Quick charity verification for Kwitman Family Foundation Inc (EIN: 133885787)
Verdict: Kwitman Family Foundation Inc appears trustworthy
85/100Mission Score
$863KRevenue
$1.8MAssets
2Red Flags
4Strengths
Red Flags
Consistent spending exceeding revenue, leading to asset drawdown (e.g., $130,422 expenses vs. $85,549 revenue in 2023).
Lack of detailed program spending breakdown in provided summary data, making it difficult to assess specific impact areas.
Strengths
Consistent 0% officer compensation across all reported periods.
Very low liabilities ($1 in most recent years), indicating strong financial management.
Stable asset base, despite consistent drawdowns, suggesting a well-managed endowment.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Kwitman Family 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 Kwitman Family Foundation Inc
Is Kwitman Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kwitman Family Foundation Inc (EIN: 133885787) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Kwitman Family Foundation Inc a good charity to donate to?
Kwitman Family Foundation Inc has a Mission Score of 85/100. Revenue: $863K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kwitman Family Foundation Inc?
The Employer Identification Number (EIN) for Kwitman Family Foundation Inc is 133885787. 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 Kwitman Family Foundation Inc spend its money?
Kwitman Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kwitman Family Foundation Inc's tax-exempt status?
You can verify Kwitman Family Foundation Inc's tax-exempt status using EIN 133885787 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 Kwitman Family Foundation Inc. appears to be a private foundation, as indicated by its consistent revenue and expense patterns, and the NTEE code T60Z (Private Grantmaking Foundations). Over the past several years, the foundation has consistently spent more than its annual revenue, drawing down its assets. For example, in 2023, revenue was $85,549 while expenses were $130,422, leading to a decrease in assets from $1,681,678 in 2022 to $1,633,301 in 2023. This trend is visible across most of the reported periods, suggesting a strategy of distributing funds from its endowment rather than growing it through new contributions.
The organization demonstrates strong financial transparency by consistently filing its IRS Form 990s. A key positive indicator is the consistent reporting of 0% officer compensation across all available filings, suggesting that the foundation's leadership is unpaid, which is common for smaller private foundations and can indicate a high dedication to the mission without personal financial gain. The very low liabilities ($1 in most recent years) also point to sound financial management and minimal debt. While specific program spending details are not provided in the summary data, the overall financial health, characterized by a stable asset base and minimal liabilities, suggests a well-managed entity fulfilling its grantmaking purpose.