Is Ilene L Engel Foundation Inc Legit?

Quick charity verification for Ilene L Engel Foundation Inc (EIN: 200892371)

Verdict: Ilene L Engel Foundation Inc has notable concerns

30/100Mission Score
$316KRevenue
$68KAssets
4Red Flags
1Strengths

Red Flags

Strengths

Spending Breakdown

How Ilene L Engel Foundation Inc allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Ilene L Engel Foundation Inc

Is Ilene L Engel Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Ilene L Engel Foundation Inc (EIN: 200892371) has notable concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.

Is Ilene L Engel Foundation Inc a good charity to donate to?

Ilene L Engel Foundation Inc has a Mission Score of 30/100. Revenue: $316K. Assets: $68K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ilene L Engel Foundation Inc?

The Employer Identification Number (EIN) for Ilene L Engel Foundation Inc is 200892371. 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 Ilene L Engel Foundation Inc spend its money?

Ilene L Engel Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ilene L Engel Foundation Inc's tax-exempt status?

You can verify Ilene L Engel Foundation Inc's tax-exempt status using EIN 200892371 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 Ilene L Engel Foundation Inc exhibits concerning financial trends, particularly a significant and sustained deficit spending pattern. In 2022, the organization reported revenues of $43,734 against expenses of $254,057, indicating it spent nearly six times its income. This trend is not isolated, as similar substantial deficits were observed in 2021 (revenue $53,612, expenses $257,015) and 2020 (revenue $99,998, expenses $288,973). This consistent overspending has led to a dramatic decline in assets, from $1,379,193 in 2015 to $553,606 in 2022, and further to $67,701 in the latest reported period. While the organization reports 0% officer compensation, which is a positive for transparency regarding executive pay, the overall financial health is precarious due to the rapid depletion of assets. The efficiency of spending is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent and large deficits suggest that current operational models are unsustainable. The rapid decline in assets raises questions about the long-term viability and impact of the foundation. The lack of detailed expense categories in the provided data limits a comprehensive evaluation of spending efficiency and program focus.

View Full Transparency Report →

Disclaimer

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

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