Quick charity verification for Wrightson Ramsing Foundation Inc (EIN: 131967462)
Verdict: Wrightson Ramsing Foundation Inc appears trustworthy
85/100Mission Score
$1.3MRevenue
$2.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent deficit spending: Expenses have exceeded revenue in most recent years (2020-2023), leading to a decline in assets.
Declining asset base: Assets have decreased from $1.83 million in 2019 to $1.45 million in 2023, indicating a spend-down trend.
Strengths
Zero officer compensation: No compensation reported for officers across all filings, indicating highly efficient leadership.
Strong asset base: Maintains over $1.4 million in assets, providing a solid financial foundation.
Low liabilities: Consistently reports minimal to no liabilities, indicating sound financial management and no significant debt.
Consistent IRS 990 filing history: Demonstrates transparency and compliance with regulatory requirements over a long period.
Spending Breakdown
How Wrightson Ramsing Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Wrightson Ramsing Foundation Inc
Is Wrightson Ramsing Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wrightson Ramsing Foundation Inc (EIN: 131967462) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Wrightson Ramsing Foundation Inc a good charity to donate to?
Wrightson Ramsing Foundation Inc has a Mission Score of 85/100. Revenue: $1.3M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wrightson Ramsing Foundation Inc?
The Employer Identification Number (EIN) for Wrightson Ramsing Foundation Inc is 131967462. 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 Wrightson Ramsing Foundation Inc spend its money?
Wrightson Ramsing Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wrightson Ramsing Foundation Inc's tax-exempt status?
You can verify Wrightson Ramsing Foundation Inc's tax-exempt status using EIN 131967462 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 Wrightson Ramsing Foundation Inc. appears to be a well-established private foundation, as indicated by its consistent asset base over the past decade, generally ranging between $1.4 million and $1.8 million. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, particularly for a foundation of its size. However, a notable trend is that in most recent years (2020-2023), the foundation's expenses have exceeded its revenue, leading to a gradual decline in assets from a peak of $1.83 million in 2019 to $1.45 million in 2023. This suggests that the foundation is spending down its endowment or relying on prior year surpluses.
While the provided data lacks a detailed breakdown of program, administrative, and fundraising expenses, the absence of officer compensation suggests a lean operational structure. The consistent reporting of minimal liabilities (often $0 or $1) across multiple years points to sound financial management and a lack of significant debt. The foundation's long filing history (10 filings) demonstrates a commitment to regulatory compliance and transparency through its annual IRS 990 submissions.