Quick charity verification for Elbaz Family Foundation Tr (EIN: 206735811)
Verdict: Elbaz Family Foundation Tr appears trustworthy
90/100Mission Score
$10.6MRevenue
$12.1MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high operational efficiency.
Extremely low liabilities, demonstrating strong financial health and minimal debt.
Consistent filing of IRS Form 990s, providing good transparency.
Strong program focus, with nearly all expenses directed towards its mission due to no executive salaries.
Spending Breakdown
How Elbaz Family Foundation Tr 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 Elbaz Family Foundation Tr
Is Elbaz Family Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Elbaz Family Foundation Tr (EIN: 206735811) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Elbaz Family Foundation Tr a good charity to donate to?
Elbaz Family Foundation Tr has a Mission Score of 90/100. Revenue: $10.6M. Assets: $12.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elbaz Family Foundation Tr?
The Employer Identification Number (EIN) for Elbaz Family Foundation Tr is 206735811. 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 Elbaz Family Foundation Tr spend its money?
Elbaz Family Foundation Tr allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elbaz Family Foundation Tr's tax-exempt status?
You can verify Elbaz Family Foundation Tr's tax-exempt status using EIN 206735811 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 Elbaz Family Foundation Tr demonstrates a fluctuating financial profile, typical of a private foundation that primarily makes grants. Its revenue has varied significantly, from a low of $170,247 in 2022 to a high of $11,997,628 in 2021. Despite these fluctuations, the foundation consistently reports minimal liabilities, often just $1, indicating strong financial solvency and a low-risk balance sheet. The foundation's assets have seen a gradual decline over the past decade, from over $20 million in 2011 to $8.6 million in 2023, suggesting consistent grantmaking activity exceeding investment returns or new contributions in some periods.
Spending efficiency appears to be high, as the organization consistently reports 0% officer compensation, indicating that administrative costs related to executive salaries are non-existent. This suggests that the foundation's expenses are almost entirely dedicated to its programmatic activities (grantmaking) and necessary operational overhead. The lack of officer compensation also points to a lean operational structure, which is a positive indicator for donor confidence.
In terms of transparency, the consistent filing of IRS Form 990s over a decade provides a good historical record of its financial activities. The absence of officer compensation is a key transparency point, as it clearly shows that no funds are being used for executive salaries. The foundation's minimal liabilities further enhance its transparent financial standing, as there are no significant debts or complex financial arrangements to obscure its operations.