expenses (e.g., program service expenses, management and general expenses, fundraising expenses), a full assessment of spending efficiency and program focus is challenging. The very low asset base and near break-even operations suggest that the foundation is actively distributing funds rather than holding them.

Is Steven J & Patricia A Andersen Foundation Legit?

Verdict: Steven J & Patricia A Andersen Foundation appears trustworthy

Red Flags

Strengths