Is William Sturgis Friends Of Education Foundation Inc Legit?
Quick charity verification for William Sturgis Friends Of Education Foundation Inc (EIN: 201121054)
Verdict: William Sturgis Friends Of Education Foundation Inc appears trustworthy
75/100Mission Score
$2.1MRevenue
$19.1MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
Consistently reporting 0% officer compensation for an organization of this size and asset base could indicate compensation is reported in other categories, potentially obscuring full executive costs.
Strengths
Consistent and significant asset growth, from $14.2M in 2015 to $19.5M in 2024.
Stable and increasing revenue streams, reaching nearly $2M in the latest period.
Relatively low expense ratio compared to revenue, suggesting efficient operations.
No reported officer compensation, indicating resources are not being used for executive salaries.
AI Transparency Report
The William Sturgis Friends Of Education Foundation Inc demonstrates consistent financial health with growing assets and stable revenue streams over the past decade. The organization's assets have steadily increased from $14.2 million in 2015 to over $19.5 million in 2024, indicating strong financial management and growth. Revenue has also shown a positive trend, reaching nearly $2 million in the latest filing period. A notable aspect of their financial operations is the consistently low expense ratio relative to revenue, with expenses typically ranging from 30-50% of revenue, suggesting efficient use of funds.
However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation is reported under other expense categories, which could impact transparency. Further detail on how their expenses are allocated would provide a clearer picture of their operational efficiency and program focus.