Quick charity verification for Henry & Anne Garfinkle Foundation Inc (EIN: 136161752)
Verdict: Henry & Anne Garfinkle Foundation Inc appears trustworthy
75/100Mission Score
$37KRevenue
$210KAssets
1Red Flags
3Strengths
Red Flags
Expenses sometimes exceed revenue, leading to asset depletion (e.g., 2023: $21,474 expenses vs. $6,005 revenue).
Strengths
Consistent reporting of 0% officer compensation, indicating volunteer leadership.
Minimal liabilities, often $1, demonstrating strong financial health and no significant debt.
Consistent filing of IRS Form 990, showing commitment to transparency.
Spending Breakdown
How Henry & Anne Garfinkle Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Henry & Anne Garfinkle Foundation Inc
Is Henry & Anne Garfinkle Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Henry & Anne Garfinkle Foundation Inc (EIN: 136161752) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
Is Henry & Anne Garfinkle Foundation Inc a good charity to donate to?
Henry & Anne Garfinkle Foundation Inc has a Mission Score of 75/100. Revenue: $37K. Assets: $210K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Henry & Anne Garfinkle Foundation Inc?
The Employer Identification Number (EIN) for Henry & Anne Garfinkle Foundation Inc is 136161752. 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 Henry & Anne Garfinkle Foundation Inc spend its money?
Henry & Anne Garfinkle Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Henry & Anne Garfinkle Foundation Inc's tax-exempt status?
You can verify Henry & Anne Garfinkle Foundation Inc's tax-exempt status using EIN 136161752 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 Henry & Anne Garfinkle Foundation Inc. appears to be a small private foundation, as indicated by its relatively low annual revenues and assets. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator of volunteer leadership and efficient use of funds for its stated purpose. Its liabilities are consistently minimal, often reported as $1, suggesting strong financial stability and no significant debt burden. However, the foundation's expenses have sometimes exceeded its revenue, such as in 2023 where expenses were $21,474 against revenues of $6,005, leading to a decrease in assets. This trend, while not always present (e.g., 2022 saw revenue significantly exceed expenses), suggests that the foundation may occasionally draw from its asset base to cover its operational or grant-making activities. Given its nature as a private foundation, its primary 'program' activity would be grant-making, and without detailed expense breakdowns, it's difficult to assess the efficiency of its grant distribution versus administrative overhead. The consistent filing of IRS Form 990 demonstrates a commitment to regulatory transparency.