Quick charity verification for Joseph & Sophia Abeles Foundation Inc (EIN: 136259577)
Verdict: Joseph & Sophia Abeles Foundation Inc appears trustworthy
85/100Mission Score
$4.8MRevenue
$12.6MAssets
2Red Flags
5Strengths
Red Flags
NTEE Code Unknown (limits understanding of mission alignment)
Lack of detailed expense breakdown beyond total expenses (hinders precise efficiency analysis)
Strengths
Consistent asset growth (from $7.7M in 2011 to $10.4M in 2023)
No reported officer compensation (suggests high efficiency or volunteer leadership)
Minimal liabilities (strong financial health)
Generally positive net income (sound financial management)
Long history of IRS 990 filings (good transparency)
Spending Breakdown
How Joseph & Sophia Abeles Foundation Inc 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 Joseph & Sophia Abeles Foundation Inc
Is Joseph & Sophia Abeles Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Joseph & Sophia Abeles Foundation Inc (EIN: 136259577) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Joseph & Sophia Abeles Foundation Inc a good charity to donate to?
Joseph & Sophia Abeles Foundation Inc has a Mission Score of 85/100. Revenue: $4.8M. Assets: $12.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Joseph & Sophia Abeles Foundation Inc?
The Employer Identification Number (EIN) for Joseph & Sophia Abeles Foundation Inc is 136259577. 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 Joseph & Sophia Abeles Foundation Inc spend its money?
Joseph & Sophia Abeles Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Joseph & Sophia Abeles Foundation Inc's tax-exempt status?
You can verify Joseph & Sophia Abeles Foundation Inc's tax-exempt status using EIN 136259577 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 Joseph & Sophia Abeles Foundation Inc. demonstrates consistent financial health, with assets growing from $7.7 million in 2011 to over $10.4 million in 2023. The organization consistently maintains a positive net income, with revenue generally exceeding expenses, as seen in 2023 where revenue was $2,744,170 against expenses of $1,558,696. This indicates sound financial management and the ability to build reserves.
Regarding spending efficiency, without detailed expense breakdowns beyond total expenses, it's challenging to precisely determine program, administrative, and fundraising ratios. However, the consistent operational surplus suggests that the foundation is managing its overall expenditures effectively relative to its income. The absence of reported officer compensation is a notable aspect, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, which can contribute to lower administrative overhead.
Transparency appears to be adequate through its regular IRS 990 filings. The consistent reporting of assets, liabilities, revenue, and expenses over more than a decade provides a clear financial history. The lack of reported officer compensation, while potentially efficient, could also warrant further inquiry into how leadership is supported, if at all, to fully understand the organization's operational structure.