Is Appleman Foundation Inc Legit?

Quick charity verification for Appleman Foundation Inc (EIN: 136154978)

Verdict: Appleman Foundation Inc appears trustworthy

85/100Mission Score

$6.9MRevenue

$31.0MAssets

3Red Flags

3Strengths

Red Flags

Significant year-to-year revenue volatility (e.g., $703,710 in 2022 vs. $3,760,315 in 2023)
Large expense-to-revenue deficit in 2013 ($9,820,354 expenses vs. $1,614,203 revenue)
Large expense-to-revenue deficit in 2022 ($2,676,497 expenses vs. $703,710 revenue)

Strengths

Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay
Strong and stable asset base, consistently above $30 million, providing financial resilience
Generally positive net income in most years, demonstrating sound financial management over time

Spending Breakdown

How Appleman Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

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 Appleman Foundation Inc

Is Appleman Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Appleman Foundation Inc (EIN: 136154978) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.

Is Appleman Foundation Inc a good charity to donate to?

Appleman Foundation Inc has a Mission Score of 85/100. Revenue: $6.9M. Assets: $31.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Appleman Foundation Inc?

The Employer Identification Number (EIN) for Appleman Foundation Inc is 136154978. 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 Appleman Foundation Inc spend its money?

Appleman Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Appleman Foundation Inc's tax-exempt status?

You can verify Appleman Foundation Inc's tax-exempt status using EIN 136154978 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 Appleman Foundation Inc. demonstrates a generally stable financial position with assets consistently above $30 million in recent years, reaching $31,628,427 in 2023. Revenue has fluctuated significantly, from a low of $703,710 in 2022 to a high of $5,370,798 in 2011, and $3,760,315 in 2023. Expenses have also varied, but the organization has generally maintained a positive net income, with the exception of 2022 where expenses ($2,676,497) significantly outpaced revenue ($703,710), and a notable deficit in 2013 where expenses ($9,820,354) far exceeded revenue ($1,614,203). The foundation reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This suggests a high degree of transparency regarding executive pay, as it is entirely absent.

The organization's spending efficiency appears strong given the consistent reporting of zero officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of executive compensation suggests that a larger proportion of funds could be allocated to programmatic activities. The significant fluctuations in revenue and expenses, particularly the large deficit in 2013 and 2022, warrant closer examination to understand the underlying causes and the foundation's strategies for managing these variations. However, the overall asset base has remained robust, indicating sound long-term financial management despite short-term operational swings.

View Full Transparency Report →

Disclaimer

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