Quick charity verification for Titus Foundation (EIN: 203466900)
Verdict: Titus Foundation appears trustworthy
85/100Mission Score
$19.7MRevenue
$31.8MAssets
2Red Flags
4Strengths
Red Flags
Significant disparity between revenue and expenses leading to large asset accumulation, which may indicate funds are not being fully deployed for current programmatic needs.
Consistent $0 officer compensation for an organization with $19.6 million in revenue and $31.7 million in assets is unusual and could warrant further investigation into how leadership is supported or compensated.
Strengths
Exceptional financial stability with assets growing from $2.7 million to $31.7 million over a decade.
Extremely low liabilities, consistently reported as $1, indicating strong financial management and minimal debt.
Zero reported officer compensation, suggesting a highly volunteer-driven leadership or a strong commitment to minimizing executive overhead.
High efficiency in retaining funds, as expenses are consistently much lower than revenue, contributing to a robust endowment for future activities.
Spending Breakdown
How Titus Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Titus Foundation
Is Titus Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Titus Foundation (EIN: 203466900) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Titus Foundation a good charity to donate to?
Titus Foundation has a Mission Score of 85/100. Revenue: $19.7M. Assets: $31.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Titus Foundation?
The Employer Identification Number (EIN) for Titus Foundation is 203466900. 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 Titus Foundation spend its money?
Titus Foundation allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Titus Foundation's tax-exempt status?
You can verify Titus Foundation's tax-exempt status using EIN 203466900 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 Titus Foundation demonstrates strong financial health, with assets growing significantly from $2.7 million in 2011 to $31.7 million currently. The organization consistently reports minimal liabilities ($1 across all filings), indicating a very stable financial position. Revenue has fluctuated, with a notable peak of $8.8 million in 2021 and $7.3 million in 2022, but the latest reported revenue of $19.6 million suggests a substantial increase in financial activity. The foundation's spending efficiency appears high, as expenses are consistently much lower than revenue in most recent years, leading to substantial asset accumulation.
Regarding spending efficiency, the foundation's expenses have generally been a small fraction of its revenue, particularly in recent years. For example, in 2022, expenses were $1.03 million against $7.32 million in revenue, and in 2021, $1.05 million against $8.86 million in revenue. This pattern suggests that a significant portion of incoming funds is being retained and added to assets rather than being spent on programs or operations in the same fiscal year. The consistent reporting of $0 in officer compensation across all filings indicates a high level of transparency and a commitment to minimizing administrative overhead related to executive pay.
Overall, the Titus Foundation exhibits robust financial growth and a very conservative approach to spending relative to its income. The minimal liabilities and zero officer compensation are strong indicators of financial prudence and transparency. However, the large disparity between revenue and expenses, leading to significant asset growth, might warrant further inquiry into the timing and nature of its programmatic disbursements, as the NTEE code T22 (Private Grantmaking Foundations) implies grant distribution as a primary activity.