Quick charity verification for W Parsons Todd Foundation Inc (EIN: 136116488)
Verdict: W Parsons Todd Foundation Inc appears trustworthy
75/100Mission Score
$959KRevenue
$3.9MAssets
3Red Flags
4Strengths
Red Flags
Consistent net losses, with expenses frequently exceeding revenue (e.g., $277,637 expenses vs. $29,646 revenue in 202312).
Declining asset base over the past decade, from $4,797,388 in 201312 to $3,785,339 in 202312.
Lack of detailed expense breakdown (program vs. admin/fundraising) in summary data, making efficiency analysis difficult.
Strengths
No reported officer compensation across all filings, indicating efficient use of funds regarding executive pay.
Consistently low liabilities, often $1 or $0, demonstrating strong financial management of debt.
Long history of IRS 990 filings (10 filings), indicating transparency in reporting.
Stable expense levels over many years, suggesting consistent operational capacity.
Spending Breakdown
How W Parsons Todd Foundation Inc 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 W Parsons Todd Foundation Inc
Is W Parsons Todd Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, W Parsons Todd Foundation Inc (EIN: 136116488) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is W Parsons Todd Foundation Inc a good charity to donate to?
W Parsons Todd Foundation Inc has a Mission Score of 75/100. Revenue: $959K. Assets: $3.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for W Parsons Todd Foundation Inc?
The Employer Identification Number (EIN) for W Parsons Todd Foundation Inc is 136116488. 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 W Parsons Todd Foundation Inc spend its money?
W Parsons Todd Foundation Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify W Parsons Todd Foundation Inc's tax-exempt status?
You can verify W Parsons Todd Foundation Inc's tax-exempt status using EIN 136116488 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 W Parsons Todd Foundation Inc appears to be a grant-making organization, as indicated by its consistent expenses and fluctuating revenue, often showing net losses. In the latest period (202312), the organization reported revenue of $29,646 against expenses of $277,637, resulting in a significant deficit. This pattern of expenses consistently exceeding revenue is common for foundations that primarily disburse funds from an endowment rather than actively fundraise for operational costs. The organization's assets have shown a gradual decline from a peak of $4,797,388 in 201312 to $3,785,339 in 202312, suggesting that it is drawing down its principal to cover expenses and grants.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, the consistent expense levels (around $200,000-$280,000 annually) suggest a stable operational base. The absence of reported officer compensation across all filings indicates either a volunteer-led board or compensation below reporting thresholds, which can be a positive sign for donor confidence regarding executive pay. The organization's liabilities are consistently minimal, indicating good financial management in terms of debt.
Transparency is generally good given the availability of 10 years of IRS 990 filings. However, without specific program details or a breakdown of expenses beyond total expenses, it's challenging to fully understand the impact of its grants or the efficiency of its operations. The lack of an NTEE code also makes it harder to benchmark against similar organizations. Overall, the foundation appears to be a stable, albeit slowly diminishing, grant-making entity with a focus on its mission, as evidenced by consistent disbursements and no reported executive compensation.