Is The Ken And Jan Shannon Family Foundation Legit?
Quick charity verification for The Ken And Jan Shannon Family Foundation (EIN: 200438918)
Verdict: The Ken And Jan Shannon Family Foundation appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Discrepancy in latest reported revenue and assets compared to historical data, suggesting a significant change or data anomaly.
Lack of NTEE code, making it difficult to categorize and compare the organization's mission and activities.
Strengths
Historically high program spending, with expenses closely matching revenue (e.g., 201506: $440,000 revenue vs. $441,540 expenses).
Consistently low liabilities, typically $1, indicating strong financial health and minimal debt.
No reported officer compensation, suggesting a strong commitment to directing funds towards the mission.
Spending Breakdown
How The Ken And Jan Shannon Family Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Ken And Jan Shannon Family Foundation
Is The Ken And Jan Shannon Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Ken And Jan Shannon Family Foundation (EIN: 200438918) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is The Ken And Jan Shannon Family Foundation a good charity to donate to?
The Ken And Jan Shannon Family Foundation has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Ken And Jan Shannon Family Foundation?
The Employer Identification Number (EIN) for The Ken And Jan Shannon Family Foundation is 200438918. 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 Ken And Jan Shannon Family Foundation spend its money?
The Ken And Jan Shannon Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Ken And Jan Shannon Family Foundation's tax-exempt status?
You can verify The Ken And Jan Shannon Family Foundation's tax-exempt status using EIN 200438918 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 Ken And Jan Shannon Family Foundation appears to be a private foundation, as indicated by its consistent revenue streams and asset holdings over the years, despite the latest filing showing $0 revenue and assets. This discrepancy suggests the provided 'Latest Revenue' and 'Assets' might be from an incomplete or specific type of filing, or the foundation has ceased operations or significantly changed its structure. Historically, the foundation has maintained a relatively stable financial position, with revenues ranging from $100,000 to $550,000 and expenses closely tracking revenue, indicating a consistent distribution strategy. For instance, in 201506, revenue was $440,000 and expenses were $441,540, showing nearly all incoming funds were distributed. The foundation consistently reports minimal liabilities, typically $1, which is a positive indicator of financial stability and low debt burden. The absence of officer compensation across all reported periods suggests that the foundation's leadership is either unpaid or compensated through other means not reported in this section, which can be a sign of strong donor intent for funds to go directly to programs, or it could indicate a lack of transparency if compensation is indeed occurring but not disclosed.