Minimal liabilities reported ($1 or $377), indicating sound financial management.
Spending Breakdown
How Kurtz 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 Kurtz Family Foundation
Is Kurtz Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kurtz Family Foundation (EIN: 202018993) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Kurtz Family Foundation a good charity to donate to?
Kurtz Family Foundation has a Mission Score of 85/100. Revenue: $1.3M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kurtz Family Foundation?
The Employer Identification Number (EIN) for Kurtz Family Foundation is 202018993. 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 Kurtz Family Foundation spend its money?
Kurtz Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kurtz Family Foundation's tax-exempt status?
You can verify Kurtz Family Foundation's tax-exempt status using EIN 202018993 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 Kurtz Family Foundation, a private foundation (NTEE Code T20), demonstrates consistent financial activity with a focus on grantmaking, as evidenced by its 990 filings. Over the past five years (2019-2023), the foundation has consistently reported expenses exceeding revenue, drawing down on its asset base. For instance, in 2023, expenses were $315,287 against revenues of $305,295, and in 2022, expenses were $295,209 against revenues of $56,281. This pattern is typical for a private foundation distributing grants from its endowment. The foundation maintains a healthy asset base, reported at $2,829,914 in 2023, which supports its ongoing philanthropic activities.
The organization exhibits strong spending efficiency in terms of overhead, as it consistently reports 0% officer compensation across all available filings. This indicates that the foundation's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. The liabilities have consistently been reported as minimal ($1 or $377), suggesting sound financial management and low debt burden. The foundation's transparency is good, with a consistent filing history of 10 IRS 990 forms, providing a clear public record of its financial operations.
While the specific breakdown of program vs. administrative expenses isn't detailed in the provided summary, the nature of a private foundation often means a significant portion of expenses are direct grants (programs) with a smaller administrative footprint. The consistent asset base, despite annual drawdowns, suggests a sustainable model for its current level of operations. The lack of officer compensation is a significant positive indicator of efficient resource allocation.