Quick charity verification for Isaac Ziering Foundation Inc (EIN: 133429634)
Verdict: Isaac Ziering Foundation Inc appears trustworthy
70/100Mission Score
$98KRevenue
$962KAssets
2Red Flags
4Strengths
Red Flags
Consistent negative net income in recent years (e.g., 2023: -$32,474; 2021: -$56,709), indicating reliance on asset drawdowns.
Declining asset base from a peak of $1,091,528 in 2019 to $980,779 in 2023, suggesting unsustainable spending relative to revenue.
Strengths
Strong asset base, consistently around $1 million, providing financial stability.
Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
Very low liabilities ($1 across all periods), demonstrating sound financial management and no significant debt.
Long history of IRS 990 filings (11 filings), indicating transparency and compliance.
Spending Breakdown
How Isaac Ziering 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 Isaac Ziering Foundation Inc
Is Isaac Ziering Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Isaac Ziering Foundation Inc (EIN: 133429634) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Isaac Ziering Foundation Inc a good charity to donate to?
Isaac Ziering Foundation Inc has a Mission Score of 70/100. Revenue: $98K. Assets: $962K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Isaac Ziering Foundation Inc?
The Employer Identification Number (EIN) for Isaac Ziering Foundation Inc is 133429634. 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 Isaac Ziering Foundation Inc spend its money?
Isaac Ziering Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Isaac Ziering Foundation Inc's tax-exempt status?
You can verify Isaac Ziering Foundation Inc's tax-exempt status using EIN 133429634 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 Isaac Ziering Foundation Inc. demonstrates consistent financial stability with assets consistently around $1 million over the past decade, peaking at $1,091,528 in 2019. However, recent years show a trend of expenses exceeding revenue, notably in 2023 where expenses were $68,383 against revenue of $35,909, and in 2021 with expenses of $112,305 against revenue of $55,596. This suggests the organization is drawing down on its asset base to cover operational costs, which is a sustainability concern if it continues.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing executive overhead, which is a positive sign for donor funds being directed towards the mission. The very low liabilities ($1 across all periods) also points to sound financial management and a lack of debt.
Transparency appears to be good given the consistent filing of IRS Form 990s over an extended period. The lack of officer compensation is a strong indicator of a volunteer-led or very lean leadership structure, which can be a positive for efficiency. However, without more granular expense data, it's challenging to determine the exact proportion of funds directly supporting programmatic activities versus other overheads.