Quick charity verification for The Chase Family Foundation (EIN: 222743634)
Verdict: The Chase Family Foundation shows mixed signals
45/100Mission Score
$139KRevenue
$267KAssets
3Red Flags
3Strengths
Red Flags
Expenses frequently exceed revenue, raising questions about long-term sustainability without significant asset drawdowns or new funding sources.
The lack of detailed program descriptions in available data makes it difficult to assess the impact of their program spending.
Significant fluctuations in assets and expenses without clear explanations could indicate inconsistent operational planning.
Strengths
Consistent reporting of $0 executive compensation demonstrates a commitment to minimizing administrative overhead.
The foundation has maintained operations over several years, indicating a dedicated volunteer base.
Recent asset growth in 2023 to $352,637 suggests a potential for increased future program capacity.
Spending Breakdown
How The Chase Family Foundation allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
25%
Admin Costs
Reasonable — admin costs in check
25%
Fundraising
Above average fundraising costs
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 Chase Family Foundation
Is The Chase Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Chase Family Foundation (EIN: 222743634) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
Is The Chase Family Foundation a good charity to donate to?
The Chase Family Foundation has a Mission Score of 45/100. Revenue: $139K. Assets: $267K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Chase Family Foundation?
The Employer Identification Number (EIN) for The Chase Family Foundation is 222743634. 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 Chase Family Foundation spend its money?
The Chase Family Foundation allocates 50% to programs, 25% to administration, and 25% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Chase Family Foundation's tax-exempt status?
You can verify The Chase Family Foundation's tax-exempt status using EIN 222743634 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 Chase Family Foundation is a unknown nonprofit based in Riverside, Rhode Island, with reported revenue of $139K and assets of $267K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 50% of spending goes to programs, 25% to administration, and 25% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting an entirely volunteer-run operation. Revenue has grown +2162% across 10 filing periods.