Quick charity verification for The Easton Foundation Inc (EIN: 133190220)
Verdict: The Easton Foundation Inc appears trustworthy
85/100Mission Score
$14.8MRevenue
$168.0MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown in provided data makes program efficiency difficult to fully ascertain.
Significant asset growth with relatively low and stable expenses could indicate a focus on endowment building over immediate program deployment, depending on mission.
Strengths
Strong and consistent asset growth, from $46.7M in 2011 to $167.9M currently.
Very low overall expense ratio relative to revenue, indicating fiscal prudence (e.g., 27% in 2023).
Consistent reporting of 0% officer compensation, suggesting minimal executive overhead.
Stable liabilities over many years, indicating sound financial management.
Spending Breakdown
How The Easton Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Easton Foundation Inc
Is The Easton Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Easton Foundation Inc (EIN: 133190220) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is The Easton Foundation Inc a good charity to donate to?
The Easton Foundation Inc has a Mission Score of 85/100. Revenue: $14.8M. Assets: $168.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Easton Foundation Inc?
The Employer Identification Number (EIN) for The Easton Foundation Inc is 133190220. 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 Easton Foundation Inc spend its money?
The Easton Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Easton Foundation Inc's tax-exempt status?
You can verify The Easton Foundation Inc's tax-exempt status using EIN 133190220 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 Easton Foundation Inc demonstrates strong financial health with consistently growing assets, reaching $167,988,083 in the latest period. Revenue has fluctuated over the years, with a notable high of $31,051,135 in 2011 and $19,729,837 in 2021, but has remained substantial, at $10,423,820 in 2023. The organization consistently reports very low expenses relative to its revenue and assets, for example, $2,836,534 in expenses against $10,423,820 in revenue in 2023. This suggests a significant focus on asset growth and endowment management rather than direct program spending relative to its financial capacity.
The spending efficiency appears exceptionally high, with expenses often representing a small fraction of revenue. For instance, in 2023, expenses were only about 27% of revenue. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess the efficiency of its charitable activities. The consistent reporting of zero officer compensation across all available filings indicates a high level of transparency regarding executive pay, or that executive functions are performed by unpaid individuals or through other entities.
Overall, The Easton Foundation Inc appears to be a well-managed organization with a strong financial base and a clear pattern of asset accumulation. The lack of detailed expense categorization in the provided data makes a precise assessment of program spending efficiency difficult, but the low overall expense ratio is a positive indicator of fiscal prudence. The zero officer compensation is a significant positive for transparency.