Is Leni & Peter May Family Foundation…

Quick charity verification for Leni & Peter May Family Foundation (EIN: 133557827)

Strengths

Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
Healthy and growing asset base, currently at $4,984,473, providing a strong financial foundation.
Very low liabilities across all reported periods, demonstrating strong financial management and minimal debt.
Consistent IRS 990 filing history over 10 periods, indicating good transparency and compliance.

Spending Breakdown

How Leni & Peter May Family Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Leni & Peter May Family Foundation

Is Leni & Peter May Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Leni & Peter May Family Foundation (EIN: 133557827) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Leni & Peter May Family Foundation a good charity to donate to?

Leni & Peter May Family Foundation has a Mission Score of 75/100. Revenue: $3.3M. Assets: $5.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Leni & Peter May Family Foundation?

The Employer Identification Number (EIN) for Leni & Peter May Family Foundation is 133557827. 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 Leni & Peter May Family Foundation spend its money?

Leni & Peter May Family Foundation allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Leni & Peter May Family Foundation's tax-exempt status?

You can verify Leni & Peter May Family Foundation's tax-exempt status using EIN 133557827 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 Leni & Peter May Family Foundation demonstrates a generally healthy financial position, with assets consistently in the multi-million dollar range, currently at $4,984,473. The foundation's revenue has shown significant fluctuation over the years, with a notable peak of $3,153,243 in 2023, following a much lower $154,680 in 2022. This volatility suggests reliance on investment returns or large, infrequent contributions rather than a steady stream of income. The foundation's expenses have also varied, but in 2023, expenses were $1,981,469 against revenue of $3,153,243, indicating a positive operating margin for that period.

Regarding spending efficiency, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings is a strong indicator of efficient use of funds, as it suggests that the foundation's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is common for family foundations. The foundation's liabilities have remained very low, often at $1 or $175, indicating strong financial management and minimal debt.

In terms of transparency, the consistent filing of IRS Form 990s over a decade provides a good level of public disclosure. The absence of officer compensation is a positive transparency signal. However, without NTEE code information, it's difficult to ascertain the specific programmatic focus and thus evaluate the effectiveness of their spending in relation to a defined mission. Further detail on the allocation of expenses would enhance transparency.

Is Leni & Peter May Family Foundation Legit?

Verdict: Leni & Peter May Family Foundation appears trustworthy

Red Flags