Is Broder Family Foundation Inc Legit? —…

Quick charity verification for Broder Family Foundation Inc (EIN: 203979691)

Spending Breakdown

How Broder Family Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Broder Family Foundation Inc

Is Broder Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Broder Family Foundation Inc (EIN: 203979691) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Broder Family Foundation Inc a good charity to donate to?

Broder Family Foundation Inc has a Mission Score of 85/100. Revenue: $2.2M. Assets: $29.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Broder Family Foundation Inc?

The Employer Identification Number (EIN) for Broder Family Foundation Inc is 203979691. 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 Broder Family Foundation Inc spend its money?

Broder Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Broder Family Foundation Inc's tax-exempt status?

You can verify Broder Family Foundation Inc's tax-exempt status using EIN 203979691 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 Broder Family Foundation Inc. appears to be a private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and its consistent pattern of expenses exceeding revenue in recent years, suggesting it primarily disburses grants from its endowment rather than actively fundraising from the public. For instance, in 2023, revenue was $752,819 while expenses were $2,360,882. This operational model is typical for private foundations and does not necessarily indicate financial distress, but rather a strategic use of accumulated assets. The foundation maintains a substantial asset base, with assets of $29,931,790 in the latest filing, which has seen a gradual decline from a peak of $37,164,951 in 2019, reflecting ongoing grantmaking activities.

Regarding spending efficiency, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to provide a precise efficiency ratio. However, as a private foundation, its primary 'program' is grantmaking, and its administrative overhead is typically related to managing its investments and grant distribution process. The consistent reporting of $0 in officer compensation across all available filings suggests a lean executive structure or that compensation is handled through other means not reported in this section, which could be a positive indicator of cost control. The foundation's transparency is generally good through its public 990 filings, which consistently report key financial metrics.

Is Broder Family Foundation Inc Legit?

Verdict: Broder Family Foundation Inc appears trustworthy

Red Flags

Strengths