Quick charity verification for Vera Grace Greenlaw Trust (EIN: 16080221)
Verdict: Vera Grace Greenlaw Trust appears trustworthy
75/100Mission Score
$154KRevenue
$556KAssets
3Red Flags
4Strengths
Red Flags
Unknown NTEE Code, limiting understanding of mission focus
Unusual consistent reporting of $1 in liabilities across multiple years
Significant revenue volatility, including negative revenue in 202304, indicating potential reliance on unpredictable investment returns
Strengths
Consistent filing history over a decade, indicating regulatory compliance
Zero officer compensation, contributing to low administrative costs
Stable asset base, generally above $500,000, providing financial security
Low and stable expense levels, typically between $30,000-$40,000 annually
Spending Breakdown
How Vera Grace Greenlaw Trust allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Vera Grace Greenlaw Trust
Is Vera Grace Greenlaw Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Vera Grace Greenlaw Trust (EIN: 16080221) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Vera Grace Greenlaw Trust a good charity to donate to?
Vera Grace Greenlaw Trust has a Mission Score of 75/100. Revenue: $154K. Assets: $556K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vera Grace Greenlaw Trust?
The Employer Identification Number (EIN) for Vera Grace Greenlaw Trust is 16080221. 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 Vera Grace Greenlaw Trust spend its money?
Vera Grace Greenlaw Trust allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vera Grace Greenlaw Trust's tax-exempt status?
You can verify Vera Grace Greenlaw Trust's tax-exempt status using EIN 16080221 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 Vera Grace Greenlaw Trust demonstrates consistent financial stability with assets generally above $500,000, reaching $574,918 in the latest filing period (202404). The organization's revenue has fluctuated significantly, including a negative revenue of $-10,161 in 202304, which suggests reliance on investment performance or other non-program income. However, expenses have remained relatively stable, typically in the $30,000-$40,000 range annually. The trust consistently reports zero officer compensation, indicating a volunteer-led or externally managed structure, which contributes to low administrative overhead. The consistent reporting of $1 in liabilities across recent filings is unusual and may warrant further investigation into accounting practices, though it does not appear to indicate significant financial risk.
Spending efficiency is high, primarily due to the absence of officer compensation and generally low overall expenses relative to assets. Without a detailed breakdown of program vs. administrative expenses in the provided data, it's challenging to precisely quantify program spending efficiency. However, the consistent low expense base suggests that a significant portion of available funds, after covering operational costs, is likely directed towards the trust's charitable purpose. The organization's transparency is moderate; while it files its IRS 990s, the NTEE code is unknown, and specific program details are not provided in this summary, making it difficult to fully assess its mission alignment and impact. The consistent filing history over a decade indicates a commitment to regulatory compliance.
Overall, the trust appears to be a financially sound entity with a conservative spending approach. Its long-term asset base provides a strong foundation, and the lack of executive compensation is a positive indicator of efficient resource allocation. The primary area for improved transparency would be a clearer articulation of its program activities and how its expenses directly contribute to its mission, as well as clarification on the consistent $1 liability reporting.