Is Webb Family Foundation Legit?

Strengths

Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
Substantial asset base ($21,694,078 in 202312) provides long-term financial stability for grantmaking activities.
Strong program focus, as evidenced by the nature of a grantmaking foundation and the absence of significant fundraising expenses.
Healthy asset-to-expense ratio, demonstrating capacity to cover operational costs and grants.
Long filing history (10 filings) indicates established operations and consistent compliance.

Spending Breakdown

How Webb Family Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Webb Family Foundation

Is Webb Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Webb Family Foundation (EIN: 200864199) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Webb Family Foundation a good charity to donate to?

Webb Family Foundation has a Mission Score of 92/100. Revenue: $25.8M. Assets: $20.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Webb Family Foundation?

The Employer Identification Number (EIN) for Webb Family Foundation is 200864199. 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 Webb Family Foundation spend its money?

Webb Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Webb Family Foundation's tax-exempt status?

You can verify Webb Family Foundation's tax-exempt status using EIN 200864199 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 Webb Family Foundation demonstrates a strong commitment to its programmatic mission, as evidenced by its consistent financial activity. In the latest reported period (202312), the organization incurred expenses of $2,189,770 against revenues of $1,733,755, indicating a period of spending down some of its accumulated assets to support its activities. Over the past several years, the foundation has shown significant fluctuations in revenue, with a notable peak of $18,185,345 in 202112 and $15,190,773 in 202212, suggesting reliance on substantial contributions or investment gains. Its asset base has also varied, reaching a high of $38,280,921 in 202212 before settling at $21,694,078 in 202312, indicating active management of its endowment to fund operations.

The foundation's financial health appears robust, supported by a substantial asset base relative to its annual expenses. The absence of reported officer compensation across all filings suggests either a volunteer-led executive structure or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. However, the consistent reporting of zero officer compensation is a positive indicator of efficient use of funds directly for charitable purposes. The organization's NTEE code T20 (Foundations, Grantmaking & Giving) aligns with its operational model of distributing funds.

Overall, the Webb Family Foundation appears to be a well-managed grantmaking organization with a clear focus on its mission. Its financial transparency is good, particularly concerning executive compensation, and its spending patterns reflect a dedication to its charitable objectives. The fluctuations in revenue and assets are typical for foundations that rely on investment returns and large donations, and the foundation has maintained a healthy asset-to-expense ratio throughout its history.

Verdict: Webb Family Foundation appears trustworthy