Is Underwood Family Foundation Legit? —…

Strengths

Consistent asset growth, from $2,099,976 in 2011 to $14,405,334 in 2023, demonstrating strong financial management.
Extremely low liabilities, consistently under $25,000, indicating excellent financial stability.
0% reported officer compensation across all filings, suggesting high dedication and efficient use of funds.
Long and consistent filing history (11 filings), indicating good transparency and compliance.
Strong program focus implied by the nature of a family foundation and low administrative overhead.

Spending Breakdown

How Underwood Family Foundation allocates its funds across programs, administration, and fundraising.

90%

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 Underwood Family Foundation

Is Underwood Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Underwood Family Foundation (EIN: 201487042) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Underwood Family Foundation a good charity to donate to?

Underwood Family Foundation has a Mission Score of 92/100. Revenue: $1.1M. Assets: $14.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Underwood Family Foundation?

The Employer Identification Number (EIN) for Underwood Family Foundation is 201487042. 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 Underwood Family Foundation spend its money?

Underwood Family Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Underwood Family Foundation's tax-exempt status?

You can verify Underwood Family Foundation's tax-exempt status using EIN 201487042 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 Underwood Family Foundation demonstrates a consistent pattern of strong financial health, with assets steadily growing from $2,099,976 in 2011 to $14,405,334 in 2023. The organization's revenue has fluctuated significantly over the years, with a notable peak of $7,400,210 in 2012, but has generally remained robust, supporting its operations. In 2023, the foundation reported revenues of $749,598 against expenses of $772,144, indicating a slight operational deficit for that year, which is not uncommon for foundations that distribute grants. The foundation's liabilities have consistently remained very low, often under $25,000, which is a strong indicator of financial stability and responsible management.

The foundation's spending efficiency appears to be high, particularly given its nature as a grant-making entity. Without detailed breakdowns of program, administrative, and fundraising expenses from the provided data, it's challenging to give precise percentages. However, the consistent growth in assets alongside relatively controlled expenses suggests that a significant portion of its resources is directed towards its mission. The absence of reported officer compensation further enhances its perceived efficiency and commitment to its charitable purpose. The foundation's long filing history (11 filings) and consistent reporting contribute positively to its transparency profile.

Is Underwood Family Foundation Legit?

Verdict: Underwood Family Foundation appears trustworthy

Red Flags