Quick charity verification for Helen Frankenthaler Foundation Inc (EIN: 133244308)
Verdict: Helen Frankenthaler Foundation Inc appears trustworthy
95/100Mission Score
$48.6MRevenue
$173.2MAssets
2Red Flags
4Strengths
Red Flags
Significant year-over-year revenue volatility
Expenses exceeding revenue in 2023 ($32,170,742 vs. $19,448,818)
Strengths
Consistently low liabilities (often $1)
Zero officer compensation reported across all filings
Substantial and growing asset base ($176,117,159 in 2023)
Strong financial stability and solvency
Spending Breakdown
How Helen Frankenthaler 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 Helen Frankenthaler Foundation Inc
Is Helen Frankenthaler Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Helen Frankenthaler Foundation Inc (EIN: 133244308) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
Is Helen Frankenthaler Foundation Inc a good charity to donate to?
Helen Frankenthaler Foundation Inc has a Mission Score of 95/100. Revenue: $48.6M. Assets: $173.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Helen Frankenthaler Foundation Inc?
The Employer Identification Number (EIN) for Helen Frankenthaler Foundation Inc is 133244308. 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 Helen Frankenthaler Foundation Inc spend its money?
Helen Frankenthaler Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Helen Frankenthaler Foundation Inc's tax-exempt status?
You can verify Helen Frankenthaler Foundation Inc's tax-exempt status using EIN 133244308 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 Helen Frankenthaler Foundation Inc. demonstrates strong financial health with substantial and growing assets, reaching $176,117,159 in 2023. The organization consistently reports minimal liabilities, often just $1, indicating excellent financial stability and low debt risk. While revenue has fluctuated significantly over the years, including a high of $77,326,759 in 2013 and $48,629,147 in the latest reported period, the foundation has effectively managed its expenses, which have generally been well below revenue, allowing for asset growth. The 2023 filing shows expenses ($32,170,742) exceeding revenue ($19,448,818), which is an anomaly in its recent history but does not significantly impact its overall robust financial position given its substantial asset base. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of financial transparency and a commitment to directing resources towards its mission.