Is Marvin Naiman And Margery Goldman Family…

Quick charity verification for Marvin Naiman And Margery Goldman Family Foundation (EIN: 203309847)

Strengths

Zero executive compensation: No officer compensation reported across all filings, indicating high efficiency in this area.
Minimal liabilities: Consistently reports $1 in liabilities, demonstrating strong financial management and low debt.
Consistent grantmaking: Despite asset decline, the foundation continues to disburse funds, as evidenced by consistent expenses.
Strong asset base: Maintains over $2 million in assets, providing a significant endowment for its mission.

Spending Breakdown

How Marvin Naiman And Margery Goldman Family Foundation allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Marvin Naiman And Margery Goldman Family Foundation

Is Marvin Naiman And Margery Goldman Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Marvin Naiman And Margery Goldman Family Foundation (EIN: 203309847) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Marvin Naiman And Margery Goldman Family Foundation a good charity to donate to?

Marvin Naiman And Margery Goldman Family Foundation has a Mission Score of 85/100. Revenue: $526K. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Marvin Naiman And Margery Goldman Family Foundation?

The Employer Identification Number (EIN) for Marvin Naiman And Margery Goldman Family Foundation is 203309847. 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 Marvin Naiman And Margery Goldman Family Foundation spend its money?

Marvin Naiman And Margery Goldman Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Marvin Naiman And Margery Goldman Family Foundation's tax-exempt status?

You can verify Marvin Naiman And Margery Goldman Family Foundation's tax-exempt status using EIN 203309847 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 Marvin Naiman And Margery Goldman Family Foundation appears to be a private foundation primarily focused on grantmaking, as indicated by its NTEE code T20 (Private Grantmaking Foundations). Its financial health shows a consistent asset base, hovering around $2.5 million to $3.2 million over the past decade, with current assets at $2,380,405. However, recent years (2021-2023) show expenses consistently exceeding revenue, leading to a gradual decline in assets from a peak of $3,251,526 in 2014 to $2,509,603 in 2023. For instance, in 2023, revenue was $72,691 while expenses were $295,044, indicating a significant draw from its endowment.

Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not explicitly provided in the summary data. However, as a private foundation, its primary 'program' is typically grant distribution. The consistent 'Officer Comp=0%' across all filings suggests very low, if any, administrative overhead related to executive salaries, which is a positive indicator of efficiency in that specific area. The organization maintains minimal liabilities, consistently reported as $1, which points to sound financial management regarding debt.

Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting of zero officer compensation enhances trust. However, without a more granular breakdown of expenses beyond total expenses, it's challenging to fully understand the proportion of funds directly supporting charitable causes versus other operational costs. The NTEE code T20 itself implies a focus on grantmaking, which inherently aligns with charitable purposes.

Is Marvin Naiman And Margery Goldman Family Foundation Legit?

Verdict: Marvin Naiman And Margery Goldman Family Foundation appears trustworthy

Red Flags