Strong financial health with revenue consistently exceeding expenses in recent periods (e.g., 202312: Revenue=$533,109, Expenses=$110,484).
Spending Breakdown
How Vernon G & Sandra J C Buchanan Family Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Vernon G & Sandra J C Buchanan Family Foundation Inc
Is Vernon G & Sandra J C Buchanan Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vernon G & Sandra J C Buchanan Family Foundation Inc (EIN: 203963153) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is Vernon G & Sandra J C Buchanan Family Foundation Inc a good charity to donate to?
Vernon G & Sandra J C Buchanan Family Foundation Inc has a Mission Score of 92/100. Revenue: $778K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vernon G & Sandra J C Buchanan Family Foundation Inc?
The Employer Identification Number (EIN) for Vernon G & Sandra J C Buchanan Family Foundation Inc is 203963153. 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 Vernon G & Sandra J C Buchanan Family Foundation Inc spend its money?
Vernon G & Sandra J C Buchanan Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vernon G & Sandra J C Buchanan Family Foundation Inc's tax-exempt status?
You can verify Vernon G & Sandra J C Buchanan Family Foundation Inc's tax-exempt status using EIN 203963153 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 Vernon G & Sandra J C Buchanan Family Foundation Inc demonstrates strong financial health and a clear commitment to its programmatic mission, particularly in recent years. With latest reported revenue of $778,216 and assets of $1,867,806, the foundation has shown significant growth, especially since 2020 when revenue was only $4,711. The organization consistently reports zero officer compensation, indicating a volunteer-led or very lean administrative structure, which contributes positively to its spending efficiency. Its liabilities have remained minimal, often reported as $1, suggesting sound financial management and low debt burden.
The foundation's spending efficiency appears excellent, with expenses in the latest period (202312) at $110,484 against revenue of $533,109, indicating a substantial portion of revenue is retained or directed towards future programs. While specific program spending details aren't provided in the summary data, the low overall expenses and absence of executive compensation suggest a high percentage of funds are likely allocated to grants or direct charitable activities. The consistent growth in assets from $182,812 in 2020 to $1,396,689 in 2023 further underscores its financial stability and capacity to fulfill its mission over time. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) aligns with its operational profile as a family foundation.
Transparency is generally good given the consistent filing of IRS Form 990s over a decade. The absence of officer compensation is a key indicator of transparency and a focus on mission over personal gain. The consistent reporting of minimal liabilities also reflects a straightforward financial structure. While more detailed breakdowns of program vs. administrative costs would enhance transparency further, the overall financial picture suggests a well-managed and mission-focused organization.