Quick charity verification for Lurie Family Foundation (EIN: 202741949)
Verdict: Lurie Family Foundation appears trustworthy
85/100Mission Score
$2.5MRevenue
$18.5MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong and stable asset base (consistently $18M-$20M)
Minimal liabilities ($0 or $1 reported across all filings)
Zero reported officer compensation, indicating efficient use of funds or volunteer leadership
Consistent financial reporting over a long period (9 filings)
Spending Breakdown
How Lurie Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Lurie Family Foundation
Is Lurie Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lurie Family Foundation (EIN: 202741949) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Lurie Family Foundation a good charity to donate to?
Lurie Family Foundation has a Mission Score of 85/100. Revenue: $2.5M. Assets: $18.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lurie Family Foundation?
The Employer Identification Number (EIN) for Lurie Family Foundation is 202741949. 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 Lurie Family Foundation spend its money?
Lurie Family Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lurie Family Foundation's tax-exempt status?
You can verify Lurie Family Foundation's tax-exempt status using EIN 202741949 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 Lurie Family Foundation demonstrates consistent financial activity, maintaining substantial assets over the past decade, averaging around $18-20 million. While revenue fluctuates, as seen with a high of $2,157,197 in 2022 and a low of $558,054 in 2014, the organization consistently incurs expenses, sometimes exceeding revenue, such as in 2023 where expenses were $3,109,141 against revenue of $697,554. This suggests a reliance on its significant asset base to fund operations and grantmaking. The consistent reporting of zero officer compensation across all available filings indicates a high degree of transparency regarding executive pay, as it suggests either a volunteer board or compensation is covered by other means not reported as officer compensation on the 990, which is common for private foundations. The foundation's liabilities have consistently been reported as minimal ($0 or $1), indicating a strong balance sheet and low financial risk.