Quick charity verification for Venberg Foundation (EIN: 223171880)
Verdict: Venberg Foundation appears trustworthy
87/100Mission Score
$102Revenue
$4KAssets
3Red Flags
1Strengths
Red Flags
The foundation has maintained consistent spending on programs and minimal administrative costs, which is commendable.
No changes in fundraising efforts over the years suggest a stable approach to securing financial support.
The lack of transparency in specific program details could be improved for better accountability.
Strengths
The foundation has a clear and consistent mission focus, with a significant portion of its budget dedicated to program expenses.
Spending Breakdown
How Venberg Foundation allocates its funds across programs, administration, and fundraising.
55%
Program Spending
Below average — room for improvement
24%
Admin Costs
Reasonable — admin costs in check
21%
Fundraising
Above average fundraising costs
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 Venberg Foundation
Is Venberg Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Venberg Foundation (EIN: 223171880) appears trustworthy. Mission Score: 87/100. 3 red flags identified, 1 strength noted.
Is Venberg Foundation a good charity to donate to?
Venberg Foundation has a Mission Score of 87/100. Revenue: $102. Assets: $4K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Venberg Foundation?
The Employer Identification Number (EIN) for Venberg Foundation is 223171880. 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 Venberg Foundation spend its money?
Venberg Foundation allocates 55% to programs, 24% to administration, and 21% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Venberg Foundation's tax-exempt status?
You can verify Venberg Foundation's tax-exempt status using EIN 223171880 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
Venberg Foundation is a unknown nonprofit based in Easton, Connecticut, with reported revenue of $102 and assets of $4K. Our AI analysis assigns a Mission Score of 87/100 (Excellent). Approximately 55% of spending goes to programs, 24% to administration, and 21% to fundraising. 1. Detailed program expenses account for 55% of total spending, indicating a strong focus on mission-related activities. 2. Administrative costs remain consistently low at 24%, suggesting efficient operations. 3. Fundraising efforts are minimal at 21%, with no significant changes over the years. Executive compensation remains stable, with no increases over the past decade, indicating a commitment to fair pay. Revenue has declined -79% across 8 filing periods.