Quick charity verification for Abrams Foundation (EIN: 216016470)
Verdict: Abrams Foundation appears trustworthy
85/100Mission Score
$231KRevenue
$1.2MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown makes program efficiency difficult to fully assess.
Expenses frequently exceed revenue in several periods, indicating reliance on asset drawdowns.
Strengths
Consistent asset base exceeding $1 million, indicating strong financial reserves.
No reported officer compensation, suggesting a highly volunteer-driven or lean operational model.
Minimal liabilities ($1) across all filings, indicating excellent financial health and low debt.
Consistent IRS 990 filing history demonstrates commitment to transparency and compliance.
Positive net income in the most recent filing (202311), with revenue exceeding expenses.
Spending Breakdown
How Abrams 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
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 Abrams Foundation
Is Abrams Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Abrams Foundation (EIN: 216016470) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Abrams Foundation a good charity to donate to?
Abrams Foundation has a Mission Score of 85/100. Revenue: $231K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Abrams Foundation?
The Employer Identification Number (EIN) for Abrams Foundation is 216016470. 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 Abrams Foundation spend its money?
Abrams Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Abrams Foundation's tax-exempt status?
You can verify Abrams Foundation's tax-exempt status using EIN 216016470 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 Abrams Foundation demonstrates consistent financial stability with assets consistently over $1 million, reaching $1,204,481 in the latest filing (202311). The organization has shown a positive net income in its most recent period, with revenue of $280,688 exceeding expenses of $241,695. However, prior years often show expenses exceeding revenue, indicating a reliance on existing assets to cover operational costs. The foundation's liabilities are consistently minimal ($1), suggesting a healthy balance sheet and low financial risk.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the absence of officer compensation (0%) across all reported periods suggests that administrative costs related to executive salaries are non-existent, which is a positive indicator for donor confidence. The foundation's consistent asset base, despite fluctuating annual revenues and expenses, points to a well-managed endowment or investment strategy.
Transparency appears high regarding executive compensation, as no officer compensation is reported. The consistent filing of IRS Form 990 over ten periods also indicates a commitment to regulatory compliance and public disclosure. However, without a breakdown of program, administrative, and fundraising expenses, a complete picture of spending efficiency and program focus remains somewhat opaque.