Is The Josey Foundation Legit?

Red Flags

Consistent operating deficits: Expenses have exceeded revenue in most recent years (e.g., $1,769 expenses vs. $1,200 revenue in 202306).
Significant decline in revenue: Revenue dropped from $81,663 in 201306 to $1,200 in 202306.
Shrinking asset base: Assets have decreased from $119,251 in 201306 to $14,419 in 202306.
Lack of detailed expense breakdown: The summary does not provide a breakdown of expenses into program, administrative, and fundraising categories, limiting financial analysis.

Spending Breakdown

How The Josey Foundation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Josey Foundation

Is The Josey Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Josey Foundation (EIN: 205822871) has notable concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.

Is The Josey Foundation a good charity to donate to?

The Josey Foundation has a Mission Score of 30/100. Revenue: $1K. Assets: $14K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Josey Foundation?

The Employer Identification Number (EIN) for The Josey Foundation is 205822871. 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 Josey Foundation spend its money?

The Josey Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Josey Foundation's tax-exempt status?

You can verify The Josey Foundation's tax-exempt status using EIN 205822871 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 Josey Foundation exhibits a concerning financial trend with consistent operating deficits in recent years. In the latest filing (202306), expenses of $1,769 exceeded revenue of $1,200, continuing a pattern seen in 202206 ($1,623 expenses vs. $1,638 revenue, a slight surplus) and 202106 ($1,776 expenses vs. $1,264 revenue). This indicates the organization is spending more than it takes in, leading to a decline in assets from a high of $119,251 in 201306 to $14,419 in 202306. The organization's revenue has also significantly decreased from $81,663 in 201306 to just $1,200 in 202306, raising questions about its long-term sustainability and fundraising effectiveness. The consistent reporting of $0 for officer compensation suggests a volunteer-led structure, which can be a positive for efficiency if operations are well-managed, but in this case, it's coupled with declining financial health.

Given the available data, it's difficult to assess spending efficiency without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary. However, the consistent net losses and shrinking asset base are significant indicators of financial instability. The organization's transparency is moderate, as it consistently files its IRS 990s, but the lack of detailed expense allocation limits a full understanding of where funds are being directed. The NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, but with such low revenue and assets, its impact would be minimal.

Verdict: The Josey Foundation has notable concerns