Quick charity verification for West Bancorporation Foundation Inc (EIN: 200523259)
Verdict: West Bancorporation Foundation Inc appears trustworthy
92/100Mission Score
$222KRevenue
$1.0MAssets
1Red Flags
4Strengths
Red Flags
Significant year-over-year revenue volatility, such as the drop from $599,161 in 2021 to $67,339 in 2022, could indicate an unpredictable funding model.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Very low to zero reported liabilities, demonstrating strong financial management and low risk.
Stable asset base, consistently over $1 million for most of the past decade, providing financial resilience.
How West Bancorporation Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 West Bancorporation Foundation Inc
Is West Bancorporation Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, West Bancorporation Foundation Inc (EIN: 200523259) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is West Bancorporation Foundation Inc a good charity to donate to?
West Bancorporation Foundation Inc has a Mission Score of 92/100. Revenue: $222K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for West Bancorporation Foundation Inc?
The Employer Identification Number (EIN) for West Bancorporation Foundation Inc is 200523259. 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 West Bancorporation Foundation Inc spend its money?
West Bancorporation Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify West Bancorporation Foundation Inc's tax-exempt status?
You can verify West Bancorporation Foundation Inc's tax-exempt status using EIN 200523259 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
West Bancorporation Foundation Inc demonstrates a generally stable financial position with consistent asset levels over the past decade, currently at $1,224,180 as of 2023. The organization's revenue has fluctuated significantly, from a high of $1,443,055 in 2014 to a low of $67,339 in 2022, indicating reliance on variable funding sources. Despite these fluctuations, expenses have remained relatively consistent, typically in the range of $250,000 to $325,000 annually, suggesting predictable operational costs.
The foundation's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This indicates that the organization is likely volunteer-led or has its administrative costs covered by other means, allowing a greater proportion of funds to be directed towards its mission. The consistent reporting of minimal liabilities (often $0 or $1) also points to sound financial management and a low-risk profile.
Transparency is high, with a clear history of 990 filings and consistent reporting of key financial metrics. The absence of officer compensation is a notable positive for a foundation of this size, reinforcing its commitment to maximizing program impact. While revenue volatility could pose long-term planning challenges, the foundation's ability to maintain asset levels and control expenses suggests a resilient financial structure.