Is Larry Benaroya Family Foundation Legit?

Quick charity verification for Larry Benaroya Family Foundation (EIN: 203890382)

Verdict: Larry Benaroya Family Foundation appears trustworthy

90/100Mission Score
$18.6MRevenue
$16.2MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Larry Benaroya Family Foundation allocates its funds across programs, administration, and fundraising.

95%
Program Spending
Healthy — majority goes to mission
5%
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 Larry Benaroya Family Foundation

Is Larry Benaroya Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Larry Benaroya Family Foundation (EIN: 203890382) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Larry Benaroya Family Foundation a good charity to donate to?

Larry Benaroya Family Foundation has a Mission Score of 90/100. Revenue: $18.6M. Assets: $16.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Larry Benaroya Family Foundation?

The Employer Identification Number (EIN) for Larry Benaroya Family Foundation is 203890382. 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 Larry Benaroya Family Foundation spend its money?

Larry Benaroya Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Larry Benaroya Family Foundation's tax-exempt status?

You can verify Larry Benaroya Family Foundation's tax-exempt status using EIN 203890382 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 Larry Benaroya Family Foundation demonstrates a strong commitment to its programmatic mission, as evidenced by its consistent and substantial grantmaking activities. In the 2023 fiscal period, the foundation reported expenses of $1,796,888, with a significant portion likely directed towards its charitable objectives, given its nature as a family foundation. The organization maintains a healthy asset base, with $25,949,548 in assets as of the 2023 filing, indicating long-term financial stability and capacity for future giving. Its liabilities are consistently minimal, often reported as $1, which is a strong indicator of sound financial management and low financial risk. Spending efficiency appears high, particularly in administrative overhead. The foundation consistently reports 0% officer compensation across all available filings, suggesting that administrative costs are kept very low, allowing a greater proportion of funds to be allocated to charitable purposes. While a detailed breakdown of program vs. administrative expenses isn't explicitly provided in the summary data, the absence of officer compensation is a strong positive signal for efficiency. The foundation's revenue has fluctuated significantly over the years, from a negative revenue in 2020 to over $15 million in 2022, which is typical for foundations whose income is largely derived from investment returns or large, infrequent contributions. Transparency is generally good, with 10 years of IRS 990 filings available, providing a comprehensive historical view of its financial operations. The consistent reporting of minimal liabilities and zero officer compensation enhances trust. However, without a more granular breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency beyond officer compensation is challenging. Overall, the foundation appears to be a well-managed entity focused on its philanthropic goals.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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