Is The David And Carol Van Andel Family Foundation Legit?
Quick charity verification for The David And Carol Van Andel Family Foundation (EIN: 202110420)
Verdict: The David And Carol Van Andel Family Foundation appears trustworthy
90/100Mission Score
$18.8MRevenue
$111.6MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth, from $66.1M in 2011 to $109.8M in 2023.
No reported officer compensation across all filings, maximizing funds for mission.
Low liabilities, consistently under $40,000, indicating strong financial management.
Robust asset base significantly exceeding annual expenses, ensuring long-term sustainability.
Spending Breakdown
How The David And Carol Van Andel Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 David And Carol Van Andel Family Foundation
Is The David And Carol Van Andel Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The David And Carol Van Andel Family Foundation (EIN: 202110420) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is The David And Carol Van Andel Family Foundation a good charity to donate to?
The David And Carol Van Andel Family Foundation has a Mission Score of 90/100. Revenue: $18.8M. Assets: $111.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The David And Carol Van Andel Family Foundation?
The Employer Identification Number (EIN) for The David And Carol Van Andel Family Foundation is 202110420. 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 David And Carol Van Andel Family Foundation spend its money?
The David And Carol Van Andel Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The David And Carol Van Andel Family Foundation's tax-exempt status?
You can verify The David And Carol Van Andel Family Foundation's tax-exempt status using EIN 202110420 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 David And Carol Van Andel Family Foundation demonstrates a consistent pattern of significant asset growth, increasing from $66.1 million in 2011 to $109.8 million in 2023. This indicates strong financial stewardship and investment performance. While revenue has fluctuated, with a high of $16.1 million in 2019 and a low of $1.8 million in 2015, the foundation consistently maintains a robust asset base far exceeding its annual expenses. For instance, in 2023, assets were $109.8 million against expenses of $6.9 million, suggesting a well-endowed organization capable of sustained grantmaking.
The foundation's spending efficiency appears to be focused on its programmatic mission, as indicated by the absence of reported officer compensation across all available filings. This suggests that administrative costs related to executive salaries are either absorbed by other entities or are exceptionally low, allowing a greater proportion of funds to be directed towards its charitable purpose. The consistent low liabilities, such as $34,493 in 2023, further underscore sound financial management and minimal debt.
Transparency is generally good, with consistent annual filings available. The lack of reported officer compensation is a notable positive for transparency regarding executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses within the provided data, a precise assessment of spending efficiency ratios is challenging. The overall financial health, characterized by substantial assets and low liabilities, is strong.