Is The Neil And Ginny Gerald Charitable Family Foundation Legit?
Quick charity verification for The Neil And Ginny Gerald Charitable Family Foundation (EIN: 20762172)
Verdict: The Neil And Ginny Gerald Charitable Family Foundation appears trustworthy
92/100Mission Score
$554KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $69,214 in 2011 to $1,071,717 currently, indicating strong financial stewardship.
Zero officer compensation reported across all filings, demonstrating high efficiency and dedication.
Minimal liabilities ($1 in recent years), indicating strong financial health and low debt.
Strong program spending focus, typical for a private foundation, with funds directed towards charitable purposes.
Positive net revenue in most years, allowing for reinvestment and growth of the endowment.
Spending Breakdown
How The Neil And Ginny Gerald Charitable Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Neil And Ginny Gerald Charitable Family Foundation
Is The Neil And Ginny Gerald Charitable Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Neil And Ginny Gerald Charitable Family Foundation (EIN: 20762172) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is The Neil And Ginny Gerald Charitable Family Foundation a good charity to donate to?
The Neil And Ginny Gerald Charitable Family Foundation has a Mission Score of 92/100. Revenue: $554K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Neil And Ginny Gerald Charitable Family Foundation?
The Employer Identification Number (EIN) for The Neil And Ginny Gerald Charitable Family Foundation is 20762172. 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 Neil And Ginny Gerald Charitable Family Foundation spend its money?
The Neil And Ginny Gerald Charitable Family Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Neil And Ginny Gerald Charitable Family Foundation's tax-exempt status?
You can verify The Neil And Ginny Gerald Charitable Family Foundation's tax-exempt status using EIN 20762172 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 Neil And Ginny Gerald Charitable Family Foundation demonstrates a generally healthy financial position, with assets consistently growing over the past decade, reaching $1,071,717 in the latest filing. Revenue has shown significant fluctuations, from a low of $-4,437 in 2014 to a high of $514,253 in 2023, indicating reliance on variable funding sources, likely large donations or investment returns given its foundation structure. The organization consistently reports minimal liabilities ($1 in recent years), suggesting strong financial management and low debt risk.
Spending efficiency appears strong, particularly in recent years. For example, in 2023, expenses were $332,063 against revenue of $514,253, allowing for substantial asset growth. The absence of officer compensation across all reported periods is a significant positive indicator of efficiency and dedication of leadership, as it means all funds are directed towards the foundation's charitable purpose or asset growth. As a private foundation (implied by NTEE T20 and asset growth patterns), its primary function is often grant-making, which inherently leads to high program spending.
Transparency is generally good, with consistent IRS 990 filings. The lack of officer compensation simplifies the financial picture and removes a common area of concern for donors. The consistent growth in assets, from $69,214 in 2011 to over $1 million currently, reflects effective stewardship of funds, building a robust endowment to support future charitable activities. The foundation's financial health appears solid, with a clear focus on asset accumulation and deployment for its mission.