Is Benno And Elayne Hurwitz Family Foundation Inc Legit?
Quick charity verification for Benno And Elayne Hurwitz Family Foundation Inc (EIN: 201646666)
Verdict: Benno And Elayne Hurwitz Family Foundation Inc appears trustworthy
90/100Mission Score
$2.3MRevenue
$6.1MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth from $2.5M in 2011 to $5.8M in 2023.
0% officer compensation reported across all filings, indicating efficient use of funds.
Minimal liabilities reported across all periods, suggesting strong financial management.
Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Spending Breakdown
How Benno And Elayne Hurwitz Family Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Benno And Elayne Hurwitz Family Foundation Inc
Is Benno And Elayne Hurwitz Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Benno And Elayne Hurwitz Family Foundation Inc (EIN: 201646666) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Benno And Elayne Hurwitz Family Foundation Inc a good charity to donate to?
Benno And Elayne Hurwitz Family Foundation Inc has a Mission Score of 90/100. Revenue: $2.3M. Assets: $6.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Benno And Elayne Hurwitz Family Foundation Inc?
The Employer Identification Number (EIN) for Benno And Elayne Hurwitz Family Foundation Inc is 201646666. 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 Benno And Elayne Hurwitz Family Foundation Inc spend its money?
Benno And Elayne Hurwitz Family Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Benno And Elayne Hurwitz Family Foundation Inc's tax-exempt status?
You can verify Benno And Elayne Hurwitz Family Foundation Inc's tax-exempt status using EIN 201646666 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 Benno And Elayne Hurwitz Family Foundation Inc demonstrates consistent financial health, primarily operating as a grant-making private foundation. Its assets have shown steady growth over the past decade, increasing from $2,597,514 in 2011 to $5,877,818 in 2023, indicating sound asset management. Revenue streams have fluctuated, with a notable peak of $2,314,622 in the latest reported period, but generally remain robust enough to cover expenses and contribute to asset growth. The foundation's spending efficiency appears strong, as evidenced by the absence of officer compensation and minimal liabilities across all reported periods, suggesting that resources are directed towards its programmatic goals rather than administrative overhead or executive salaries. The significant expense in 2022 ($2,000,165) compared to revenue ($108,585) suggests a year of substantial grant disbursements or investment losses, which is not uncommon for foundations and should be viewed in the context of its long-term financial stability. Overall, the foundation exhibits good financial stewardship and a clear focus on its mission.