Quick charity verification for Hecht Family Charitable Foundation (EIN: 203958008)
Verdict: Hecht Family Charitable Foundation appears trustworthy
95/100Mission Score
$2.0MRevenue
$4.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, maximizing funds for charitable purposes.
Extremely low liabilities ($1 reported consistently), indicating strong financial health and minimal debt.
Stable asset base over many years, demonstrating sound financial management.
Consistent filing of IRS Form 990s, indicating high transparency.
As a private foundation, its structure inherently focuses on grantmaking, directing funds to other charitable organizations.
Spending Breakdown
How Hecht Family Charitable 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 Hecht Family Charitable Foundation
Is Hecht Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hecht Family Charitable Foundation (EIN: 203958008) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Hecht Family Charitable Foundation a good charity to donate to?
Hecht Family Charitable Foundation has a Mission Score of 95/100. Revenue: $2.0M. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hecht Family Charitable Foundation?
The Employer Identification Number (EIN) for Hecht Family Charitable Foundation is 203958008. 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 Hecht Family Charitable Foundation spend its money?
Hecht Family Charitable Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hecht Family Charitable Foundation's tax-exempt status?
You can verify Hecht Family Charitable Foundation's tax-exempt status using EIN 203958008 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 Hecht Family Charitable Foundation appears to be a well-managed private foundation with consistent financial reporting. Over the past several years, the foundation has maintained a stable asset base, with its latest reported assets at $3,858,050. While revenue has fluctuated, for example, $152,192 in 2023 and $631,008 in 2021, the foundation consistently incurs expenses, such as $241,044 in 2023 and $310,689 in 2022, indicating active grantmaking or operational activities. The foundation's liabilities have consistently been reported as $1, suggesting a very strong financial position with minimal debt.
Regarding spending efficiency, as a private foundation, its primary function is typically grantmaking rather than direct program delivery, which often results in a higher proportion of grants (program service expenses) relative to administrative costs. The absence of officer compensation across all reported periods is a significant indicator of efficiency and a commitment to directing funds towards its charitable purpose. This suggests that the foundation is likely run by volunteers or has its administrative costs covered by other means, maximizing the impact of its revenue.
Transparency is high, evidenced by the consistent filing of IRS Form 990s over many years, providing a clear historical financial picture. The detailed financial data available allows for a thorough analysis of its operations and financial health. The consistent reporting of minimal liabilities further enhances confidence in its financial stability and responsible management.