Is William And Mary Real Estatefoundation…

Quick charity verification for William And Mary Real Estatefoundation (EIN: 208608553)

Strengths

Consistent asset growth, from $25.8M in 2019 to $36.3M in 2023
Positive operating margins, with revenue consistently exceeding expenses (e.g., $3.2M revenue vs. $2.7M expenses in 2023)
No reported officer compensation, potentially indicating high efficiency
Extensive IRS 990 filing history (13 filings), demonstrating transparency
Strong financial reserves with assets significantly exceeding liabilities (e.g., $36.3M assets vs. $20.3M liabilities in 2023)

Spending Breakdown

How William And Mary Real Estatefoundation allocates its funds across programs, administration, and fundraising.

85%

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 William And Mary Real Estatefoundation

Is William And Mary Real Estatefoundation a legitimate charity?

Based on AI analysis of IRS 990 filings, William And Mary Real Estatefoundation (EIN: 208608553) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

Is William And Mary Real Estatefoundation a good charity to donate to?

William And Mary Real Estatefoundation has a Mission Score of 85/100. Revenue: $4.2M. Assets: $37.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for William And Mary Real Estatefoundation?

The Employer Identification Number (EIN) for William And Mary Real Estatefoundation is 208608553. 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 William And Mary Real Estatefoundation spend its money?

William And Mary Real Estatefoundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify William And Mary Real Estatefoundation's tax-exempt status?

You can verify William And Mary Real Estatefoundation's tax-exempt status using EIN 208608553 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 William And Mary Real Estatefoundation demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past five years, its assets have grown significantly, from $25,891,959 in 2019 to $36,327,837 in 2023, indicating effective asset management. The organization consistently reports positive net income, with revenue generally exceeding expenses, such as in 2023 where revenue was $3,290,864 against expenses of $2,738,492. This suggests sound financial stewardship and an ability to build reserves.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent growth in assets and positive operating margins suggest that the organization is managing its resources effectively to support its mission. The absence of reported officer compensation is a notable aspect of its financial structure, potentially indicating a volunteer-led executive team or compensation being covered by an affiliated entity, which can contribute to lower administrative overhead.

In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating a commitment to public disclosure. The consistent reporting of key financial metrics like revenue, expenses, assets, and liabilities across multiple years provides a clear picture of its financial trajectory. The lack of reported officer compensation on the 990s, while potentially efficient, could also warrant further inquiry to understand the full compensation structure if any individuals are receiving significant benefits from related organizations.

Is William And Mary Real Estatefoundation Legit?

Verdict: William And Mary Real Estatefoundation appears trustworthy

Red Flags