Is Washington State College Of Ohio Foundation Legit?
Quick charity verification for Washington State College Of Ohio Foundation (EIN: 134219667)
Verdict: Washington State College Of Ohio Foundation appears trustworthy
92/100Mission Score
$1.0MRevenue
$2.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, more than doubling from $924,876 in 2014 to $2,120,819 in 2023.
0% officer compensation across all filings, indicating volunteer leadership and high efficiency.
Expenses consistently lower than revenue, allowing for healthy asset accumulation.
Strong financial health with a solid asset base relative to its annual revenue.
Regular and transparent IRS 990 filings over a long period (12 filings).
Spending Breakdown
How Washington State College Of Ohio Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Washington State College Of Ohio Foundation
Is Washington State College Of Ohio Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington State College Of Ohio Foundation (EIN: 134219667) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Washington State College Of Ohio Foundation a good charity to donate to?
Washington State College Of Ohio Foundation has a Mission Score of 92/100. Revenue: $1.0M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Washington State College Of Ohio Foundation?
The Employer Identification Number (EIN) for Washington State College Of Ohio Foundation is 134219667. 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 Washington State College Of Ohio Foundation spend its money?
Washington State College Of Ohio Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Washington State College Of Ohio Foundation's tax-exempt status?
You can verify Washington State College Of Ohio Foundation's tax-exempt status using EIN 134219667 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 Washington State College Of Ohio Foundation demonstrates consistent financial growth and appears to be fiscally responsible. Over the past decade, its assets have steadily increased from $924,876 in 2014 to $2,120,819 in 2023, indicating effective asset management and endowment building. Revenue has fluctuated but generally trended upwards, with the latest reported revenue at $362,819 in 2023. The organization consistently spends less than its revenue, allowing for asset accumulation.
The foundation's spending efficiency is commendable, as evidenced by its low expense ratios relative to revenue. For instance, in 2023, expenses were $267,379 against revenues of $362,819, suggesting a significant portion of funds are retained or directly applied to program services. The absence of reported officer compensation across all filings is a strong indicator of volunteer leadership, which enhances spending efficiency and transparency. This practice suggests that administrative costs are likely kept very low, maximizing the impact of donations towards its educational mission.
Transparency is high given the consistent filing of IRS Form 990s and the clear financial trends. The lack of officer compensation further reinforces a commitment to directing resources towards its mission rather than executive salaries. The foundation's financial health appears robust, with a solid asset base and a history of managing expenses effectively, positioning it well to support Washington State College of Ohio.