Quick charity verification for Loewenberg Foundation Inc (EIN: 136075586)
Verdict: Loewenberg Foundation Inc appears trustworthy
85/100Mission Score
$44.6MRevenue
$73.0MAssets
2Red Flags
5Strengths
Red Flags
NTEE Code is 'Unknown', limiting understanding of mission focus
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
Strong financial health with significant asset growth (e.g., $45,853,131 in 202310)
Very low expenses relative to revenue, indicating high operational efficiency (e.g., 3.86% expense ratio in 202310)
Consistent reporting of 0% officer compensation, suggesting low administrative costs
Minimal liabilities across all filing periods, indicating financial stability
Consistent IRS 990 filing history (10 filings), demonstrating transparency
Spending Breakdown
How Loewenberg Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Loewenberg Foundation Inc
Is Loewenberg Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Loewenberg Foundation Inc (EIN: 136075586) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Loewenberg Foundation Inc a good charity to donate to?
Loewenberg Foundation Inc has a Mission Score of 85/100. Revenue: $44.6M. Assets: $73.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Loewenberg Foundation Inc?
The Employer Identification Number (EIN) for Loewenberg Foundation Inc is 136075586. 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 Loewenberg Foundation Inc spend its money?
Loewenberg Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Loewenberg Foundation Inc's tax-exempt status?
You can verify Loewenberg Foundation Inc's tax-exempt status using EIN 136075586 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 Loewenberg Foundation Inc. demonstrates strong financial health, particularly in its latest filing period (202310) where it reported revenue of $30,475,475 against expenses of $1,175,945, leading to a significant increase in assets to $45,853,131. This indicates a substantial capacity for grantmaking or program investment. The organization consistently reports minimal liabilities ($1 across most filings), suggesting a very stable financial position.
Spending efficiency appears high, as expenses are consistently a small fraction of revenue, especially in recent years. For instance, in 202310, expenses were only about 3.86% of revenue. The absence of reported officer compensation across all filings suggests that the foundation operates with a volunteer or externally funded leadership structure, which contributes to lower administrative overhead.
Transparency is generally good given the consistent filing of IRS Form 990s. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories within the provided data, a precise assessment of spending efficiency and program focus is challenging. The 'Unknown' NTEE code also limits understanding of its specific charitable purpose.