Quick charity verification for Willard T C Johnson Foundation Inc (EIN: 132993310)
Verdict: Willard T C Johnson Foundation Inc appears trustworthy
92/100Mission Score
$11.6MRevenue
$47.5MAssets
2Red Flags
5Strengths
Red Flags
NTEE Code Unknown: Lack of specific NTEE code makes it harder to precisely categorize and benchmark its mission area.
Significant Revenue Volatility: The $18.5 million revenue in 2019 compared to typical $3-4 million raises questions about revenue predictability, though it doesn't indicate financial distress.
Strengths
Strong Asset Base: Consistently maintains a robust asset base, growing from $38.3 million to $46.2 million over a decade, indicating long-term financial stability.
Exceptional Spending Efficiency: 0% officer compensation across all filings demonstrates a highly efficient operational model, maximizing funds for its mission.
Minimal Liabilities: Consistently reports liabilities of $1 or $0, indicating excellent financial health and very low financial risk.
Consistent Grantmaking: Despite revenue fluctuations, annual expenses (primarily grants) remain stable, showing consistent commitment to its mission.
High Transparency: Regular IRS 990 filings over a decade with clear financial reporting.
Spending Breakdown
How Willard T C Johnson Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Willard T C Johnson Foundation Inc
Is Willard T C Johnson Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Willard T C Johnson Foundation Inc (EIN: 132993310) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Willard T C Johnson Foundation Inc a good charity to donate to?
Willard T C Johnson Foundation Inc has a Mission Score of 92/100. Revenue: $11.6M. Assets: $47.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Willard T C Johnson Foundation Inc?
The Employer Identification Number (EIN) for Willard T C Johnson Foundation Inc is 132993310. 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 Willard T C Johnson Foundation Inc spend its money?
Willard T C Johnson Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Willard T C Johnson Foundation Inc's tax-exempt status?
You can verify Willard T C Johnson Foundation Inc's tax-exempt status using EIN 132993310 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 Willard T C Johnson Foundation Inc appears to be a well-managed private foundation with a strong asset base. Over the past decade, its assets have grown from $38.3 million in 2011 to $46.2 million in 2023, indicating sound financial stewardship. The foundation consistently reports minimal liabilities, often just $1, which suggests a very healthy balance sheet and low financial risk. While revenue has fluctuated, notably a spike to $18.5 million in 2019, the foundation's expenses have remained relatively stable, typically in the $3-4 million range annually.
Regarding spending efficiency, as a private foundation, its primary function is grantmaking, which is inherently program-focused. The absence of reported officer compensation across all filings is a significant indicator of efficiency and a commitment to directing resources towards its mission rather than administrative overhead for executive salaries. This practice enhances its financial health and transparency, as a major potential cost center is eliminated. The consistent reporting of minimal liabilities also contributes to a high level of financial transparency and stability.
Overall, the foundation demonstrates strong financial health, with robust assets and very low liabilities. Its spending efficiency is excellent, particularly due to the lack of executive compensation. The consistent and detailed IRS 990 filings over a decade, showing stable financial patterns and minimal liabilities, point to a highly transparent organization focused on its philanthropic mission.