Quick charity verification for Auerbach Schiro Foundation (EIN: 133692236)
Verdict: Auerbach Schiro Foundation appears trustworthy
85/100Mission Score
$257KRevenue
$2.1MAssets
1Red Flags
4Strengths
Red Flags
Recent operating deficits (expenses exceeding revenue) in 2022 and 2023, which could be unsustainable if continued long-term without drawing from assets.
Strengths
Strong and consistent asset base, exceeding $2 million for many years, providing financial stability.
Minimal liabilities, often reported as $1, indicating very low financial risk.
0% officer compensation reported across all filings, suggesting high efficiency in administrative costs and dedication of leadership.
Consistent IRS 990 filing history, indicating good transparency and compliance.
Spending Breakdown
How Auerbach Schiro Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Auerbach Schiro Foundation
Is Auerbach Schiro Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Auerbach Schiro Foundation (EIN: 133692236) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Auerbach Schiro Foundation a good charity to donate to?
Auerbach Schiro Foundation has a Mission Score of 85/100. Revenue: $257K. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Auerbach Schiro Foundation?
The Employer Identification Number (EIN) for Auerbach Schiro Foundation is 133692236. 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 Auerbach Schiro Foundation spend its money?
Auerbach Schiro Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Auerbach Schiro Foundation's tax-exempt status?
You can verify Auerbach Schiro Foundation's tax-exempt status using EIN 133692236 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 Auerbach Schiro Foundation demonstrates consistent financial stability with assets exceeding $2 million over the past decade, reaching $2,194,003 in 2023. While the organization experienced a deficit in 2023, with expenses of $222,110 exceeding revenue of $164,645, this appears to be a recent trend following a surplus in 2021. The foundation's liabilities have consistently been minimal, often reported as $1, indicating a very healthy balance sheet and low financial risk. The absence of officer compensation reported across all available filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency.
However, without detailed expense breakdowns (e.g., program vs. administrative vs. fundraising) from the provided data, it's challenging to fully assess spending efficiency. The consistent asset base, despite fluctuating annual revenues and occasional deficits, suggests a well-managed endowment or investment strategy. The foundation's transparency is good in terms of filing its IRS 990s consistently, but the lack of specific program details in the provided summary limits a deeper understanding of its direct impact and operational efficiency.
Overall, the foundation appears financially sound with a strong asset base and minimal liabilities. The lack of officer compensation is a notable strength, suggesting resources are not being diverted to high executive salaries. Further analysis would require a detailed breakdown of expenses to fully evaluate program spending efficiency.