Is Tony Stewart Foundation Inc Legit? —…

Spending Breakdown

How Tony Stewart Foundation Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Tony Stewart Foundation Inc

Is Tony Stewart Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Tony Stewart Foundation Inc (EIN: 200160286) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Tony Stewart Foundation Inc a good charity to donate to?

Tony Stewart Foundation Inc has a Mission Score of 90/100. Revenue: $1.7M. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Tony Stewart Foundation Inc?

The Employer Identification Number (EIN) for Tony Stewart Foundation Inc is 200160286. 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 Tony Stewart Foundation Inc spend its money?

Tony Stewart Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Tony Stewart Foundation Inc's tax-exempt status?

You can verify Tony Stewart Foundation Inc's tax-exempt status using EIN 200160286 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 Tony Stewart Foundation Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. Over the past several years, the organization has maintained a healthy asset base, with assets consistently above $2.5 million, reaching $3,219,446 in its latest reported period. While revenue has fluctuated, the foundation has generally managed its expenses effectively, often operating with a surplus or a manageable deficit. For instance, in 2022, revenue was $943,750 against expenses of $720,360, indicating sound financial management. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, and a notable absence of officer compensation reported across all periods, which is a strong indicator of volunteer leadership and efficient use of funds for charitable purposes.

However, the most recent filing (202312) shows expenses of $849,712 exceeding revenue of $620,047, resulting in a deficit for that period. While this single year's deficit is not alarming given the organization's substantial assets, it warrants monitoring to ensure long-term financial stability. The foundation's liabilities have remained relatively low, indicating good fiscal control. Overall, the Tony Stewart Foundation appears to be a well-managed organization with a strong focus on its programmatic goals and a high degree of financial transparency, particularly regarding executive compensation.

Is Tony Stewart Foundation Inc Legit?

Verdict: Tony Stewart Foundation Inc appears trustworthy

Red Flags

Strengths