Quick charity verification for C B Laub Family Foundation Inc (EIN: 205826726)
Verdict: C B Laub Family Foundation Inc appears trustworthy
75/100Mission Score
$314KRevenue
$1.0MAssets
2Red Flags
3Strengths
Red Flags
Consistent negative net income (expenses exceeding revenue) in recent years, such as $23,822 revenue vs. $215,305 expenses in 2023.
Declining asset base over time, from $1,512,973 in 2015 to $1,103,121 in 2023, indicating asset depletion.
Strengths
Zero officer compensation reported across all filings, indicating strong cost control at the executive level.
Maintains a substantial asset base of over $1 million, providing a foundation for its grantmaking activities.
Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Spending Breakdown
How C B Laub Family Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 C B Laub Family Foundation Inc
Is C B Laub Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, C B Laub Family Foundation Inc (EIN: 205826726) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is C B Laub Family Foundation Inc a good charity to donate to?
C B Laub Family Foundation Inc has a Mission Score of 75/100. Revenue: $314K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for C B Laub Family Foundation Inc?
The Employer Identification Number (EIN) for C B Laub Family Foundation Inc is 205826726. 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 C B Laub Family Foundation Inc spend its money?
C B Laub Family Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify C B Laub Family Foundation Inc's tax-exempt status?
You can verify C B Laub Family Foundation Inc's tax-exempt status using EIN 205826726 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 C B Laub Family Foundation Inc. appears to be a private foundation, as indicated by its NTEE code T22 and consistent revenue patterns often derived from investments rather than public donations. Its financial health shows a trend of declining assets, from a peak of $1,512,973 in 2015 to $1,103,121 in 2023, alongside expenses frequently exceeding revenue in recent years (e.g., $23,822 revenue vs. $215,305 expenses in 2023). This suggests the foundation is drawing down its principal to cover its grantmaking and operational costs.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a positive indicator of cost control at the executive level. The foundation's transparency is generally good through its consistent filing of IRS Form 990, which is standard for tax-exempt organizations.
Overall, while the foundation maintains a healthy asset base of over $1 million, the trend of expenses exceeding revenue and declining assets warrants attention. Its operational model seems to be one of asset distribution rather than growth, which is typical for some private foundations. The lack of officer compensation is a strong point regarding efficiency.