Is Yaverland Foundation Inc Legit? —…

Spending Breakdown

How Yaverland 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

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 Yaverland Foundation Inc

Is Yaverland Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Yaverland Foundation Inc (EIN: 202417830) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.

Is Yaverland Foundation Inc a good charity to donate to?

Yaverland Foundation Inc has a Mission Score of 70/100. Revenue: $4.3M. Assets: $6.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Yaverland Foundation Inc?

The Employer Identification Number (EIN) for Yaverland Foundation Inc is 202417830. 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 Yaverland Foundation Inc spend its money?

Yaverland Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Yaverland Foundation Inc's tax-exempt status?

You can verify Yaverland Foundation Inc's tax-exempt status using EIN 202417830 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 Yaverland Foundation Inc. demonstrates a consistent financial structure with stable assets over the past decade, currently at $6,121,783. However, recent filings show a trend of expenses exceeding revenue. For instance, in 2023, expenses were $389,762 against revenues of $180,548, and in 2022, expenses were $394,174 against revenues of $241,602. This indicates the organization is drawing down on its assets or relying on prior period surpluses to cover current operations. The organization reports 0% officer compensation across all available filings, which suggests a volunteer-led or very lean executive structure, contributing to lower administrative overhead.

While the organization's liabilities have consistently been very low (often $1), indicating strong financial solvency in terms of debt, the sustained operational deficit is a point of concern for long-term sustainability if not addressed. The NTEE code T22 typically refers to grantmaking foundations, which often have lower program expenses relative to their grant distributions. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. However, the absence of officer compensation is a positive indicator of cost control.

Transparency appears to be good given the consistent filing history. The primary area for improvement in financial health would be to align revenues more closely with expenses to ensure the long-term preservation and growth of its asset base, which is crucial for a grantmaking foundation. The significant drop in revenue from a peak of $862,765 in 2020 to $180,548 in 2023 warrants further investigation to understand the underlying causes and future projections.

Is Yaverland Foundation Inc Legit?

Verdict: Yaverland Foundation Inc appears trustworthy

Red Flags

Strengths