Is Beth And Ira Leventhal Foundation Legit?

Quick charity verification for Beth And Ira Leventhal Foundation (EIN: 134092955)

Verdict: Beth And Ira Leventhal Foundation appears trustworthy

85/100Mission Score
$15.4MRevenue
$12.5MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Beth And Ira Leventhal Foundation demonstrates strong financial health, particularly in its asset growth and low liabilities. With assets growing from $4,581,628 in 2011 to $11,630,605 in 2023, the organization has built a substantial financial base. Its liabilities have consistently remained at a nominal $1 across most reported periods, indicating excellent financial stability and minimal debt burden. The foundation's revenue has fluctuated significantly, with a peak of $15,413,555 in its latest reported period, suggesting a reliance on substantial, possibly irregular, contributions. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead related to executive pay, which is a positive sign for donor confidence and efficient use of funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves lower direct program expenses compared to service delivery organizations.

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Disclaimer

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

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