Quick charity verification for Lindemann Foundation Inc (EIN: 136140249)
Verdict: Lindemann Foundation Inc appears trustworthy
75/100Mission Score
$1.6MRevenue
$1.6MAssets
3Red Flags
4Strengths
Red Flags
Volatile revenue, including multiple years of negative revenue (e.g., -$15,790 in 2023, -$256,930 in 2020), indicating reliance on potentially unpredictable investment returns.
Lack of detailed expense breakdown (program vs. admin) in the provided data makes it difficult to fully assess spending efficiency.
NTEE Code is unknown, which limits understanding of its specific charitable focus and impact area.
Strengths
Strong balance sheet with consistently low liabilities ($1 in most recent filings) and stable assets (e.g., $1,609,823 latest assets).
Consistent IRS 990 filing history over a decade, demonstrating good regulatory compliance.
No reported officer compensation, potentially indicating a volunteer-led organization and efficient use of funds.
How Lindemann Foundation Inc 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 Lindemann Foundation Inc
Is Lindemann Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lindemann Foundation Inc (EIN: 136140249) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Lindemann Foundation Inc a good charity to donate to?
Lindemann Foundation Inc has a Mission Score of 75/100. Revenue: $1.6M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lindemann Foundation Inc?
The Employer Identification Number (EIN) for Lindemann Foundation Inc is 136140249. 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 Lindemann Foundation Inc spend its money?
Lindemann Foundation Inc allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lindemann Foundation Inc's tax-exempt status?
You can verify Lindemann Foundation Inc's tax-exempt status using EIN 136140249 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 Lindemann Foundation Inc. exhibits a unique financial profile, primarily operating as a grant-making foundation with fluctuating revenue streams, including several periods of negative revenue (e.g., -$15,790 in 2023 and -$256,930 in 2020). Despite these fluctuations, its asset base has remained relatively stable over the past decade, hovering around $1.2 million to $1.7 million, with current assets at $1,609,823. The organization consistently reports minimal liabilities ($1 in most recent filings), indicating a strong balance sheet and low financial risk.
Spending efficiency is difficult to fully assess without a detailed breakdown of program vs. administrative expenses, as the provided data only shows total expenses. However, total expenses have been remarkably consistent, generally ranging from $90,000 to $120,000 annually. The absence of reported officer compensation across all filings suggests either a volunteer-led board or compensation is categorized differently, which could be a positive indicator of efficiency or an area requiring further clarification for full transparency. The organization's consistent filing history demonstrates a commitment to regulatory compliance.
Overall, the foundation appears to be a well-managed entity with a stable asset base and consistent operational expenses. Its transparency is good in terms of filing compliance and low liabilities, but a more granular breakdown of expenses would enhance understanding of its spending efficiency and program impact. The negative revenue figures in certain years warrant further investigation to understand their source, likely related to investment losses or specific accounting practices for foundations.