Is Alan B Slifka Foundation Inc Legit?

Quick charity verification for Alan B Slifka Foundation Inc (EIN: 136192257)

Verdict: Alan B Slifka Foundation Inc appears trustworthy

90/100Mission Score

$8.5MRevenue

$67.7MAssets

2Red Flags

4Strengths

Red Flags

Significant year-over-year revenue volatility, making future income less predictable.
Expenses frequently exceed revenue, indicating reliance on asset drawdowns for operations (e.g., 202311, 202211, 202011, 201911, 201111).

Strengths

Consistently reports 0% officer compensation, indicating high efficiency in directing funds to mission.
Maintains a very strong asset base, currently $67,687,800, providing long-term financial stability.
Negligible liabilities across all reported periods, demonstrating sound financial management.
Consistent level of expenses over time, suggesting sustained programmatic activity despite revenue fluctuations.

Spending Breakdown

How Alan B Slifka Foundation Inc allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

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 Alan B Slifka Foundation Inc

Is Alan B Slifka Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Alan B Slifka Foundation Inc (EIN: 136192257) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is Alan B Slifka Foundation Inc a good charity to donate to?

Alan B Slifka Foundation Inc has a Mission Score of 90/100. Revenue: $8.5M. Assets: $67.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alan B Slifka Foundation Inc?

The Employer Identification Number (EIN) for Alan B Slifka Foundation Inc is 136192257. 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 Alan B Slifka Foundation Inc spend its money?

Alan B Slifka Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alan B Slifka Foundation Inc's tax-exempt status?

You can verify Alan B Slifka Foundation Inc's tax-exempt status using EIN 136192257 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 Alan B Slifka Foundation Inc demonstrates a consistent commitment to its mission, as evidenced by its financial filings. Over the past decade, the organization has maintained substantial assets, currently at $67,687,800, indicating a strong financial base. While revenue has fluctuated significantly, from a high of $33,426,242 in 2013 to a low of $1,734,133 in 2019, the foundation has consistently incurred expenses, suggesting ongoing programmatic activity. For instance, in the latest period (202311), expenses were $4,603,812 against revenues of $3,519,125, showing a draw on reserves to support operations.

The foundation's spending efficiency appears robust, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards programmatic activities rather than administrative overhead related to executive salaries. The organization's liabilities have consistently been negligible, often reported as $1 or similarly low figures, which points to sound financial management and a lack of significant debt. The absence of reported officer compensation also enhances transparency, as it indicates that key leadership is either unpaid or compensated through other means not typically captured in this section, or that the foundation operates with a volunteer leadership structure.

Overall, the Alan B Slifka Foundation Inc appears to be a financially stable organization with a strong focus on its mission, supported by its substantial asset base and efficient spending practices, particularly the lack of reported officer compensation. The fluctuations in revenue are typical for foundations that may rely on investment returns or large, infrequent donations, but the consistent expense levels indicate sustained operational commitment.

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Disclaimer

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