Quick charity verification for Veiled Prophet Foundation (EIN: 200008046)
Verdict: Veiled Prophet Foundation appears trustworthy
90/100Mission Score
$611KRevenue
$938KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $115,082 in 2013 to $937,704 currently, indicating strong financial health.
No reported officer compensation across all 12 filings, demonstrating volunteer leadership and efficient use of funds.
Positive net income in most years, such as $267,641 in 2021 (Revenue $353,278 - Expenses $85,637), contributing to asset accumulation.
Strong revenue growth, with the latest reported revenue at $611,332, suggesting increasing support and capacity.
Consistent IRS 990 filing history, indicating good transparency and compliance.
Spending Breakdown
How Veiled Prophet Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Veiled Prophet Foundation
Is Veiled Prophet Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Veiled Prophet Foundation (EIN: 200008046) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Veiled Prophet Foundation a good charity to donate to?
Veiled Prophet Foundation has a Mission Score of 90/100. Revenue: $611K. Assets: $938K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Veiled Prophet Foundation?
The Employer Identification Number (EIN) for Veiled Prophet Foundation is 200008046. 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 Veiled Prophet Foundation spend its money?
Veiled Prophet Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Veiled Prophet Foundation's tax-exempt status?
You can verify Veiled Prophet Foundation's tax-exempt status using EIN 200008046 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 Veiled Prophet Foundation demonstrates generally sound financial health, with a consistent trend of increasing assets over the past decade, growing from $115,082 in 2013 to $937,704 currently. Revenue has also shown significant growth, particularly in recent years, with the latest reported revenue at $611,332. The organization appears to manage its expenses effectively, as evidenced by positive net income in most years, contributing to its asset accumulation. For instance, in 2021, revenue was $353,278 against expenses of $85,637, indicating a substantial surplus.
Spending efficiency is a key area for assessment. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent positive net income suggests that overall expenses are well-managed relative to revenue. The absence of officer compensation reported across all filings indicates a volunteer-led executive structure, which can contribute to lower administrative overhead and higher efficiency in resource allocation towards the mission. This is a strong positive indicator for donor confidence.
Transparency is generally good, with a consistent filing history of 12 IRS 990 forms. The public availability of these filings allows for scrutiny of financial operations. The lack of reported officer compensation further enhances transparency by showing that executive leadership is not drawing salaries from the organization's funds. The organization's NTEE code S20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests a focus on supporting other charitable activities, which aligns with a foundation's typical operational model.