Is Gerald L Lennard Foundation Inc Legit?

Quick charity verification for Gerald L Lennard Foundation Inc (EIN: 133888381)

Verdict: Gerald L Lennard Foundation Inc appears trustworthy

70/100Mission Score
$21.3MRevenue
$45.2MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Gerald L Lennard Foundation Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
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 Gerald L Lennard Foundation Inc

Is Gerald L Lennard Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Gerald L Lennard Foundation Inc (EIN: 133888381) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Gerald L Lennard Foundation Inc a good charity to donate to?

Gerald L Lennard Foundation Inc has a Mission Score of 70/100. Revenue: $21.3M. Assets: $45.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gerald L Lennard Foundation Inc?

The Employer Identification Number (EIN) for Gerald L Lennard Foundation Inc is 133888381. 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 Gerald L Lennard Foundation Inc spend its money?

Gerald L Lennard Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gerald L Lennard Foundation Inc's tax-exempt status?

You can verify Gerald L Lennard Foundation Inc's tax-exempt status using EIN 133888381 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 Gerald L Lennard Foundation Inc. appears to be a grant-making private foundation, as indicated by its NTEE code T22Z and its financial patterns. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator of transparency regarding executive pay. However, the foundation has shown a trend of expenses exceeding revenue in recent years. For instance, in 2023, expenses were $3,083,428 against revenues of $1,458,886, and in 2022, expenses were $3,048,070 against revenues of $56,539. This consistent deficit spending, while not uncommon for foundations drawing from endowments, has led to a decline in assets from a peak of over $51 million in 2019 to $45,819,846 in 2023. The foundation's liabilities have remained consistently low, often reported as $1, suggesting a healthy balance sheet in terms of debt.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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