Is University Of The Andes Foundation Inc Legit?

Quick charity verification for University Of The Andes Foundation Inc (EIN: 133082248)

Verdict: University Of The Andes Foundation Inc appears trustworthy

75/100Mission Score

$3.0MRevenue

$9.0MAssets

3Red Flags

3Strengths

Red Flags

Inconsistent revenue generation with significant year-over-year fluctuations (e.g., $8.8M in 2017 to $0.2M in 2019).
Frequent deficit spending where expenses exceed revenue (e.g., 2023, 2022, 2021, 2020, 2019), indicating reliance on reserves.
Lack of detailed functional expense breakdown in provided data makes it difficult to assess true spending efficiency.

Strengths

Consistent reporting of 0% officer compensation, indicating strong transparency regarding executive pay.
Maintains substantial assets ($8,993,856 in 2023) providing financial stability despite revenue volatility.
Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.

Spending Breakdown

How University Of The Andes Foundation Inc 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 University Of The Andes Foundation Inc

Is University Of The Andes Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, University Of The Andes Foundation Inc (EIN: 133082248) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is University Of The Andes Foundation Inc a good charity to donate to?

University Of The Andes Foundation Inc has a Mission Score of 75/100. Revenue: $3.0M. Assets: $9.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for University Of The Andes Foundation Inc?

The Employer Identification Number (EIN) for University Of The Andes Foundation Inc is 133082248. 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 University Of The Andes Foundation Inc spend its money?

University Of The Andes Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify University Of The Andes Foundation Inc's tax-exempt status?

You can verify University Of The Andes Foundation Inc's tax-exempt status using EIN 133082248 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 University Of The Andes Foundation Inc. exhibits inconsistent financial performance over the past several years, with significant fluctuations in revenue and expenses. For example, revenue dropped from $8,864,704 in 2017 to $233,261 in 2019, then rebounded to $2,158,813 in 2021 before declining again. The organization frequently reports expenses exceeding revenue, as seen in 2023 ($1,567,528 expenses vs. $1,524,794 revenue) and 2022 ($1,135,970 expenses vs. $570,412 revenue), indicating a reliance on prior year assets or other funding sources. While assets have generally remained robust, peaking at $12,864,855 in 2018, the consistent deficit spending raises questions about long-term financial sustainability if revenue trends do not stabilize.

The organization's transparency is commendable regarding executive compensation, as it consistently reports 0% officer compensation across all available filings. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor trust. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The NTEE code T12 (International, Foreign Affairs & National Security) suggests a focus on international educational support, which typically involves direct program grants or scholarships.

Despite the revenue volatility, the foundation maintains substantial assets, with $8,993,856 in 2023, providing a buffer against operational deficits. The liabilities have also shown fluctuations, reaching a high of $3,822,965 in 2021, which warrants attention. Overall, while the lack of officer compensation is a strong point for transparency, the erratic revenue and expense patterns, coupled with consistent deficit spending in recent years, suggest a need for more stable financial planning and clearer reporting on functional expenses to fully evaluate efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.