Is Amber & William Sweedler Family Foundation Inc Legit?
Quick charity verification for Amber & William Sweedler Family Foundation Inc (EIN: 203955308)
Verdict: Amber & William Sweedler Family Foundation Inc appears trustworthy
85/100Mission Score
$5KRevenue
$523KAssets
1Red Flags
4Strengths
Red Flags
Highly volatile and low revenue in recent years, potentially indicating reliance on endowment drawdowns without consistent new funding.
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial stewardship.
Stable asset base of over $500,000, providing a solid foundation for grantmaking.
Minimal liabilities ($1 across all filings), demonstrating excellent financial health.
Very low operational expenses, suggesting high efficiency in resource allocation.
Spending Breakdown
How Amber & William Sweedler Family Foundation Inc 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 Amber & William Sweedler Family Foundation Inc
Is Amber & William Sweedler Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Amber & William Sweedler Family Foundation Inc (EIN: 203955308) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Amber & William Sweedler Family Foundation Inc a good charity to donate to?
Amber & William Sweedler Family Foundation Inc has a Mission Score of 85/100. Revenue: $5K. Assets: $523K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Amber & William Sweedler Family Foundation Inc?
The Employer Identification Number (EIN) for Amber & William Sweedler Family Foundation Inc is 203955308. 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 Amber & William Sweedler Family Foundation Inc spend its money?
Amber & William Sweedler Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Amber & William Sweedler Family Foundation Inc's tax-exempt status?
You can verify Amber & William Sweedler Family Foundation Inc's tax-exempt status using EIN 203955308 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 Amber & William Sweedler Family Foundation Inc appears to be a private foundation with a relatively stable asset base, currently at $523,077. Its revenue has been highly variable over the years, ranging from $1 in 2021 and 2019 to $524,663 in 2014. Expenses have generally been low in recent years, often around $5,025, suggesting a focus on grantmaking rather than extensive operational costs. The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence as it suggests all funds are directed towards the mission rather than administrative salaries.
The foundation's financial health seems stable given its consistent asset level and minimal liabilities ($1 across all reported periods). However, the low and fluctuating revenue in recent years, particularly the $4,025 revenue matching $4,025 expenses in 2023, indicates that it operates on a very lean budget, likely relying on its endowment for grant distributions. The NTEE code T20 (Private Grantmaking Foundations) aligns with this operational model, where the primary activity is distributing grants rather than direct program services.
Transparency appears to be adequate through its consistent IRS 990 filings. The lack of officer compensation and minimal liabilities are strong points. However, without detailed breakdowns of the 'expenses' in the provided data, it's difficult to fully assess spending efficiency beyond the observation that operational costs are low. The foundation's primary function as a grantmaker means its efficiency is largely tied to the impact of the grants it distributes, which isn't detailed in this financial summary.