Is Michael David Falk Foundation Inc Legit?…

Quick charity verification for Michael David Falk Foundation Inc (EIN: 136265854)

Red Flags

Frequent periods where expenses significantly exceed revenue, indicating potential financial instability (e.g., 202012 expenses $1,506,025 vs. revenue $730,680).
Fluctuating and generally decreasing asset base over the long term (from $781,858 in 201212 to $278,981 in 202312).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes full spending efficiency assessment difficult.
Unknown NTEE code limits understanding of its specific mission and programmatic focus.

Spending Breakdown

How Michael David Falk Foundation Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Michael David Falk Foundation Inc

Is Michael David Falk Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Michael David Falk Foundation Inc (EIN: 136265854) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.

Is Michael David Falk Foundation Inc a good charity to donate to?

Michael David Falk Foundation Inc has a Mission Score of 65/100. Revenue: $1.7M. Assets: $274K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Michael David Falk Foundation Inc?

The Employer Identification Number (EIN) for Michael David Falk Foundation Inc is 136265854. 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 Michael David Falk Foundation Inc spend its money?

Michael David Falk Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Michael David Falk Foundation Inc's tax-exempt status?

You can verify Michael David Falk Foundation Inc's tax-exempt status using EIN 136265854 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 Michael David Falk Foundation Inc. exhibits inconsistent financial performance over its filing history. While the latest reported revenue is $1,682,912, the most recent individual filing (202312) shows revenue of $510,473 and expenses of $511,462, indicating a near break-even year. However, several prior years, such as 202012 (Revenue $730,680, Expenses $1,506,025) and 201312 (Revenue $191,587, Expenses $1,038,750), show significant deficits where expenses far exceeded revenue. This pattern suggests reliance on accumulated assets or other funding sources to cover operational costs in many periods.

The organization's assets have fluctuated, from a high of $781,858 in 201212 to $278,981 in 202312, and liabilities have also varied significantly, reaching $367,518 in 202212. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to minimizing administrative overhead in this area, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency beyond executive compensation.

Given the lack of NTEE code and detailed expense breakdowns, a comprehensive assessment of program focus and spending efficiency is limited. The organization's transparency regarding executive compensation is commendable, but more granular financial data would enhance understanding of its operational effectiveness and how funds are allocated to its mission. The fluctuating financial health, with periods of significant deficits, warrants closer examination of its long-term sustainability strategy.

Is Michael David Falk Foundation Inc Legit?

Verdict: Michael David Falk Foundation Inc shows mixed signals