Is Abraham J & Phyllis Katz Foundation Ua 060794 Legit?

Quick charity verification for Abraham J & Phyllis Katz Foundation Ua 060794 (EIN: 116442077)

Verdict: Abraham J & Phyllis Katz Foundation Ua 060794 appears trustworthy

95/100Mission Score
$24.2MRevenue
$23.9MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Abraham J & Phyllis Katz Foundation Ua 060794 allocates its funds across programs, administration, and fundraising.

100%
Program Spending
Healthy — majority goes to mission
0%
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 Abraham J & Phyllis Katz Foundation Ua 060794

Is Abraham J & Phyllis Katz Foundation Ua 060794 a legitimate charity?

Based on AI analysis of IRS 990 filings, Abraham J & Phyllis Katz Foundation Ua 060794 (EIN: 116442077) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.

Is Abraham J & Phyllis Katz Foundation Ua 060794 a good charity to donate to?

Abraham J & Phyllis Katz Foundation Ua 060794 has a Mission Score of 95/100. Revenue: $24.2M. Assets: $23.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Abraham J & Phyllis Katz Foundation Ua 060794?

The Employer Identification Number (EIN) for Abraham J & Phyllis Katz Foundation Ua 060794 is 116442077. 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 Abraham J & Phyllis Katz Foundation Ua 060794 spend its money?

Abraham J & Phyllis Katz Foundation Ua 060794 allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Abraham J & Phyllis Katz Foundation Ua 060794's tax-exempt status?

You can verify Abraham J & Phyllis Katz Foundation Ua 060794's tax-exempt status using EIN 116442077 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 Abraham J & Phyllis Katz Foundation Ua 060794 appears to be a well-established private foundation, as indicated by its substantial assets, which were $35,638,864 in the latest filing period (202312). The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission rather than executive salaries. However, a notable trend is that expenses have consistently exceeded revenue in recent years, for example, in 202312, revenue was $2,159,476 while expenses were $8,478,426. This suggests the foundation is primarily drawing down its endowment to fund its activities, which is typical for a private foundation with a finite lifespan or a strategy to distribute assets over time. The foundation's financial health, while showing a decrease in assets from a peak of $64,950,642 in 201512 to $35,638,864 in 202312, remains robust given its current asset base. The consistent reporting of minimal liabilities (often $1 or $0) across all periods further underscores a strong balance sheet and sound financial management. The absence of officer compensation also contributes positively to its spending efficiency and transparency profile, as it eliminates a common area of concern for donors and watchdogs.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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