Is Friends Of Bezalel Academy Of Arts And Designs Inc Legit?
Quick charity verification for Friends Of Bezalel Academy Of Arts And Designs Inc (EIN: 132952614)
Verdict: Friends Of Bezalel Academy Of Arts And Designs Inc appears trustworthy
75/100Mission Score
$2.8MRevenue
$2.3MAssets
4Red Flags
3Strengths
Red Flags
Significant revenue volatility, peaking at $22.5M in 2021 and dropping to $4.9M in 2023.
Expenses ($5,565,091) exceeded revenue ($4,947,479) in 2023, indicating a deficit.
Substantial decrease in assets from $9,837,151 in 2017 to $1,202,329 in 2023.
Consistent 0% officer compensation, which is unusual for an organization of this scale and could indicate a lack of transparency in reporting executive benefits.
Strengths
Consistently reports 0% officer compensation, suggesting a strong commitment to program spending over executive salaries.
Demonstrated ability to attract significant funding, with revenue reaching over $22 million in 2021.
Maintains a positive asset base, even with fluctuations, indicating some financial reserves.
Spending Breakdown
How Friends Of Bezalel Academy Of Arts And Designs Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Friends Of Bezalel Academy Of Arts And Designs Inc
Is Friends Of Bezalel Academy Of Arts And Designs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Bezalel Academy Of Arts And Designs Inc (EIN: 132952614) appears trustworthy. Mission Score: 75/100. 4 red flags identified, 3 strengths noted.
Is Friends Of Bezalel Academy Of Arts And Designs Inc a good charity to donate to?
Friends Of Bezalel Academy Of Arts And Designs Inc has a Mission Score of 75/100. Revenue: $2.8M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Bezalel Academy Of Arts And Designs Inc?
The Employer Identification Number (EIN) for Friends Of Bezalel Academy Of Arts And Designs Inc is 132952614. 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 Friends Of Bezalel Academy Of Arts And Designs Inc spend its money?
Friends Of Bezalel Academy Of Arts And Designs Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Bezalel Academy Of Arts And Designs Inc's tax-exempt status?
You can verify Friends Of Bezalel Academy Of Arts And Designs Inc's tax-exempt status using EIN 132952614 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
Friends Of Bezalel Academy Of Arts And Designs Inc demonstrates fluctuating financial health over the past decade, with significant swings in revenue and expenses. For instance, revenue peaked at $22,554,800 in 2021 but dropped to $4,947,479 in 2023, indicating reliance on large, potentially one-time, contributions. The organization consistently reports 0% officer compensation, which is a positive indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. However, the 2023 filing shows expenses ($5,565,091) exceeding revenue ($4,947,479), resulting in a deficit for that year, which warrants monitoring. The organization's assets have also seen considerable variation, from a high of $9,837,151 in 2017 to a low of $1,202,329 in 2023, suggesting inconsistent financial reserves.