Is D W Frankel Foundation Inc Legit? —…

Strengths

Consistent asset growth, from $3.4M in 2011 to $4.8M in 2023, indicating strong financial management.
Zero officer compensation reported across all ten filings, suggesting high operational efficiency and dedication of resources to mission.
Generally operates with a revenue surplus, contributing to long-term financial stability.
Low liabilities relative to assets, indicating a healthy balance sheet.
Consistent IRS 990 filing history, demonstrating transparency and compliance.

Spending Breakdown

How D W Frankel 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 D W Frankel Foundation Inc

Is D W Frankel Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, D W Frankel Foundation Inc (EIN: 132874447) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

Is D W Frankel Foundation Inc a good charity to donate to?

D W Frankel Foundation Inc has a Mission Score of 85/100. Revenue: $2.9M. Assets: $5.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for D W Frankel Foundation Inc?

The Employer Identification Number (EIN) for D W Frankel Foundation Inc is 132874447. 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 D W Frankel Foundation Inc spend its money?

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

How can I verify D W Frankel Foundation Inc's tax-exempt status?

You can verify D W Frankel Foundation Inc's tax-exempt status using EIN 132874447 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 D W Frankel Foundation Inc operates as a private foundation, which is evident from its consistent revenue streams and asset base, typically derived from investments rather than public donations. Over the past decade, the foundation has maintained a stable asset base, growing from $3.4 million in 2011 to $4.8 million in 2023. Its expenses have fluctuated, but generally remain below revenue, allowing for asset growth. For instance, in 2023, revenue was $435,866 against expenses of $342,913, indicating a surplus. As a private foundation, its primary function is typically grant-making, and the absence of officer compensation across all reported years suggests a lean operational structure, potentially relying on volunteer efforts or external management for administrative tasks. This structure inherently promotes a degree of financial efficiency by minimizing overhead related to salaries.

Given the nature of a private foundation, the 'spending efficiency' is often measured by the proportion of assets distributed as grants. Without detailed program spending breakdowns, it's challenging to precisely quantify program efficiency. However, the consistent growth in assets while maintaining operational expenses below revenue suggests prudent financial management. The lack of officer compensation is a significant positive indicator for efficiency, as it means more of the foundation's resources are available for its charitable purpose. Transparency for private foundations primarily revolves around their grant-making activities and financial disclosures, which are met through the annual 990 filings. The consistent filing history demonstrates adherence to IRS reporting requirements.

Overall, the D W Frankel Foundation Inc appears to be a financially stable entity with a conservative approach to expenses, as evidenced by zero officer compensation. Its consistent asset growth and positive net income in most years suggest a sustainable financial model. The absence of significant liabilities further strengthens its financial health. While specific program impact data is not available from the provided summary, the financial indicators point to a well-managed private foundation.

Is D W Frankel Foundation Inc Legit?

Verdict: D W Frankel Foundation Inc appears trustworthy