Quick charity verification for William B Orkin Foundation Inc (EIN: 202011970)
Verdict: William B Orkin Foundation Inc appears trustworthy
80/100Mission Score
$2.0MRevenue
$16.5MAssets
2Red Flags
4Strengths
Red Flags
Highly volatile annual revenue, making financial planning and consistent grantmaking potentially challenging.
Significant negative revenue reported in 2022 ($-427,883) which could indicate substantial investment losses or unusual accounting adjustments.
Strengths
Substantial and stable asset base ($16,467,564 currently) providing long-term financial security.
Consistently reports 0% officer compensation, indicating highly efficient use of funds at the executive level.
Minimal liabilities (often $0 or $1) across all filings, demonstrating strong financial health and low debt.
Long history of IRS 990 filings (10 filings), suggesting consistent compliance and transparency.
Spending Breakdown
How William B Orkin Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 B Orkin Foundation Inc
Is William B Orkin Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, William B Orkin Foundation Inc (EIN: 202011970) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is William B Orkin Foundation Inc a good charity to donate to?
William B Orkin Foundation Inc has a Mission Score of 80/100. Revenue: $2.0M. Assets: $16.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for William B Orkin Foundation Inc?
The Employer Identification Number (EIN) for William B Orkin Foundation Inc is 202011970. 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 B Orkin Foundation Inc spend its money?
William B Orkin Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify William B Orkin Foundation Inc's tax-exempt status?
You can verify William B Orkin Foundation Inc's tax-exempt status using EIN 202011970 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 B Orkin Foundation Inc. demonstrates a consistent pattern of significant asset holdings, currently at $16,467,564, which suggests a strong endowment or investment base. However, its financial performance in recent years has been highly volatile, with revenue fluctuating wildly, including a negative revenue of $-427,883 in 2022 and a substantial $5,236,930 in 2021. This volatility makes it challenging to assess consistent operational funding. The foundation consistently reports zero officer compensation, which is a positive indicator of efficient use of funds at the executive level and strong transparency regarding leadership costs.
Spending efficiency is difficult to fully ascertain without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the foundation's expenses have generally been around $1 million annually in recent periods, while its assets have remained robust. The consistent reporting of minimal liabilities (often $1 or $0) indicates sound financial management and low debt burden. The foundation's NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves lower administrative overhead compared to direct service charities.
Overall, the foundation appears financially stable due to its substantial assets and minimal liabilities. Its transparency is commendable regarding executive compensation. However, the extreme fluctuations in annual revenue warrant closer examination to understand the underlying financial strategy and sustainability of its grantmaking activities. Without a detailed expense breakdown, a precise assessment of spending efficiency across program, admin, and fundraising categories is not possible.