Is Venice Presbyterian Church Foundation Inc Legit?
Quick charity verification for Venice Presbyterian Church Foundation Inc (EIN: 203654776)
Verdict: Venice Presbyterian Church Foundation Inc appears trustworthy
90/100Mission Score
$1.4MRevenue
$1.7MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Extremely low administrative expenses ($1,346 in 202312) relative to revenue and assets.
No officer compensation reported in the 202312 filing, indicating volunteer leadership or highly efficient management.
Strong financial stability with $1,722,821 in assets and $0 liabilities.
Significant asset growth demonstrated by the difference between revenue and expenses in the 202312 filing.
Spending Breakdown
How Venice Presbyterian Church Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Venice Presbyterian Church Foundation Inc
Is Venice Presbyterian Church Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Venice Presbyterian Church Foundation Inc (EIN: 203654776) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Venice Presbyterian Church Foundation Inc a good charity to donate to?
Venice Presbyterian Church Foundation Inc has a Mission Score of 90/100. Revenue: $1.4M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Venice Presbyterian Church Foundation Inc?
The Employer Identification Number (EIN) for Venice Presbyterian Church Foundation Inc is 203654776. 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 Venice Presbyterian Church Foundation Inc spend its money?
Venice Presbyterian Church Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Venice Presbyterian Church Foundation Inc's tax-exempt status?
You can verify Venice Presbyterian Church Foundation Inc's tax-exempt status using EIN 203654776 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
Venice Presbyterian Church Foundation Inc appears to be in a strong financial position, as evidenced by its latest revenue of $1,445,866 and assets of $1,722,821. The most recent 990 filing (Period 202312) shows revenue of $663,865 against very low expenses of $1,346, resulting in a significant increase in net assets. This indicates a focus on asset growth and potentially endowment management rather than extensive program spending in that specific period. The organization's liabilities are reported as $0, further solidifying its financial stability. The absence of officer compensation reported in the 202312 filing suggests a volunteer-led or very lean administrative structure, which is a positive indicator for donor confidence and efficient use of funds.