Quick charity verification for Assurant Foundation (EIN: 133156497)
Verdict: Assurant Foundation appears trustworthy
90/100Mission Score
$8.6MRevenue
$11.6MAssets
1Red Flags
4Strengths
Red Flags
Significant year-to-year revenue volatility (e.g., $35,945 in 2021 vs. $9,188,116 in 2023) could indicate reliance on unpredictable funding sources.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency in directing funds.
Strong asset base consistently exceeding liabilities, demonstrating financial stability.
Regular IRS 990 filings over a decade, showing commitment to transparency.
Significant revenue generation in recent years (e.g., $9,188,116 in 2023) allows for substantial program support.
Spending Breakdown
How Assurant 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 Assurant Foundation
Is Assurant Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Assurant Foundation (EIN: 133156497) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Assurant Foundation a good charity to donate to?
Assurant Foundation has a Mission Score of 90/100. Revenue: $8.6M. Assets: $11.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Assurant Foundation?
The Employer Identification Number (EIN) for Assurant Foundation is 133156497. 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 Assurant Foundation spend its money?
Assurant Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Assurant Foundation's tax-exempt status?
You can verify Assurant Foundation's tax-exempt status using EIN 133156497 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 Assurant Foundation demonstrates a fluctuating but generally strong financial position, with assets consistently exceeding liabilities across its filing history. For instance, in 2023, assets were $8,089,617 against liabilities of $2,263,897. The organization's revenue has varied significantly, from a low of $35,945 in 2021 to a high of $9,188,116 in 2023, indicating reliance on potentially irregular funding sources or large corporate contributions. Spending efficiency appears robust, particularly given the consistent reporting of 0% officer compensation, suggesting that a very high proportion of expenses are directed towards programs and operational costs rather than executive salaries. The foundation's consistent filing of IRS Form 990s over a decade indicates a commitment to transparency, providing a clear historical record of its financial activities.