Is Jerome A And Deena L Kaplan Family Foundation Legit?
Quick charity verification for Jerome A And Deena L Kaplan Family Foundation (EIN: 201933917)
Verdict: Jerome A And Deena L Kaplan Family Foundation appears trustworthy
85/100Mission Score
$790KRevenue
$1.2MAssets
1Red Flags
3Strengths
Red Flags
Annual expenses sometimes exceed revenue (e.g., 2023 expenses of $525,653 vs. revenue of $433,783), leading to a draw on assets in some years.
Strengths
Consistent 0% officer compensation, indicating efficient use of funds.
Strong asset base ($1,162,178 in 2023) relative to liabilities ($1), ensuring long-term sustainability.
Regular and consistent IRS 990 filing history, demonstrating transparency.
Spending Breakdown
How Jerome A And Deena L Kaplan Family Foundation 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 Jerome A And Deena L Kaplan Family Foundation
Is Jerome A And Deena L Kaplan Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jerome A And Deena L Kaplan Family Foundation (EIN: 201933917) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Jerome A And Deena L Kaplan Family Foundation a good charity to donate to?
Jerome A And Deena L Kaplan Family Foundation has a Mission Score of 85/100. Revenue: $790K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jerome A And Deena L Kaplan Family Foundation?
The Employer Identification Number (EIN) for Jerome A And Deena L Kaplan Family Foundation is 201933917. 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 Jerome A And Deena L Kaplan Family Foundation spend its money?
Jerome A And Deena L Kaplan Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jerome A And Deena L Kaplan Family Foundation's tax-exempt status?
You can verify Jerome A And Deena L Kaplan Family Foundation's tax-exempt status using EIN 201933917 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 Jerome A And Deena L Kaplan Family Foundation appears to be a private foundation, as indicated by its NTEE code T20 (Private Grantmaking Foundations) and its consistent pattern of grantmaking rather than direct program services. Its financial health shows some volatility in revenue and expenses over the past decade. For example, in 2023, expenses ($525,653) exceeded revenue ($433,783), leading to a net deficit for the year. However, the foundation maintains a healthy asset base, with $1,162,178 in assets as of 2023, significantly exceeding its minimal liabilities of $1. This suggests a stable long-term capacity to fulfill its grantmaking mission despite annual fluctuations.
Spending efficiency is difficult to fully assess without a detailed breakdown of program vs. administrative expenses, which is not provided in the summary data. However, as a private foundation, a significant portion of its expenses would typically be grants (programmatic spending). The consistent reporting of 0% officer compensation suggests a lean operational structure, which is a positive indicator for efficiency. Transparency is generally good, with 10 years of IRS 990 filings available, indicating regular reporting to the public and the IRS.