Quick charity verification for Catherine & Henry J Gaisman Fdn (EIN: 136129464)
Verdict: Catherine & Henry J Gaisman Fdn appears trustworthy
85/100Mission Score
$4.1MRevenue
$54.8MAssets
1Red Flags
4Strengths
Red Flags
Consistent significant expenses exceeding revenue, leading to substantial asset drawdowns over several years.
Strengths
Zero officer compensation reported, indicating highly efficient governance.
Consistent filing of IRS 990 forms, demonstrating transparency.
Substantial asset base of $57,900,831 in 2023, allowing for continued philanthropic activity.
Low liabilities, consistently reported as $1 in recent years.
Spending Breakdown
How Catherine & Henry J Gaisman Fdn 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 Catherine & Henry J Gaisman Fdn
Is Catherine & Henry J Gaisman Fdn a legitimate charity?
Based on AI analysis of IRS 990 filings, Catherine & Henry J Gaisman Fdn (EIN: 136129464) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Catherine & Henry J Gaisman Fdn a good charity to donate to?
Catherine & Henry J Gaisman Fdn has a Mission Score of 85/100. Revenue: $4.1M. Assets: $54.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Catherine & Henry J Gaisman Fdn?
The Employer Identification Number (EIN) for Catherine & Henry J Gaisman Fdn is 136129464. 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 Catherine & Henry J Gaisman Fdn spend its money?
Catherine & Henry J Gaisman Fdn allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Catherine & Henry J Gaisman Fdn's tax-exempt status?
You can verify Catherine & Henry J Gaisman Fdn's tax-exempt status using EIN 136129464 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 Catherine & Henry J Gaisman Fdn exhibits a fluctuating financial profile, typical of a grant-making foundation. Over the past five years, the organization has consistently reported expenses significantly exceeding its revenue, with a notable deficit of $3,201,774 in 2023 and $7,053,924 in 2022. This trend suggests the foundation is primarily distributing grants from its endowment rather than relying on annual contributions. Its assets have seen a substantial decline from $163,781,338 in 2019 to $57,900,831 in 2023, indicating significant grant disbursements over this period.
The foundation demonstrates strong financial transparency by consistently filing its IRS 990 forms. The consistent reporting of zero officer compensation across all available filings is a positive indicator of efficient governance and a focus on mission-related spending. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency beyond the overall grant-making activity.
Given its nature as a private foundation, its primary 'program' activity is grant-making. The consistent liabilities of $1 in recent years suggest minimal operational debt. While the asset base has decreased, it still holds a substantial endowment of $57,900,831, allowing for continued philanthropic activity. The lack of officer compensation is a significant strength in terms of minimizing overhead.