Quick charity verification for Connie And Bob Lurie Foundation Inc (EIN: 208004479)
Verdict: Connie And Bob Lurie Foundation Inc appears trustworthy
90/100Mission Score
$49.9MRevenue
$80.1MAssets
1Red Flags
5Strengths
Red Flags
Zero reported officer compensation for a large foundation, which could indicate compensation through an affiliated entity or a fully volunteer-led executive team, requiring deeper scrutiny for full transparency.
Strengths
Consistently reports $1 in liabilities, indicating extremely strong financial health and minimal debt.
No reported officer compensation across all filings, suggesting a high proportion of funds are available for programmatic use.
Substantial and growing asset base, providing a strong foundation for future grantmaking.
Long history of IRS 990 filings (10 filings), demonstrating consistent transparency and compliance.
Significant grantmaking activity, as evidenced by expenses often exceeding revenue in recent years (e.g., 202312 expenses of $15,085,717 vs. revenue of $5,146,180).
Spending Breakdown
How Connie And Bob Lurie 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 Connie And Bob Lurie Foundation Inc
Is Connie And Bob Lurie Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connie And Bob Lurie Foundation Inc (EIN: 208004479) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Connie And Bob Lurie Foundation Inc a good charity to donate to?
Connie And Bob Lurie Foundation Inc has a Mission Score of 90/100. Revenue: $49.9M. Assets: $80.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Connie And Bob Lurie Foundation Inc?
The Employer Identification Number (EIN) for Connie And Bob Lurie Foundation Inc is 208004479. 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 Connie And Bob Lurie Foundation Inc spend its money?
Connie And Bob Lurie Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Connie And Bob Lurie Foundation Inc's tax-exempt status?
You can verify Connie And Bob Lurie Foundation Inc's tax-exempt status using EIN 208004479 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 Connie And Bob Lurie Foundation Inc. demonstrates a strong commitment to its programmatic mission, as evidenced by its consistent program spending. In the 202312 period, the foundation reported expenses of $15,085,717, with a significant portion likely directed towards its charitable activities given its NTEE code (T22 - Philanthropy, Voluntarism, and Grantmaking Foundations). The organization's assets have fluctuated, reaching a high of $112,597,495 in 202112 before decreasing to $84,863,360 in 202312, indicating active grantmaking or investment changes.
The foundation's financial health appears stable, with substantial assets supporting its operations. Its transparency is bolstered by the availability of 10 years of IRS 990 filings, showing consistent reporting. The absence of reported officer compensation across all available filings suggests that executive leadership may be voluntary or compensated through other means not captured in this specific line item, which is a notable characteristic for a foundation of this size. The foundation's liabilities have consistently been reported as $1, indicating a very strong balance sheet with minimal debt.