Maintains extremely low liabilities across all reported periods ($0-$1,350), suggesting strong debt management.
Long history of IRS 990 filings (10 filings), indicating consistent compliance with reporting requirements.
Spending Breakdown
How William E Cross Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 E Cross Foundation Inc
Is William E Cross Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, William E Cross Foundation Inc (EIN: 201220528) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is William E Cross Foundation Inc a good charity to donate to?
William E Cross Foundation Inc has a Mission Score of 55/100. Revenue: $1.5M. Assets: $7.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for William E Cross Foundation Inc?
The Employer Identification Number (EIN) for William E Cross Foundation Inc is 201220528. 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 E Cross Foundation Inc spend its money?
William E Cross Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify William E Cross Foundation Inc's tax-exempt status?
You can verify William E Cross Foundation Inc's tax-exempt status using EIN 201220528 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 E Cross Foundation Inc. exhibits a concerning trend in its financial health, particularly in recent years. While the organization maintained substantial assets in earlier periods, peaking at over $15 million in 2021, there has been a significant decline, with assets dropping to $7.57 million by the end of 2023. This decline is coupled with a pattern of expenses frequently exceeding revenue, notably in 2022 where expenses were $7.29 million against revenues of $796,148, and again in 2023 with expenses of $1.50 million against revenues of $339,265. This suggests the foundation is drawing heavily on its principal or prior year surpluses, which is unsustainable long-term without a significant increase in revenue or reduction in spending.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of zero officer compensation across all filings indicates a potential strength in minimizing overhead related to executive salaries, or that executive functions are performed on a volunteer basis or through other entities. The extremely low liabilities reported across all periods ($0-$1,350) is a positive indicator of financial stability in terms of debt management.
Transparency, based solely on the provided data, appears adequate in terms of filing history. However, the lack of detailed expense categories prevents a thorough evaluation of how efficiently funds are allocated to mission-related activities versus overhead. The significant fluctuations in revenue and expenses, particularly the large deficit spending in 2022 and 2023, warrant further investigation to understand the underlying causes and the foundation's long-term financial strategy.