Low to no reported liabilities across all years, demonstrating sound financial management.
High percentage of expenses dedicated to programs, reflecting a strong commitment to mission.
Spending Breakdown
How Wellesley Education Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Wellesley Education Foundation Inc
Is Wellesley Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wellesley Education Foundation Inc (EIN: 222653559) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Wellesley Education Foundation Inc a good charity to donate to?
Wellesley Education Foundation Inc has a Mission Score of 85/100. Revenue: $826K. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wellesley Education Foundation Inc?
The Employer Identification Number (EIN) for Wellesley Education Foundation Inc is 222653559. 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 Wellesley Education Foundation Inc spend its money?
Wellesley Education Foundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wellesley Education Foundation Inc's tax-exempt status?
You can verify Wellesley Education Foundation Inc's tax-exempt status using EIN 222653559 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
Wellesley Education Foundation Inc is a unknown nonprofit based in Wellesley, Massachusetts, with reported revenue of $826K and assets of $2.8M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is not reported in the provided filings, suggesting it is below the $100,000 threshold for individual reporting or the organization has no highly compensated employees. Revenue has declined -40% across 13 filing periods.