Quick charity verification for Albert & Mary Lasker Foundation Inc (EIN: 131680062)
Verdict: Albert & Mary Lasker Foundation Inc appears trustworthy
92/100Mission Score
$11.6MRevenue
$94.1MAssets
1Red Flags
5Strengths
Red Flags
Fluctuating annual revenues, which could impact short-term operational budgeting if not managed by endowment draw.
Strengths
Strong and growing asset base, reaching $94,057,044.
Consistent reporting of 0% officer compensation, indicating high transparency and efficiency.
Effective management of expenses relative to assets and mission.
High estimated program spending ratio (75%), demonstrating strong mission focus.
Long history of IRS 990 filings, indicating consistent compliance and transparency.
Spending Breakdown
How Albert & Mary Lasker Foundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Albert & Mary Lasker Foundation Inc
Is Albert & Mary Lasker Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Albert & Mary Lasker Foundation Inc (EIN: 131680062) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Albert & Mary Lasker Foundation Inc a good charity to donate to?
Albert & Mary Lasker Foundation Inc has a Mission Score of 92/100. Revenue: $11.6M. Assets: $94.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Albert & Mary Lasker Foundation Inc?
The Employer Identification Number (EIN) for Albert & Mary Lasker Foundation Inc is 131680062. 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 Albert & Mary Lasker Foundation Inc spend its money?
Albert & Mary Lasker Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Albert & Mary Lasker Foundation Inc's tax-exempt status?
You can verify Albert & Mary Lasker Foundation Inc's tax-exempt status using EIN 131680062 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 Albert & Mary Lasker Foundation Inc. demonstrates strong financial health with substantial assets, reaching $94,057,044 in the latest period. The organization consistently maintains a healthy asset base, growing from $64,522,579 in 2011 to over $90 million in recent years. While revenue has fluctuated significantly, from a low of $1,349,161 in 2012 to a high of $10,931,374 in 2011, the foundation has managed its expenses effectively, generally keeping them below or near revenue levels, except for a few periods like 2023 and 2022 where expenses slightly exceeded revenue. This indicates a well-managed endowment strategy supporting its mission.
The foundation exhibits excellent spending efficiency, particularly in its program focus. With 75% of its spending directed towards programs, it aligns well with best practices for charitable organizations. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries. This practice enhances public trust and demonstrates a lean operational model.
Overall, the Albert & Mary Lasker Foundation Inc. appears to be a financially sound and transparent organization. Its consistent asset growth, high program spending ratio, and zero reported officer compensation reflect a strong dedication to its philanthropic goals. The fluctuations in annual revenue are typical for foundations relying on investment returns and donations, but the stable asset base provides a solid foundation for long-term impact.