Is Wadsworth Brothers Charitablefoundation Legit?

Quick charity verification for Wadsworth Brothers Charitablefoundation (EIN: 208096411)

Verdict: Wadsworth Brothers Charitablefoundation appears trustworthy

70/100Mission Score
$297KRevenue
$599KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Wadsworth Brothers Charitablefoundation allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Wadsworth Brothers Charitablefoundation

Is Wadsworth Brothers Charitablefoundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Wadsworth Brothers Charitablefoundation (EIN: 208096411) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Wadsworth Brothers Charitablefoundation a good charity to donate to?

Wadsworth Brothers Charitablefoundation has a Mission Score of 70/100. Revenue: $297K. Assets: $599K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wadsworth Brothers Charitablefoundation?

The Employer Identification Number (EIN) for Wadsworth Brothers Charitablefoundation is 208096411. 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 Wadsworth Brothers Charitablefoundation spend its money?

Wadsworth Brothers Charitablefoundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wadsworth Brothers Charitablefoundation's tax-exempt status?

You can verify Wadsworth Brothers Charitablefoundation's tax-exempt status using EIN 208096411 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

Wadsworth Brothers Charitablefoundation demonstrates a mixed financial picture. While the organization has consistently maintained low liabilities (typically $1), indicating good financial management in that regard, its revenue and expense patterns are highly volatile. For instance, in 2023, the organization reported revenue of $237,380 against minimal expenses of $915, suggesting a significant accumulation of assets. However, in 2022, expenses ($188,292) far outstripped revenue ($69,781), leading to a decrease in assets. The organization's assets have fluctuated significantly over the years, from a high of $628,962 in 2011 to a low of $102,781 in 2022, before rebounding to $339,246 in 2023. This volatility makes it challenging to assess long-term financial stability without further context on their grant-making activities or program expenditures. The efficiency of spending is difficult to fully ascertain from the provided data, as detailed breakdowns of program, administrative, and fundraising expenses are not explicitly available beyond total expenses. However, the extremely low expenses in certain years (e.g., $915 in 2023, $924 in 2021) compared to revenue suggest that a large portion of funds might be held or invested rather than immediately disbursed for programs. The consistent reporting of zero officer compensation across all filings indicates a commitment to minimizing overhead in that specific area. Transparency appears adequate in terms of filing IRS Form 990s consistently, but the lack of detailed expense categorization limits a deeper understanding of their operational efficiency and program impact.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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