Is Gene B Glick Family Housing Foundation…

Quick charity verification for Gene B Glick Family Housing Foundation Inc (EIN: 201698926)

Spending Breakdown

How Gene B Glick Family Housing Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Gene B Glick Family Housing Foundation Inc

Is Gene B Glick Family Housing Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Gene B Glick Family Housing Foundation Inc (EIN: 201698926) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Gene B Glick Family Housing Foundation Inc a good charity to donate to?

Gene B Glick Family Housing Foundation Inc has a Mission Score of 85/100. Revenue: $108.8M. Assets: $439.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gene B Glick Family Housing Foundation Inc?

The Employer Identification Number (EIN) for Gene B Glick Family Housing Foundation Inc is 201698926. 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 Gene B Glick Family Housing Foundation Inc spend its money?

Gene B Glick Family Housing Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gene B Glick Family Housing Foundation Inc's tax-exempt status?

You can verify Gene B Glick Family Housing Foundation Inc's tax-exempt status using EIN 201698926 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 Gene B Glick Family Housing Foundation Inc demonstrates strong financial health and consistent growth in revenue and assets over the past decade. For the fiscal period ending 202312, the organization reported revenues of $96,672,537 against expenses of $75,131,653, indicating a healthy surplus. Its assets have steadily increased, reaching $369,168,191 in 2023, up from $122,091,475 in 2014, showcasing robust financial management and capacity building. The organization's NTEE code L20 (Housing, Shelter) aligns with its mission, and the consistent growth suggests effective program delivery and financial stewardship.

The foundation's spending efficiency appears strong, with a significant portion of its expenses likely directed towards its housing programs, given its mission and the absence of reported officer compensation. The lack of reported officer compensation across all available filings is a notable aspect of its transparency and operational model, suggesting that executive leadership may be compensated through other related entities or that the foundation operates with a volunteer or externally funded leadership structure. This practice, while potentially efficient, could warrant further inquiry to fully understand the operational funding model.

Overall, the Gene B Glick Family Housing Foundation Inc exhibits a positive financial trajectory, with substantial assets and consistent revenue growth. Its commitment to not reporting officer compensation on its 990s suggests a focus on directing resources to its mission. However, a detailed breakdown of program versus administrative and fundraising expenses would provide a clearer picture of its spending efficiency. The consistent growth in assets and revenue, coupled with a lack of reported executive compensation, points to a well-managed and mission-focused organization.

Is Gene B Glick Family Housing Foundation Inc Legit?

Verdict: Gene B Glick Family Housing Foundation Inc appears trustworthy

Red Flags

Strengths