Is Jay And Diane Zidell Charitablefoundation Legit?
Quick charity verification for Jay And Diane Zidell Charitablefoundation (EIN: 203912349)
Verdict: Jay And Diane Zidell Charitablefoundation appears trustworthy
90/100Mission Score
$2.7MRevenue
$15.0MAssets
1Red Flags
4Strengths
Red Flags
Periods of negative revenue, such as in 2021 ($-205,357), which could indicate investment losses or significant asset revaluations.
Strengths
Zero reported officer compensation across all filings, indicating highly efficient use of funds.
Consistent filing of IRS 990s, demonstrating transparency.
Substantial and stable asset base, currently $14,962,590, providing long-term financial security for its mission.
Minimal liabilities, typically $1, indicating strong financial health and low debt burden.
Spending Breakdown
How Jay And Diane Zidell Charitablefoundation 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 Jay And Diane Zidell Charitablefoundation
Is Jay And Diane Zidell Charitablefoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jay And Diane Zidell Charitablefoundation (EIN: 203912349) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Jay And Diane Zidell Charitablefoundation a good charity to donate to?
Jay And Diane Zidell Charitablefoundation has a Mission Score of 90/100. Revenue: $2.7M. Assets: $15.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jay And Diane Zidell Charitablefoundation?
The Employer Identification Number (EIN) for Jay And Diane Zidell Charitablefoundation is 203912349. 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 Jay And Diane Zidell Charitablefoundation spend its money?
Jay And Diane Zidell Charitablefoundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jay And Diane Zidell Charitablefoundation's tax-exempt status?
You can verify Jay And Diane Zidell Charitablefoundation's tax-exempt status using EIN 203912349 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 Jay And Diane Zidell Charitablefoundation demonstrates consistent financial activity, primarily operating as a grant-making private foundation. Over the past several years, the organization has maintained substantial assets, peaking at over $19 million in 2019 and currently standing at $14,962,590. While revenue has fluctuated, including negative revenue periods in 2021 and 2012, the foundation consistently incurs expenses, indicating ongoing charitable distributions. The absence of reported officer compensation across all available filings suggests a lean administrative structure, which is a positive indicator for donor confidence. The foundation's liabilities have remained minimal, typically $1, except for a period in 2012, indicating strong financial stability.
Spending efficiency appears high given the zero officer compensation reported. As a private foundation, its primary 'program' activity is grant-making, and the lack of significant administrative overhead beyond investment management and grant processing costs suggests that a large portion of its expenses directly support its charitable mission. The consistent asset base, despite revenue fluctuations, points to prudent financial management and a long-term commitment to its philanthropic goals. The foundation's transparency is bolstered by its consistent IRS 990 filings, providing a clear historical record of its financial operations.