Is Surf Point Foundation Trust Agree 04 07 88 Legit?
Quick charity verification for Surf Point Foundation Trust Agree 04 07 88 (EIN: 16084742)
Verdict: Surf Point Foundation Trust Agree 04 07 88 appears trustworthy
70/100Mission Score
$621KRevenue
$3.4MAssets
2Red Flags
2Strengths
Red Flags
Significant year-over-year financial volatility in revenue and assets, making consistent financial planning challenging.
Sudden increase in liabilities to $27,577 in 2020 after years of minimal or no liabilities, requiring further investigation.
Strengths
Consistent reporting of 0% officer compensation, indicating no executive salaries are paid.
Substantial asset growth from $429 in 2015 to $14,438,995 in 2020, suggesting successful asset accumulation.
Spending Breakdown
How Surf Point Foundation Trust Agree 04 07 88 allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
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 Surf Point Foundation Trust Agree 04 07 88
Is Surf Point Foundation Trust Agree 04 07 88 a legitimate charity?
Based on AI analysis of IRS 990 filings, Surf Point Foundation Trust Agree 04 07 88 (EIN: 16084742) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
Is Surf Point Foundation Trust Agree 04 07 88 a good charity to donate to?
Surf Point Foundation Trust Agree 04 07 88 has a Mission Score of 70/100. Revenue: $621K. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Surf Point Foundation Trust Agree 04 07 88?
The Employer Identification Number (EIN) for Surf Point Foundation Trust Agree 04 07 88 is 16084742. 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 Surf Point Foundation Trust Agree 04 07 88 spend its money?
Surf Point Foundation Trust Agree 04 07 88 allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Surf Point Foundation Trust Agree 04 07 88's tax-exempt status?
You can verify Surf Point Foundation Trust Agree 04 07 88's tax-exempt status using EIN 16084742 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
Surf Point Foundation Trust Agree 04 07 88 exhibits a fluctuating financial profile, with significant variations in revenue and assets over the years. For instance, revenue jumped from $2,882 in 2015 to $2,384,916 in 2019, then decreased to $423,223 in 2020. Similarly, assets saw a substantial increase from $429 in 2015 to $14,438,995 in 2020, indicating periods of substantial growth and asset accumulation. The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator for donor confidence regarding executive pay. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The significant liabilities reported in 2020 ($27,577) compared to previous years (often $0 or $1) warrant further investigation to understand their nature and impact on financial stability. Overall, while the absence of officer compensation is a strength, the variability in financial metrics and limited expense detail suggest a need for deeper scrutiny into operational efficiency and financial management practices.