Quick charity verification for Zeta Psi Educational Foundation (EIN: 131832953)
Verdict: Zeta Psi Educational Foundation appears trustworthy
90/100Mission Score
$2.6MRevenue
$8.9MAssets
1Red Flags
5Strengths
Red Flags
Significant year-to-year revenue volatility, which could impact long-term program planning if not managed with substantial reserves.
Strengths
Consistent asset growth over a decade, demonstrating strong financial stewardship.
Zero reported officer compensation across all filings, indicating high operational efficiency and potentially volunteer leadership.
Generally keeps expenses below revenue, contributing to financial stability and asset accumulation.
Low liabilities relative to assets, suggesting a healthy balance sheet.
Long history of IRS 990 filings, indicating transparency and compliance.
Spending Breakdown
How Zeta Psi Educational 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 Zeta Psi Educational Foundation
Is Zeta Psi Educational Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Zeta Psi Educational Foundation (EIN: 131832953) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Zeta Psi Educational Foundation a good charity to donate to?
Zeta Psi Educational Foundation has a Mission Score of 90/100. Revenue: $2.6M. Assets: $8.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Zeta Psi Educational Foundation?
The Employer Identification Number (EIN) for Zeta Psi Educational Foundation is 131832953. 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 Zeta Psi Educational Foundation spend its money?
Zeta Psi Educational Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Zeta Psi Educational Foundation's tax-exempt status?
You can verify Zeta Psi Educational Foundation's tax-exempt status using EIN 131832953 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 Zeta Psi Educational Foundation demonstrates generally sound financial health, with assets consistently growing over the past decade, reaching $8,853,287. Revenue has fluctuated significantly year-to-year, from a low of $710,889 in 2020 to a high of $2,264,259 in 2022, indicating reliance on variable funding sources. However, the organization has consistently managed to keep expenses below revenue in most recent periods, such as in 2023 where revenue was $1,500,487 against expenses of $1,357,647, contributing to asset growth. The absence of reported officer compensation across all available filings suggests a high degree of volunteer leadership or that compensation is covered by a related entity, which enhances spending efficiency and transparency regarding direct administrative costs.
Spending efficiency appears strong given the zero reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial management indicates a focus on maintaining a healthy balance sheet. The consistent growth in assets, even during periods of lower revenue, suggests effective financial stewardship and potentially strong investment returns or prudent expense management. The organization's transparency is bolstered by its consistent filing of IRS Form 990s over a long period, providing a clear historical financial record for public scrutiny.