Is Liz Claiborne & Art Ortenberg Foundation Legit?
Quick charity verification for Liz Claiborne & Art Ortenberg Foundation (EIN: 133200329)
Verdict: Liz Claiborne & Art Ortenberg Foundation appears trustworthy
90/100Mission Score
$247.9MRevenue
$229.5MAssets
1Red Flags
4Strengths
Red Flags
Significant year-over-year revenue volatility, potentially indicating reliance on large, infrequent donations or investment gains rather than consistent fundraising.
Strengths
Consistent 0% officer compensation, indicating highly efficient use of funds and dedication to mission.
Substantial and growing asset base ($229,502,423), providing long-term financial stability.
Minimal liabilities reported across all filings, demonstrating strong financial health.
Active deployment of funds, with expenses sometimes exceeding annual revenue, indicating commitment to grantmaking.
Spending Breakdown
How Liz Claiborne & Art Ortenberg Foundation 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 Liz Claiborne & Art Ortenberg Foundation
Is Liz Claiborne & Art Ortenberg Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Liz Claiborne & Art Ortenberg Foundation (EIN: 133200329) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Liz Claiborne & Art Ortenberg Foundation a good charity to donate to?
Liz Claiborne & Art Ortenberg Foundation has a Mission Score of 90/100. Revenue: $247.9M. Assets: $229.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Liz Claiborne & Art Ortenberg Foundation?
The Employer Identification Number (EIN) for Liz Claiborne & Art Ortenberg Foundation is 133200329. 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 Liz Claiborne & Art Ortenberg Foundation spend its money?
Liz Claiborne & Art Ortenberg Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Liz Claiborne & Art Ortenberg Foundation's tax-exempt status?
You can verify Liz Claiborne & Art Ortenberg Foundation's tax-exempt status using EIN 133200329 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 Liz Claiborne & Art Ortenberg Foundation demonstrates a strong commitment to program spending, with a significant portion of its expenses directed towards its mission. For instance, in 2023, the foundation reported expenses of $13,149,911 against revenues of $5,446,365, indicating substantial grantmaking activity. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds and a focus on mission over executive pay. However, the foundation has experienced considerable fluctuations in revenue, with a peak of $247,878,373 in its latest reported revenue, contrasting with much lower figures in previous years, suggesting reliance on large, infrequent contributions or investment gains. Despite these revenue swings, the asset base has shown consistent growth, reaching $229,502,423, providing a stable financial foundation for future operations. The consistent reporting of minimal liabilities further underscores financial stability.