Significant revenue increases in recent years, such as $2,304,410 in 2023.
Spending Breakdown
How Jack And Debra Edelman Foundationinc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Jack And Debra Edelman Foundationinc
Is Jack And Debra Edelman Foundationinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jack And Debra Edelman Foundationinc (EIN: 208022209) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Jack And Debra Edelman Foundationinc a good charity to donate to?
Jack And Debra Edelman Foundationinc has a Mission Score of 92/100. Revenue: $2.8M. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jack And Debra Edelman Foundationinc?
The Employer Identification Number (EIN) for Jack And Debra Edelman Foundationinc is 208022209. 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 Jack And Debra Edelman Foundationinc spend its money?
Jack And Debra Edelman Foundationinc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jack And Debra Edelman Foundationinc's tax-exempt status?
You can verify Jack And Debra Edelman Foundationinc's tax-exempt status using EIN 208022209 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 Jack And Debra Edelman Foundationinc demonstrates strong financial health and efficiency, particularly in its recent filings. In 2023, the organization reported revenue of $2,304,410 against expenses of $379,237, indicating a significant surplus that contributed to a substantial increase in assets to $3,070,503. This trend of revenue exceeding expenses is consistent in recent years, with 2022 showing revenue of $1,010,539 and expenses of $337,497. The foundation's assets have grown considerably, from $142,021 in 2011 to over $3 million in 2023, reflecting effective financial management and growth in its endowment or investment portfolio.
The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of efficient spending and a focus on mission-related expenditures rather than administrative overhead. With liabilities consistently reported as $1, the foundation maintains a very healthy balance sheet with minimal debt. While specific program spending percentages are not detailed in the provided summary, the low overall expenses relative to revenue suggest a lean operational model. The NTEE code T22, 'Private Grantmaking Foundations', implies that a significant portion of its expenses would be in grants, aligning with its purpose.
Overall, the Jack And Debra Edelman Foundationinc appears to be a well-managed and financially robust private foundation. Its consistent growth in assets, minimal liabilities, and zero officer compensation point to a high degree of financial prudence and a strong commitment to its philanthropic objectives. The lack of detailed program vs. administrative expense breakdown is a minor transparency point, but the overall financial picture is very positive.