Is Task Foundation Legit?

Spending Breakdown

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

70%

Program Spending

Below average — room for improvement

20%

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 Task Foundation

Is Task Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Task Foundation (EIN: 131968353) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Task Foundation a good charity to donate to?

Task Foundation has a Mission Score of 45/100. Revenue: $353K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Task Foundation?

The Employer Identification Number (EIN) for Task Foundation is 131968353. 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 Task Foundation spend its money?

Task Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Task Foundation's tax-exempt status?

You can verify Task Foundation's tax-exempt status using EIN 131968353 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

Task Foundation exhibits a concerning trend of consistent operating deficits, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $276,272 against revenues of $170,537, and similar patterns are observed in prior years. This has led to a steady decline in assets, from $4,917,188 in 2011 to $2,565,460 in 2023. While the organization reports 0% officer compensation across all filings, which suggests good stewardship in that area, the overall financial health is challenged by its inability to generate sufficient revenue to cover its operational costs. The lack of detailed spending breakdowns in the provided data makes it difficult to assess spending efficiency beyond the top-line figures.

The organization's transparency regarding executive compensation is excellent, with no reported officer compensation. However, the consistent decline in assets over more than a decade, coupled with persistent operating losses, raises questions about the long-term sustainability and effectiveness of its financial model. The significant negative revenue reported in 2012 ($-316,286) alongside very high expenses ($1,627,771) is a notable anomaly that warrants further investigation to understand its nature and impact on the organization's financial trajectory. Without more granular expense data, it's challenging to determine if the spending is effectively directed towards programs or if administrative costs are disproportionately high.

Verdict: Task Foundation shows mixed signals

Red Flags

Strengths