Quick charity verification for The Carol A Ammon Foundation (EIN: 202029151)
Verdict: The Carol A Ammon Foundation appears trustworthy
75/100Mission Score
$163KRevenue
$3.8MAssets
3Red Flags
3Strengths
Red Flags
Significant decline in total assets from $22.4M in 2015 to $3.7M in 2022.
Expenses ($6,477,915 in 2022) consistently exceeding revenue ($163,018 in 2022) in recent years, indicating reliance on asset drawdowns.
Large fluctuations in annual revenue and expenses, making financial planning and impact assessment challenging.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
Minimal liabilities reported across all filings, suggesting sound debt management.
Substantial asset base, even after decline, provides a foundation for future grantmaking.
Spending Breakdown
How The Carol A Ammon Foundation 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 The Carol A Ammon Foundation
Is The Carol A Ammon Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Carol A Ammon Foundation (EIN: 202029151) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is The Carol A Ammon Foundation a good charity to donate to?
The Carol A Ammon Foundation has a Mission Score of 75/100. Revenue: $163K. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Carol A Ammon Foundation?
The Employer Identification Number (EIN) for The Carol A Ammon Foundation is 202029151. 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 The Carol A Ammon Foundation spend its money?
The Carol A Ammon Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Carol A Ammon Foundation's tax-exempt status?
You can verify The Carol A Ammon Foundation's tax-exempt status using EIN 202029151 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 Carol A Ammon Foundation exhibits a fluctuating financial profile, with significant variations in revenue and expenses over the past several years. In 2022, the foundation reported revenue of $163,018 against expenses of $6,477,915, indicating a substantial deficit for the year. This follows a similar trend in 2021 where expenses ($17,119,372) far exceeded revenue ($6,097,174). While the foundation holds substantial assets, reported at $3,773,572 in 2022, these assets have significantly declined from a peak of over $22 million in 2019 and 2015, suggesting substantial distributions or asset depreciation. The consistent reporting of $0 officer compensation across all available filings indicates a strong commitment to minimizing administrative overhead related to executive pay, which is a positive sign for transparency and efficiency in that specific area.
The foundation's financial health appears to be in a period of significant change, with a notable reduction in assets and a pattern of expenses often exceeding revenue in recent years. While the lack of officer compensation is commendable, a deeper analysis of the nature of the large expenses relative to program activities would be necessary to fully assess spending efficiency. The consistent reporting of minimal liabilities ($1 in recent years) suggests good financial management in terms of debt, but the overall trend of declining assets and high expenses warrants closer scrutiny to understand the long-term sustainability and impact of its operations.