Quick charity verification for Willayne E Towe Foundation (EIN: 201796087)
Verdict: Willayne E Towe Foundation appears trustworthy
85/100Mission Score
$1.2MRevenue
$1.5MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown beyond total expenses makes precise program efficiency difficult to ascertain.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency.
Very low liabilities, often reported as $1, demonstrating strong fiscal health.
Stable and growing asset base, from $603,375 in 2011 to $731,121 in 2023.
Consistent financial reporting over a decade, indicating transparency.
Spending Breakdown
How Willayne E Towe 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
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 Willayne E Towe Foundation
Is Willayne E Towe Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Willayne E Towe Foundation (EIN: 201796087) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Willayne E Towe Foundation a good charity to donate to?
Willayne E Towe Foundation has a Mission Score of 85/100. Revenue: $1.2M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Willayne E Towe Foundation?
The Employer Identification Number (EIN) for Willayne E Towe Foundation is 201796087. 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 Willayne E Towe Foundation spend its money?
Willayne E Towe Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Willayne E Towe Foundation's tax-exempt status?
You can verify Willayne E Towe Foundation's tax-exempt status using EIN 201796087 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 Willayne E Towe Foundation demonstrates consistent financial stability with a healthy asset base relative to its annual expenses. Over the past decade, its assets have steadily grown from $603,375 in 2011 to $731,121 in 2023, indicating sound financial management and investment. The organization consistently operates with low liabilities, often reporting only $1, which is a strong indicator of fiscal responsibility and minimal debt burden. While the latest revenue of $1,202,974 is significantly higher than its typical annual operating revenues, this figure likely represents a one-time event or a specific large contribution, as its recurring revenues have been in the range of $13,290 to $90,688 annually. This suggests that the foundation primarily functions as a grant-making entity, distributing funds rather than engaging in extensive direct program delivery that would incur high operational costs.
The foundation's spending efficiency appears high, given that officer compensation has consistently been reported as 0% across all available filings. This implies that the organization is likely run by volunteers or has its administrative costs covered by other means, allowing a greater proportion of its funds to be directed towards its mission. The consistent reporting of minimal liabilities and the absence of officer compensation are strong indicators of transparency and a commitment to maximizing charitable impact. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely determine the exact program spending ratio, though the overall financial picture suggests a lean operational structure.