Is Yvonne H Simard Foundation Legit? —…

Spending Breakdown

How Yvonne H Simard Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

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 Yvonne H Simard Foundation

Is Yvonne H Simard Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Yvonne H Simard Foundation (EIN: 203411622) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.

Is Yvonne H Simard Foundation a good charity to donate to?

Yvonne H Simard Foundation has a Mission Score of 95/100. Revenue: $1.2M. Assets: $7.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Yvonne H Simard Foundation?

The Employer Identification Number (EIN) for Yvonne H Simard Foundation is 203411622. 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 Yvonne H Simard Foundation spend its money?

Yvonne H Simard Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Yvonne H Simard Foundation's tax-exempt status?

You can verify Yvonne H Simard Foundation's tax-exempt status using EIN 203411622 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 Yvonne H Simard Foundation demonstrates consistent financial stability with assets growing from $6,027,869 in 2011 to $6,737,202 in 2023. Revenue has fluctuated, with a notable peak of $1,011,191 in 2021, but the organization generally maintains a healthy balance between revenue and expenses, often operating with a surplus. For instance, in 2023, revenue was $476,976 against expenses of $456,826, indicating sound financial management.

Spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings, suggesting that a very high proportion of funds are directed towards the organization's mission rather than administrative overhead related to executive salaries. The consistent low liabilities, often reported as $1, further indicates prudent financial management and a lack of significant debt.

Transparency is high regarding executive compensation, as the 0% reported officer compensation is a clear indicator. The consistent filing of IRS Form 990s over a decade also points to a commitment to public disclosure. While specific program spending details would offer deeper insight, the overall financial picture suggests a well-managed and mission-focused organization.

Is Yvonne H Simard Foundation Legit?

Verdict: Yvonne H Simard Foundation appears trustworthy

Red Flags

Strengths