Is Gertrude N Goldowsky And Seebert J Goldowsky Foundation Legit?

Quick charity verification for Gertrude N Goldowsky And Seebert J Goldowsky Foundation (EIN: 116605055)

Verdict: Gertrude N Goldowsky And Seebert J Goldowsky Foundation appears trustworthy

85/100Mission Score
$347KRevenue
$2.3MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Gertrude N Goldowsky And Seebert J Goldowsky Foundation 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 Gertrude N Goldowsky And Seebert J Goldowsky Foundation

Is Gertrude N Goldowsky And Seebert J Goldowsky Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Gertrude N Goldowsky And Seebert J Goldowsky Foundation (EIN: 116605055) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Gertrude N Goldowsky And Seebert J Goldowsky Foundation a good charity to donate to?

Gertrude N Goldowsky And Seebert J Goldowsky Foundation has a Mission Score of 85/100. Revenue: $347K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gertrude N Goldowsky And Seebert J Goldowsky Foundation?

The Employer Identification Number (EIN) for Gertrude N Goldowsky And Seebert J Goldowsky Foundation is 116605055. 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 Gertrude N Goldowsky And Seebert J Goldowsky Foundation spend its money?

Gertrude N Goldowsky And Seebert J Goldowsky Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gertrude N Goldowsky And Seebert J Goldowsky Foundation's tax-exempt status?

You can verify Gertrude N Goldowsky And Seebert J Goldowsky Foundation's tax-exempt status using EIN 116605055 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 Gertrude N Goldowsky And Seebert J Goldowsky Foundation appears to be a grant-making organization, as indicated by its NTEE code T22 (Private Grantmaking Foundations). Its financial health shows a pattern of expenses often exceeding revenue in recent years, with the exception of 2020 where revenue significantly outpaced expenses ($762,149 vs $76,912). For example, in 2023, expenses were $205,393 against revenue of $87,661, and in 2022, expenses were $280,816 against revenue of $83,407. This trend suggests the foundation is primarily distributing funds from its existing asset base rather than relying on annual fundraising for its grantmaking activities. The foundation's assets have fluctuated but generally remained robust, standing at $2,499,185 in 2023, indicating a stable endowment. Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a lean operational structure at the executive level. The foundation's liabilities have consistently been very low, often $1 or $10,000, indicating strong financial management and minimal debt. Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting of key financial metrics over a decade allows for a clear understanding of its financial trajectory. The absence of officer compensation is a positive indicator of resources being directed towards the mission rather than executive salaries.

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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