Quick charity verification for The Ibis Foundation (EIN: 203503202)
Verdict: The Ibis Foundation appears trustworthy
85/100Mission Score
$2.7MRevenue
$17.6MAssets
2Red Flags
4Strengths
Red Flags
Inconsistent revenue generation year-over-year
Expenses exceeding revenue in multiple recent periods (2023, 2021, 2020)
Strengths
Substantial and growing asset base ($17,613,118 latest)
Consistently low to zero liabilities across all filings
0% reported officer compensation, indicating efficient use of funds at the executive level
Long and consistent IRS 990 filing history (10 filings)
Spending Breakdown
How The Ibis Foundation 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 Ibis Foundation
Is The Ibis Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Ibis Foundation (EIN: 203503202) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is The Ibis Foundation a good charity to donate to?
The Ibis Foundation has a Mission Score of 85/100. Revenue: $2.7M. Assets: $17.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Ibis Foundation?
The Employer Identification Number (EIN) for The Ibis Foundation is 203503202. 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 Ibis Foundation spend its money?
The Ibis Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Ibis Foundation's tax-exempt status?
You can verify The Ibis Foundation's tax-exempt status using EIN 203503202 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 Ibis Foundation demonstrates a consistent financial presence with substantial assets, currently at $17,613,118. However, its financial health shows some volatility in recent years. In 2023, expenses ($702,954) slightly exceeded revenue ($692,183), and a similar trend was observed in 2021 and 2020. This indicates periods where the organization is spending more than it brings in, potentially drawing from its significant asset base. The organization's liabilities have remained very low across all reported periods, often at $0 or $1, which is a positive indicator of financial stability and low debt burden.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent reporting of 0% officer compensation across all filings suggests a highly efficient use of funds at the executive level, or that executive roles are filled by unpaid volunteers. This is a strong positive for donor confidence. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activities involve grantmaking, which typically has lower direct program delivery costs but requires robust administrative oversight.
Transparency appears to be strong given the consistent filing history and the clear reporting of key financial metrics. The absence of officer compensation is a notable point of transparency, indicating either a volunteer-led executive team or that compensation is structured in a way that doesn't appear as direct officer pay on the 990, though the former is more likely given the consistent 0%. The organization's substantial assets relative to its annual revenue suggest a well-endowed foundation, which can provide long-term stability for its philanthropic endeavors.