Quick charity verification for Lemberg Foundation Inc (EIN: 136082064)
Verdict: Lemberg Foundation Inc appears trustworthy
85/100Mission Score
$5.3MRevenue
$8.7MAssets
1Red Flags
3Strengths
Red Flags
Consistent negative net income in recent years (e.g., 2023, 2022, 2020, 2019, 2015, 2014) where expenses exceeded revenue, indicating reliance on asset drawdowns.
Strengths
Zero officer compensation reported across all filings, demonstrating efficient use of funds at the executive level.
Consistently low or zero liabilities, indicating strong financial management and minimal debt.
Significant asset base (over $8 million currently) provides a buffer despite recent negative net income trends.
Spending Breakdown
How Lemberg 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 Lemberg Foundation Inc
Is Lemberg Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lemberg Foundation Inc (EIN: 136082064) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Lemberg Foundation Inc a good charity to donate to?
Lemberg Foundation Inc has a Mission Score of 85/100. Revenue: $5.3M. Assets: $8.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lemberg Foundation Inc?
The Employer Identification Number (EIN) for Lemberg Foundation Inc is 136082064. 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 Lemberg Foundation Inc spend its money?
Lemberg Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lemberg Foundation Inc's tax-exempt status?
You can verify Lemberg Foundation Inc's tax-exempt status using EIN 136082064 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 Lemberg Foundation Inc. appears to be a grant-making organization, as indicated by its consistent revenue and expense patterns over the past decade. A notable trend is that in several recent years, expenses have exceeded revenue, such as in 2023 where expenses were $4,027,957 against revenue of $3,490,052, and in 2022 with expenses of $4,718,438 against revenue of $4,367,311. This suggests the organization may be drawing down on its assets or relying on prior year surpluses. The foundation consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency and program focus. The consistent reporting of minimal liabilities across all filings suggests sound financial management in terms of debt.