Quick charity verification for The Cloud Foundation (EIN: 201740623)
Verdict: The Cloud Foundation appears trustworthy
92/100Mission Score
$375KRevenue
$547KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program vs. administrative vs. fundraising expense breakdown in provided summary data (though 0% officer comp is a strong positive)
Strengths
Consistent financial surpluses in recent years (e.g., $135,603 in 202312)
0% officer compensation reported across all filings, indicating high efficiency and dedication to mission
Healthy and growing asset base ($581,450 in 202312)
Low liabilities relative to assets ($3,408 in 202312)
Consistent filing of IRS Form 990s, demonstrating transparency
Spending Breakdown
How The Cloud Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Cloud Foundation
Is The Cloud Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Cloud Foundation (EIN: 201740623) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is The Cloud Foundation a good charity to donate to?
The Cloud Foundation has a Mission Score of 92/100. Revenue: $375K. Assets: $547K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Cloud Foundation?
The Employer Identification Number (EIN) for The Cloud Foundation is 201740623. 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 Cloud Foundation spend its money?
The Cloud Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Cloud Foundation's tax-exempt status?
You can verify The Cloud Foundation's tax-exempt status using EIN 201740623 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 Cloud Foundation demonstrates generally sound financial health, with consistent revenue streams and a healthy asset base. In the most recent filing (202312), the organization reported revenues of $484,155 against expenses of $348,552, indicating a surplus that contributes to its growing assets, which stood at $581,450. This trend of positive net income in recent years (e.g., $7,539 in 202212 and $80,013 in 202112) suggests effective financial management and sustainability.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that resources are likely being directed towards programmatic activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 13 periods and the clear reporting of financial metrics. The consistent 0% officer compensation also contributes to a perception of transparency and dedication to mission. The organization's financial stability, coupled with its commitment to not compensating officers, suggests a well-managed and mission-focused entity.