Is Howard A Drescher Foundation Complex Tr Legit?

Quick charity verification for Howard A Drescher Foundation Complex Tr (EIN: 146178336)

Verdict: Howard A Drescher Foundation Complex Tr appears trustworthy

85/100Mission Score
$1.0MRevenue
$8.5MAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The Howard A Drescher Foundation Complex Tr demonstrates a consistent pattern of financial stability, with assets growing significantly over the past decade, from $1,685,811 in 2011 to $8,631,431 in 2023. The foundation's revenue has been highly variable, with peaks in 2014 ($4,161,479) and 2015 ($3,416,735), and more recently in 2023 ($1,742,397), indicating reliance on fluctuating income sources, likely investment returns given its nature as a complex trust. Expenses have remained relatively stable, generally ranging between $129,440 and $600,366 annually, suggesting controlled operational costs. The consistent reporting of zero officer compensation across all filings indicates a lean administrative structure, which is a positive sign for spending efficiency. The foundation's liabilities have consistently been reported as minimal ($0 or $1), further underscoring its strong financial position and low financial risk. While specific program spending details are not provided in the summary data, the overall financial health appears robust, with significant asset growth and controlled expenses.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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