Quick charity verification for Jon & Kathy Savitz Foundation (EIN: 134052242)
Verdict: Jon & Kathy Savitz Foundation appears trustworthy
85/100Mission Score
$64KRevenue
$1.5MAssets
1Red Flags
4Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in most recent years, indicating reliance on asset drawdowns.
Strengths
Substantial asset base of over $1.5 million, providing long-term financial stability.
Zero officer compensation reported, indicating efficient use of funds and volunteer leadership.
Consistent IRS 990 filing history, demonstrating strong transparency and compliance.
Minimal liabilities, indicating a healthy balance sheet.
Spending Breakdown
How Jon & Kathy Savitz 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 Jon & Kathy Savitz Foundation
Is Jon & Kathy Savitz Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jon & Kathy Savitz Foundation (EIN: 134052242) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Jon & Kathy Savitz Foundation a good charity to donate to?
Jon & Kathy Savitz Foundation has a Mission Score of 85/100. Revenue: $64K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jon & Kathy Savitz Foundation?
The Employer Identification Number (EIN) for Jon & Kathy Savitz Foundation is 134052242. 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 Jon & Kathy Savitz Foundation spend its money?
Jon & Kathy Savitz Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jon & Kathy Savitz Foundation's tax-exempt status?
You can verify Jon & Kathy Savitz Foundation's tax-exempt status using EIN 134052242 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 Jon & Kathy Savitz Foundation operates as a private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations). Its financial health appears stable, with assets consistently over $1.5 million, reaching $1,531,804 in the latest period, significantly outweighing its minimal liabilities. However, the foundation has consistently spent more than it has brought in through revenue in most recent years, with expenses of $71,637 against revenue of $65,178 in 2023 and $89,632 against $11,554 in 2022. This suggests it is drawing down its asset base to fund its grantmaking activities, which is typical for a private foundation. The foundation's transparency is high, as evidenced by its consistent filing of IRS Form 990s over the past decade, with no officer compensation reported, which simplifies financial scrutiny.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs within the provided data. However, as a private foundation, its primary function is to make grants, and the absence of officer compensation suggests a lean operational structure. The consistent deficit spending, where expenses exceed revenue, indicates a deliberate strategy to disburse funds from its endowment rather than relying solely on annual contributions or investment income. This approach is common for foundations aiming to fulfill their philanthropic mission by distributing assets over time.
Overall, the foundation demonstrates financial stability through its substantial asset base and consistent compliance with reporting requirements. While it consistently spends more than its annual revenue, this is a characteristic of private foundations distributing their corpus. The lack of officer compensation is a positive indicator of efficient use of funds, though a more granular breakdown of expenses would provide deeper insight into its operational efficiency.