Quick charity verification for Fleishman Foundation (EIN: 202460506)
Verdict: Fleishman Foundation appears trustworthy
70/100Mission Score
$16KRevenue
$402KAssets
2Red Flags
3Strengths
Red Flags
Consistent negative net income in recent years (e.g., -$10,757 in 2022, -$3,989 in 2021).
Declining asset base over the last few years, from $453,339 in 2019 to $431,069 in 2022.
Strengths
Zero reported officer compensation, indicating high efficiency in executive pay.
Consistently reports zero liabilities, demonstrating strong financial management and no debt.
Long filing history (11 filings) indicates consistent compliance and transparency.
Spending Breakdown
How Fleishman Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Fleishman Foundation
Is Fleishman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fleishman Foundation (EIN: 202460506) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Fleishman Foundation a good charity to donate to?
Fleishman Foundation has a Mission Score of 70/100. Revenue: $16K. Assets: $402K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fleishman Foundation?
The Employer Identification Number (EIN) for Fleishman Foundation is 202460506. 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 Fleishman Foundation spend its money?
Fleishman Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fleishman Foundation's tax-exempt status?
You can verify Fleishman Foundation's tax-exempt status using EIN 202460506 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 Fleishman Foundation, with a latest reported revenue of $16,107 and assets of $402,163, appears to be a small, grant-making organization based on its NTEE code (B82). Over the past several years, the foundation has consistently reported zero liabilities and zero officer compensation, indicating a lean operational structure and strong financial transparency regarding executive pay. However, the foundation has experienced a trend of expenses exceeding revenue in recent years, notably in 2022 ($29,418 expenses vs. $18,661 revenue) and 2021 ($24,479 expenses vs. $20,490 revenue), leading to a gradual decline in assets from a peak of $453,339 in 2019 to $431,069 in 2022. This suggests that the foundation is drawing down its principal to cover operational and programmatic costs, which is a common strategy for foundations but warrants monitoring to ensure long-term sustainability. The significant expense spike in 2013 ($187,652 against $21,040 revenue) stands out as an anomaly that likely involved a large grant or investment, but without further detail, it's difficult to assess its impact fully. Overall, while transparent, the recent financial trend indicates a need to either increase revenue or reduce expenses to maintain asset levels.