Quick charity verification for Elaine And Sydney Sussmanfoundation Inc (EIN: 208025266)
Verdict: Elaine And Sydney Sussmanfoundation Inc appears trustworthy
85/100Mission Score
$667KRevenue
$6.1MAssets
1Red Flags
4Strengths
Red Flags
Significant annual deficits in some years (e.g., 2021 and 2022 where expenses exceeded revenue by over $1 million) could raise questions about long-term sustainability if not covered by endowment drawdowns.
Strengths
Consistent multi-million dollar asset base, indicating strong financial stability.
Zero officer compensation reported across all filings, demonstrating high efficiency and dedication of funds to mission.
Very low liabilities across all periods, suggesting sound financial management and minimal debt.
Strong program focus implied by the nature of a private grantmaking foundation and efficient spending.
Spending Breakdown
How Elaine And Sydney Sussmanfoundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Elaine And Sydney Sussmanfoundation Inc
Is Elaine And Sydney Sussmanfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elaine And Sydney Sussmanfoundation Inc (EIN: 208025266) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Elaine And Sydney Sussmanfoundation Inc a good charity to donate to?
Elaine And Sydney Sussmanfoundation Inc has a Mission Score of 85/100. Revenue: $667K. Assets: $6.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elaine And Sydney Sussmanfoundation Inc?
The Employer Identification Number (EIN) for Elaine And Sydney Sussmanfoundation Inc is 208025266. 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 Elaine And Sydney Sussmanfoundation Inc spend its money?
Elaine And Sydney Sussmanfoundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elaine And Sydney Sussmanfoundation Inc's tax-exempt status?
You can verify Elaine And Sydney Sussmanfoundation Inc's tax-exempt status using EIN 208025266 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 Elaine And Sydney Sussmanfoundation Inc demonstrates a generally stable financial position with assets consistently in the multi-million dollar range, currently at $6,111,313. However, its revenue and expense patterns show significant volatility. For instance, in 2021, expenses ($3,098,317) far outstripped revenue ($1,955,427), leading to a substantial deficit, while in 2023, revenue ($167,028) significantly exceeded expenses ($56,553). This fluctuation suggests an endowment-based model or a grant-making foundation where distributions can vary year-to-year, rather than a consistent operational budget. The organization consistently reports 0% officer compensation, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. The low liabilities across all reported periods also point to sound financial management and minimal debt.