Is Beatrice & Samuel A Seaver Foundation Legit?

Quick charity verification for Beatrice & Samuel A Seaver Foundation (EIN: 133251432)

Verdict: Beatrice & Samuel A Seaver Foundation appears trustworthy

90/100Mission Score
$13.0MRevenue
$124.2MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Beatrice & Samuel A Seaver 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 Beatrice & Samuel A Seaver Foundation

Is Beatrice & Samuel A Seaver Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Beatrice & Samuel A Seaver Foundation (EIN: 133251432) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Beatrice & Samuel A Seaver Foundation a good charity to donate to?

Beatrice & Samuel A Seaver Foundation has a Mission Score of 90/100. Revenue: $13.0M. Assets: $124.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Beatrice & Samuel A Seaver Foundation?

The Employer Identification Number (EIN) for Beatrice & Samuel A Seaver Foundation is 133251432. 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 Beatrice & Samuel A Seaver Foundation spend its money?

Beatrice & Samuel A Seaver Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Beatrice & Samuel A Seaver Foundation's tax-exempt status?

You can verify Beatrice & Samuel A Seaver Foundation's tax-exempt status using EIN 133251432 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 Beatrice & Samuel A Seaver Foundation demonstrates a consistent commitment to its programmatic goals, as evidenced by its financial filings. The foundation's assets have shown significant growth over the past decade, increasing from $107,392,143 in 2011 to $123,607,597 in 2023, indicating sound financial management and endowment growth. While revenue has fluctuated, notably with a spike to $34,378,921 in 2021, the foundation's expenses have remained relatively stable, ranging from approximately $4.1 million to $8.4 million annually. This stability in expenses, even with varying revenue, suggests predictable operational costs and a focused approach to grantmaking. The foundation's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This indicates that the foundation is likely managed by unpaid fiduciaries or through external administrative services, which can contribute to a higher proportion of funds being directed towards its mission. The consistent reporting of minimal liabilities (often $0 or $1) further underscores a healthy balance sheet and responsible financial practices. The foundation's primary function appears to be grantmaking, and without detailed expense breakdowns beyond total expenses, it's reasonable to infer that a significant portion of these expenses are program-related. In terms of transparency, the consistent filing of IRS Form 990s over a decade provides a good historical record of the foundation's financial activities. The absence of officer compensation is a notable positive for transparency and efficiency. While specific program spending percentages are not directly calculable from the provided data, the overall financial health, asset growth, and lack of executive compensation suggest a well-managed and mission-focused organization. The foundation's ability to maintain substantial assets while consistently incurring expenses (presumably grants) indicates a sustainable operational model.

View Full Transparency Report →

Disclaimer

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

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