Quick charity verification for Levine Family Foundation Inc (EIN: 208961191)
Verdict: Levine Family Foundation Inc appears trustworthy
95/100Mission Score
$717KRevenue
$1.6MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown beyond 'grants' in summary data
Strengths
Exceptional financial efficiency with very low expenses relative to revenue (e.g., 2023 expenses were <6% of revenue)
Consistent asset growth, indicating strong financial health and capacity for future grant-making (assets grew from $110,345 in 2019 to $990,390 in 2023)
No reported officer compensation, maximizing resources for charitable purposes
Stable financial position with consistently minimal liabilities ($1 reported across all filings)
Strong program focus, as evidenced by the nature of a private grantmaking foundation and low overhead
Spending Breakdown
How Levine Family Foundation Inc 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 Levine Family Foundation Inc
Is Levine Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Levine Family Foundation Inc (EIN: 208961191) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Levine Family Foundation Inc a good charity to donate to?
Levine Family Foundation Inc has a Mission Score of 95/100. Revenue: $717K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Levine Family Foundation Inc?
The Employer Identification Number (EIN) for Levine Family Foundation Inc is 208961191. 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 Levine Family Foundation Inc spend its money?
Levine Family Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Levine Family Foundation Inc's tax-exempt status?
You can verify Levine Family Foundation Inc's tax-exempt status using EIN 208961191 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 Levine Family Foundation Inc. demonstrates strong financial health and efficiency, primarily operating as a grant-making organization. Over the past five years, the foundation has consistently reported significantly higher revenues than expenses, leading to substantial growth in its asset base, from $110,345 in 2019 to $990,390 in 2023. This indicates a robust capacity to fulfill its mission through grant distributions. The latest filing shows revenue of $407,046 against expenses of only $21,200, suggesting a very high proportion of funds are either retained for future grant-making or directly distributed as program services, which is typical for a private foundation.
The organization's spending efficiency is exceptional, with expenses consistently representing a small fraction of its revenue. For instance, in 2023, expenses were less than 6% of revenue. This low overhead is a strong indicator of efficient operations. The absence of reported officer compensation further contributes to its efficiency and suggests that administrative costs are minimal, allowing more resources to be directed towards its charitable purpose. The consistent reporting of minimal liabilities ($1) across all filings also points to sound financial management and stability.
Transparency is generally good, with consistent annual filings available. The NTEE code T20 indicates it is a private grantmaking foundation, which aligns with its financial patterns of accumulating assets and making grants. The lack of officer compensation reported across all filings is a positive transparency signal, indicating that the foundation's resources are not being used for executive salaries. Overall, the foundation appears to be a well-managed and financially sound entity focused on its grant-making mission.