Quick charity verification for Herbert And Nell Singer Foundation Inc (EIN: 133151548)
Verdict: Herbert And Nell Singer Foundation Inc appears trustworthy
90/100Mission Score
$37.5MRevenue
$60.9MAssets
1Red Flags
5Strengths
Red Flags
Consistent spending exceeding revenue, leading to gradual asset depletion (though typical for foundations, it warrants monitoring for long-term sustainability).
Strengths
Strong program spending, as indicated by consistent distributions from its endowment.
Zero reported officer compensation, suggesting highly efficient administrative costs.
Substantial asset base (over $57 million in 2023) providing long-term stability.
Consistent IRS 990 filing history, demonstrating good transparency.
Minimal liabilities ($1 in recent years), indicating sound financial health.
Spending Breakdown
How Herbert And Nell Singer Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Herbert And Nell Singer Foundation Inc
Is Herbert And Nell Singer Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Herbert And Nell Singer Foundation Inc (EIN: 133151548) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Herbert And Nell Singer Foundation Inc a good charity to donate to?
Herbert And Nell Singer Foundation Inc has a Mission Score of 90/100. Revenue: $37.5M. Assets: $60.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Herbert And Nell Singer Foundation Inc?
The Employer Identification Number (EIN) for Herbert And Nell Singer Foundation Inc is 133151548. 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 Herbert And Nell Singer Foundation Inc spend its money?
Herbert And Nell Singer Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Herbert And Nell Singer Foundation Inc's tax-exempt status?
You can verify Herbert And Nell Singer Foundation Inc's tax-exempt status using EIN 133151548 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 Herbert And Nell Singer Foundation Inc appears to be a well-established private foundation with substantial assets, consistently maintaining over $57 million in assets across its recent filings, peaking at $66.8 million in 2011. The foundation consistently spends more than its annual revenue, indicating a strategy of distributing funds from its endowment rather than solely relying on incoming contributions. For instance, in 2023, it reported $3,373,936 in revenue against $4,784,904 in expenses. This spending pattern, while drawing down assets over time, is typical for foundations focused on grantmaking.
The organization demonstrates strong financial health in terms of asset base and a clear commitment to its mission through consistent grant distributions. The absence of reported officer compensation across all available filings suggests a lean operational structure, potentially relying on volunteer leadership or external management services, which contributes to spending efficiency. The consistent reporting of minimal liabilities ($1 in most recent years) also indicates sound financial management and low financial risk. The foundation's transparency is good, with a decade of consistent IRS 990 filings available for public scrutiny.