Quick charity verification for Lou And Michele Gentine Foundation Inc (EIN: 203649904)
Verdict: Lou And Michele Gentine Foundation Inc appears trustworthy
92/100Mission Score
$16.0MRevenue
$17.3MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeding revenue in recent periods (e.g., 2023, 2022, 2021, 2020) could indicate reliance on reserves or investment income to cover operational costs.
Strengths
Consistent 0% officer compensation, ensuring all funds are directed towards the mission.
Strong and growing asset base, indicating financial stability and capacity for future programs (e.g., $5,101,065 in 2023).
Minimal liabilities across all filing periods, demonstrating excellent financial management and low debt.
Clear focus on program spending, with no reported fundraising expenses, suggesting efficient resource allocation.
Spending Breakdown
How Lou And Michele Gentine 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 Lou And Michele Gentine Foundation Inc
Is Lou And Michele Gentine Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lou And Michele Gentine Foundation Inc (EIN: 203649904) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Lou And Michele Gentine Foundation Inc a good charity to donate to?
Lou And Michele Gentine Foundation Inc has a Mission Score of 92/100. Revenue: $16.0M. Assets: $17.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lou And Michele Gentine Foundation Inc?
The Employer Identification Number (EIN) for Lou And Michele Gentine Foundation Inc is 203649904. 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 Lou And Michele Gentine Foundation Inc spend its money?
Lou And Michele Gentine Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lou And Michele Gentine Foundation Inc's tax-exempt status?
You can verify Lou And Michele Gentine Foundation Inc's tax-exempt status using EIN 203649904 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 Lou And Michele Gentine Foundation Inc. demonstrates a consistent commitment to its programmatic mission, as evidenced by its spending patterns. In the latest filing period (202312), the organization reported expenses of $1,101,940, with a significant portion directed towards program services. The foundation maintains a healthy asset base, with $5,101,065 in assets in 2023, indicating financial stability. Its liabilities have consistently been minimal, often reported as $1 or $0, which is a strong indicator of sound financial management and low debt risk.
While the foundation has experienced fluctuations in revenue, such as the $837,460 in 2023 compared to $1,321,353 in 2019, its ability to manage expenses and maintain a substantial asset base suggests resilience. The consistent reporting of 0% officer compensation across all available filings highlights a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust. The foundation's financial health appears robust, with a clear focus on its charitable purpose.