Quick charity verification for Lidia Matticchio Bastianich Foundation (EIN: 134090182)
Verdict: Lidia Matticchio Bastianich Foundation shows mixed signals
50/100Mission Score
$3.3MRevenue
$1.8MAssets
4Red Flags
2Strengths
Red Flags
Significant discrepancy between stated 'Latest Revenue' ($3,263,429) and historical filing data (max $25,000 revenue).
Consistently minimal assets and liabilities ($1) in historical filings, which is atypical.
Expenses frequently exceed revenue in individual years, indicating potential reliance on undisclosed reserves or funding.
Lack of clear financial scale and activity based on historical 990 data.
Strengths
Zero officer compensation reported across all filings, indicating a volunteer-led structure and high efficiency in executive overhead.
Low reported expenses in historical filings, suggesting a lean operational model.
Spending Breakdown
How Lidia Matticchio Bastianich Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
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 Lidia Matticchio Bastianich Foundation
Is Lidia Matticchio Bastianich Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lidia Matticchio Bastianich Foundation (EIN: 134090182) shows mixed signals. Mission Score: 50/100. 4 red flags identified, 2 strengths noted.
Is Lidia Matticchio Bastianich Foundation a good charity to donate to?
Lidia Matticchio Bastianich Foundation has a Mission Score of 50/100. Revenue: $3.3M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lidia Matticchio Bastianich Foundation?
The Employer Identification Number (EIN) for Lidia Matticchio Bastianich Foundation is 134090182. 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 Lidia Matticchio Bastianich Foundation spend its money?
Lidia Matticchio Bastianich Foundation allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lidia Matticchio Bastianich Foundation's tax-exempt status?
You can verify Lidia Matticchio Bastianich Foundation's tax-exempt status using EIN 134090182 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 Lidia Matticchio Bastianich Foundation exhibits a highly unusual financial profile based on its IRS 990 filings. While the latest reported revenue is stated as $3,263,429, the detailed filing history shows significantly lower figures, with the highest annual revenue in the provided history being $25,000 in 202308. This discrepancy between the 'Latest Revenue' and the historical filing data is a major concern for transparency and financial health assessment. The organization consistently reports minimal assets and liabilities, often just $1 in liabilities, which is atypical for an active nonprofit. Expenses have generally been low, often exceeding revenue in individual years, suggesting reliance on prior reserves or other undisclosed funding sources. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led or very lean operational structure, which can be a positive for efficiency if programs are being effectively delivered. However, the overall financial picture is fragmented and lacks clarity due to the significant difference between the stated 'Latest Revenue' and the detailed historical data.