Is T Beck Foundation Legit?

Quick charity verification for T Beck Foundation (EIN: 205969040)

Verdict: T Beck Foundation appears trustworthy

85/100Mission Score

$616KRevenue

$1.8MAssets

1Red Flags

5Strengths

Red Flags

Significant revenue volatility, including a negative revenue year in 2022.

Strengths

Consistent asset growth over the past decade, reaching $1,817,321 in 2023.
Extremely low and stable operating expenses relative to assets and revenue.
Zero reported officer compensation, indicating high efficiency or volunteer leadership.
Minimal liabilities, demonstrating strong financial health and low risk.
Strong rebound in revenue in 2023 ($429,338) after a negative year.

Spending Breakdown

How T Beck Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

15%

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 T Beck Foundation

Is T Beck Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, T Beck Foundation (EIN: 205969040) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is T Beck Foundation a good charity to donate to?

T Beck Foundation has a Mission Score of 85/100. Revenue: $616K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for T Beck Foundation?

The Employer Identification Number (EIN) for T Beck Foundation is 205969040. 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 T Beck Foundation spend its money?

T Beck Foundation allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify T Beck Foundation's tax-exempt status?

You can verify T Beck Foundation's tax-exempt status using EIN 205969040 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 T Beck Foundation demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $1,817,321 in 2023. The organization's revenue has fluctuated significantly, with a notable negative revenue of $-55,275 in 2022, followed by a strong rebound to $429,338 in 2023. Expenses have remained relatively low and stable, typically around $100,000-$120,000 annually in recent years, which suggests efficient operational management given their asset base. The foundation's liabilities are minimal, often reported as $1 or $0, indicating a healthy balance sheet and low financial risk.

The foundation's spending efficiency appears strong, as expenses are consistently well below revenue in most profitable years, allowing for asset accumulation. The absence of reported officer compensation across all filings is a significant indicator of either a volunteer-led organization or one where compensation is covered by other means, which can contribute to lower administrative costs. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency and program focus is challenging. The NTEE code T22 (Private Grantmaking Foundations) suggests their primary activity is grantmaking, which inherently has different operational cost structures than direct service charities.

Transparency is good regarding the availability of 990 filings and the clear reporting of key financial metrics like revenue, expenses, and assets. The consistent reporting of zero officer compensation enhances trust. However, the lack of detailed functional expense reporting in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. For a private foundation, the focus is often on the grants made, and the low expense base suggests that a high percentage of available funds, after operational costs, are likely directed towards their charitable purpose.

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Disclaimer

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