Quick charity verification for Greenblum Family Foundation (EIN: 208031300)
Verdict: Greenblum Family Foundation shows mixed signals
65/100Mission Score
$208KRevenue
$187KAssets
2Red Flags
3Strengths
Red Flags
Consistent decline in assets over the past decade (from $414,403 in 2011 to $186,762 in 2023).
Expenses frequently exceed revenue, indicating reliance on asset drawdowns (e.g., 2023: $135,324 expenses vs. $118,429 revenue; 2021: $164,981 expenses vs. $95,158 revenue).
Strengths
100% transparency with 10 IRS 990 filings available.
0% officer compensation reported across all filings, indicating highly efficient executive spending.
Low liabilities reported consistently ($1 in most recent filings).
Spending Breakdown
How Greenblum Family 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 Greenblum Family Foundation
Is Greenblum Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Greenblum Family Foundation (EIN: 208031300) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Greenblum Family Foundation a good charity to donate to?
Greenblum Family Foundation has a Mission Score of 65/100. Revenue: $208K. Assets: $187K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greenblum Family Foundation?
The Employer Identification Number (EIN) for Greenblum Family Foundation is 208031300. 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 Greenblum Family Foundation spend its money?
Greenblum Family Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greenblum Family Foundation's tax-exempt status?
You can verify Greenblum Family Foundation's tax-exempt status using EIN 208031300 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 Greenblum Family Foundation demonstrates consistent financial transparency through its regular IRS 990 filings, with 10 filings available. The organization's financial health shows a trend of declining assets over the past decade, from $414,403 in 2011 to $186,762 in 2023. This decline is often accompanied by expenses exceeding revenue in several years, such as in 2023 where expenses were $135,324 against revenues of $118,429, and in 2021 where expenses were $164,981 against revenues of $95,158. This pattern suggests the foundation is drawing down its principal to fund its activities.
Regarding spending efficiency, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings is a positive indicator of efficient use of funds at the executive level. The foundation's relatively small asset base and revenue figures suggest it operates as a smaller grant-making entity, which often has different efficiency metrics compared to larger operational charities.
The foundation's transparency is high due to its consistent filing history and the public availability of its 990 forms. The lack of officer compensation is a strong point for donor confidence. However, the sustained trend of expenses exceeding revenue and the shrinking asset base warrant closer observation to ensure long-term sustainability. Donors might want to understand the foundation's strategy for managing its endowment and ensuring its continued ability to fulfill its mission.