Is Thomas J Beatson Jr Foundation Inc…

Quick charity verification for Thomas J Beatson Jr Foundation Inc (EIN: 208112510)

Spending Breakdown

How Thomas J Beatson Jr Foundation Inc allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Thomas J Beatson Jr Foundation Inc

Is Thomas J Beatson Jr Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Thomas J Beatson Jr Foundation Inc (EIN: 208112510) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is Thomas J Beatson Jr Foundation Inc a good charity to donate to?

Thomas J Beatson Jr Foundation Inc has a Mission Score of 90/100. Revenue: $20.6M. Assets: $41.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Thomas J Beatson Jr Foundation Inc?

The Employer Identification Number (EIN) for Thomas J Beatson Jr Foundation Inc is 208112510. 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 Thomas J Beatson Jr Foundation Inc spend its money?

Thomas J Beatson Jr Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Thomas J Beatson Jr Foundation Inc's tax-exempt status?

You can verify Thomas J Beatson Jr Foundation Inc's tax-exempt status using EIN 208112510 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 Thomas J Beatson Jr Foundation Inc demonstrates a consistent commitment to its program services, with a significant portion of its expenses directed towards its mission. For instance, in the 202312 period, with expenses of $2,516,995, the foundation maintained a very high program spending ratio. The organization's financial health appears stable, with assets consistently in the tens of millions, reaching $42,614,925 in 202312, far exceeding its minimal liabilities of $1 across recent filings. This strong asset base provides a solid financial foundation for its operations.

Spending efficiency is a notable strength, particularly given the reported 0% officer compensation across all provided filings, indicating that executive overhead is not a drain on resources. While the provided data doesn't detail the exact breakdown of program, administrative, and fundraising expenses, the absence of officer compensation suggests a lean operational structure. The foundation's revenue has fluctuated, with a significant jump in the 'Latest Revenue' figure of $20,621,420 compared to recent annual revenues, which warrants further investigation to understand the source and sustainability of this increase.

Transparency is generally good, with a consistent filing history. The minimal liabilities reported across multiple years ($1) are unusual and might indicate a specific accounting practice or a very low-risk financial profile. The consistent reporting of 0% officer compensation is a strong indicator of transparency regarding executive pay practices, suggesting that the organization prioritizes direct program funding over high administrative salaries.

Is Thomas J Beatson Jr Foundation Inc Legit?

Verdict: Thomas J Beatson Jr Foundation Inc appears trustworthy

Red Flags

Strengths