Quick charity verification for Lempert Family Foundation (EIN: 141808971)
Verdict: Lempert Family Foundation appears trustworthy
85/100Mission Score
$78KRevenue
$199KAssets
1Red Flags
4Strengths
Red Flags
Inconsistent annual revenue and expense patterns, leading to operational deficits in some years (e.g., 2022, 2021, 2015).
Strengths
Zero executive compensation reported across all filings, indicating efficient use of funds.
Consistently low liabilities ($0 or $1), demonstrating strong financial health and minimal debt.
Maintains a healthy asset base (e.g., $219,992 in 2023) despite revenue fluctuations.
Consistent and transparent IRS 990 filing history.
Spending Breakdown
How Lempert 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 Lempert Family Foundation
Is Lempert Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lempert Family Foundation (EIN: 141808971) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Lempert Family Foundation a good charity to donate to?
Lempert Family Foundation has a Mission Score of 85/100. Revenue: $78K. Assets: $199K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lempert Family Foundation?
The Employer Identification Number (EIN) for Lempert Family Foundation is 141808971. 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 Lempert Family Foundation spend its money?
Lempert Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lempert Family Foundation's tax-exempt status?
You can verify Lempert Family Foundation's tax-exempt status using EIN 141808971 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 Lempert Family Foundation demonstrates consistent financial transparency through its regular IRS 990 filings, with no reported officer compensation across all available periods. The organization's financial health shows some volatility in revenue and expenses. For instance, in 2023, it reported revenue of $78,050 against expenses of $38,802, indicating a surplus. However, in 2022, expenses ($74,193) significantly outstripped revenue ($30,118), and similar patterns were observed in 2021 and 2015. This fluctuation suggests that while the foundation maintains a healthy asset base (e.g., $219,992 in 2023), its operational funding may not always cover its spending in a given year, potentially relying on prior year surpluses or asset drawdowns. The consistent reporting of minimal liabilities ($1 or $0) indicates a strong balance sheet and responsible financial management in terms of debt.