Quick charity verification for Woodhull Freedom Foundation (EIN: 113681116)
Verdict: Woodhull Freedom Foundation appears trustworthy
90/100Mission Score
$1.0MRevenue
$970KAssets
2Red Flags
4Strengths
Red Flags
Unusually low liabilities relative to assets, especially in earlier years, could indicate aggressive cash management or delayed expense recognition, though recent filings show a more balanced picture.
Consistent 0% officer compensation for an organization of this size is highly unusual and warrants further investigation to understand the full compensation structure for leadership.
Strengths
Significant and consistent revenue growth, particularly from $274,231 in 2021 to $1,979,681 in 2023, demonstrates strong financial support.
Healthy asset base ($1,233,271 in 2023) significantly exceeding liabilities ($29,419), indicating strong financial stability.
Consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards programmatic activities.
Positive net income in most years, with revenue consistently exceeding expenses, such as $1,979,681 revenue vs. $1,527,341 expenses in 2023.
Spending Breakdown
How Woodhull Freedom Foundation 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 Woodhull Freedom Foundation
Is Woodhull Freedom Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Woodhull Freedom Foundation (EIN: 113681116) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Woodhull Freedom Foundation a good charity to donate to?
Woodhull Freedom Foundation has a Mission Score of 90/100. Revenue: $1.0M. Assets: $970K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Woodhull Freedom Foundation?
The Employer Identification Number (EIN) for Woodhull Freedom Foundation is 113681116. 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 Woodhull Freedom Foundation spend its money?
Woodhull Freedom Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Woodhull Freedom Foundation's tax-exempt status?
You can verify Woodhull Freedom Foundation's tax-exempt status using EIN 113681116 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
Woodhull Freedom Foundation demonstrates strong financial health and growth, particularly in recent years. Their revenue has seen significant increases, jumping from $274,231 in 2021 to $1,979,681 in 2023, indicating robust fundraising or grant acquisition. The organization consistently maintains a healthy asset base, with assets growing to $1,233,271 by the end of 2023, significantly exceeding liabilities of $29,419. This suggests good financial management and a solid reserve. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries, which is a strong positive for donor confidence.