Is Sylvia And Rip Williams Charitable Foundation Inc Legit?
Quick charity verification for Sylvia And Rip Williams Charitable Foundation Inc (EIN: 141866661)
Verdict: Sylvia And Rip Williams Charitable Foundation Inc appears trustworthy
90/100Mission Score
$288KRevenue
$3.2MAssets
1Red Flags
4Strengths
Red Flags
Consistent net operating deficit (expenses exceeding revenue) indicates reliance on asset drawdowns, though this is typical for private foundations.
Strengths
0% officer compensation, indicating high efficiency and volunteer leadership.
Consistent IRS 990 filing history demonstrates strong transparency.
Minimal liabilities (consistently $0 or $1) suggests sound financial management.
Clear operational model as a private grantmaking foundation.
Spending Breakdown
How Sylvia And Rip Williams Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Sylvia And Rip Williams Charitable Foundation Inc
Is Sylvia And Rip Williams Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sylvia And Rip Williams Charitable Foundation Inc (EIN: 141866661) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Sylvia And Rip Williams Charitable Foundation Inc a good charity to donate to?
Sylvia And Rip Williams Charitable Foundation Inc has a Mission Score of 90/100. Revenue: $288K. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sylvia And Rip Williams Charitable Foundation Inc?
The Employer Identification Number (EIN) for Sylvia And Rip Williams Charitable Foundation Inc is 141866661. 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 Sylvia And Rip Williams Charitable Foundation Inc spend its money?
Sylvia And Rip Williams Charitable Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sylvia And Rip Williams Charitable Foundation Inc's tax-exempt status?
You can verify Sylvia And Rip Williams Charitable Foundation Inc's tax-exempt status using EIN 141866661 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 Sylvia And Rip Williams Charitable Foundation Inc. appears to be a private foundation, as indicated by its consistent revenue and expense patterns, and the NTEE code T22 (Private Grantmaking Foundations). The organization consistently spends more than it brings in through revenue, as seen in the 202406 period where revenue was $150,853 and expenses were $296,258, and similarly in 202306 with $141,361 in revenue against $298,928 in expenses. This suggests it is drawing down on its assets to fund its grantmaking activities, which is typical for a private foundation. Its assets have steadily declined over the years, from $4,406,398 in 201206 to $3,286,200 in 202406, further supporting this operational model.
The foundation demonstrates strong financial transparency through its consistent filing of IRS Form 990s. A significant positive is the reported 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a grantmaking entity. The low liabilities (consistently $0 or $1) also point to sound financial management and minimal debt. While specific program spending percentages aren't detailed in the provided summary, the nature of a private foundation implies that the majority of its expenses are grants to other organizations, which would be considered program spending.