Is The Stewart Legacy Foundation Legit? —…

Quick charity verification for The Stewart Legacy Foundation (EIN: 208229881)

Spending Breakdown

How The Stewart Legacy 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 Stewart Legacy Foundation

Is The Stewart Legacy Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Stewart Legacy Foundation (EIN: 208229881) has notable concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.

Is The Stewart Legacy Foundation a good charity to donate to?

The Stewart Legacy Foundation has a Mission Score of 30/100. Revenue: $30K. Assets: $10K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Stewart Legacy Foundation?

The Employer Identification Number (EIN) for The Stewart Legacy Foundation is 208229881. 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 Stewart Legacy Foundation spend its money?

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

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

You can verify The Stewart Legacy Foundation's tax-exempt status using EIN 208229881 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 Stewart Legacy Foundation exhibits a concerning financial trend, with revenues consistently falling short of expenses over the past decade. For instance, in 2023, revenue was a mere $85 against expenses of $2,475, and in 2022, revenue was $751 compared to $38,419 in expenses. This persistent deficit spending has led to a significant decline in assets, from $614,729 in 2011 to $11,562 in 2023. While the organization reports 0% officer compensation, which is a positive for transparency regarding executive pay, the overall financial sustainability is highly questionable given the consistent net losses.

The organization's spending efficiency is difficult to assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the substantial and continuous decline in assets, coupled with minimal revenue generation in recent years, suggests that the organization is struggling to maintain its operations. The lack of detailed expense categories in the provided data limits a full analysis of how efficiently funds are being allocated to its mission.

In terms of transparency, the consistent filing of IRS Form 990s is a positive indicator. The reported 0% officer compensation is also a transparent disclosure. However, the financial health itself raises questions about the organization's long-term viability and impact, which are critical aspects of overall transparency for potential donors or beneficiaries.

Is The Stewart Legacy Foundation Legit?

Verdict: The Stewart Legacy Foundation has notable concerns

Red Flags

Strengths