Quick charity verification for Vogel Family Foundation Inc (EIN: 202015587)
Verdict: Vogel Family Foundation Inc appears trustworthy
95/100Mission Score
$2.1MRevenue
$9.9MAssets
1Red Flags
5Strengths
Red Flags
Unusually low reported liabilities across all periods (often $0 or $1), which could indicate simplified reporting or a highly liquid financial structure.
Strengths
Consistent asset growth, from $3,574,087 in 2011 to $9,190,840 in 2023.
Zero reported officer compensation across all filings, indicating high volunteer engagement or extremely lean administrative costs.
Strong financial efficiency with expenses consistently well below revenue, e.g., $774,618 expenses vs. $2,259,674 revenue in 2023.
Long and consistent IRS 990 filing history (10 filings), demonstrating transparency and compliance.
Significant revenue generation, with latest revenue at $2,074,437, supporting its grantmaking capacity.
Spending Breakdown
How Vogel 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 Vogel Family Foundation Inc
Is Vogel Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vogel Family Foundation Inc (EIN: 202015587) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Vogel Family Foundation Inc a good charity to donate to?
Vogel Family Foundation Inc has a Mission Score of 95/100. Revenue: $2.1M. Assets: $9.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vogel Family Foundation Inc?
The Employer Identification Number (EIN) for Vogel Family Foundation Inc is 202015587. 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 Vogel Family Foundation Inc spend its money?
Vogel 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 Vogel Family Foundation Inc's tax-exempt status?
You can verify Vogel Family Foundation Inc's tax-exempt status using EIN 202015587 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 Vogel Family Foundation Inc. demonstrates strong financial health, consistently growing its assets over the past decade, reaching $9,190,840 in 2023. The foundation operates with remarkable spending efficiency, as evidenced by its low expense ratios relative to revenue. For instance, in 2023, expenses were $774,618 against a revenue of $2,259,674, indicating a significant portion of revenue is retained or used for program activities. The organization's transparency is high, particularly given its consistent filing of IRS Form 990s and the explicit reporting of 0% officer compensation across all available filings, which is a strong indicator of a volunteer-led or very lean administrative structure. The foundation's primary focus appears to be grantmaking, aligning with its NTEE code for Private Grantmaking Foundations, and its financial patterns suggest a well-managed endowment strategy.