Is Morris S & Florence H Bender Foundation Inc Legit?
Quick charity verification for Morris S & Florence H Bender Foundation Inc (EIN: 132951469)
Verdict: Morris S & Florence H Bender Foundation Inc appears trustworthy
85/100Mission Score
$630KRevenue
$3.0MAssets
1Red Flags
4Strengths
Red Flags
Expenses frequently exceed annual revenue, though this is common for endowed foundations.
Strengths
Stable asset base consistently around $3 million.
0% reported officer compensation across all filings.
Minimal liabilities ($0 or $1) indicating strong financial health.
Consistent IRS 990 filing history demonstrates transparency.
Spending Breakdown
How Morris S & Florence H Bender 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 Morris S & Florence H Bender Foundation Inc
Is Morris S & Florence H Bender Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morris S & Florence H Bender Foundation Inc (EIN: 132951469) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Morris S & Florence H Bender Foundation Inc a good charity to donate to?
Morris S & Florence H Bender Foundation Inc has a Mission Score of 85/100. Revenue: $630K. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Morris S & Florence H Bender Foundation Inc?
The Employer Identification Number (EIN) for Morris S & Florence H Bender Foundation Inc is 132951469. 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 Morris S & Florence H Bender Foundation Inc spend its money?
Morris S & Florence H Bender Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Morris S & Florence H Bender Foundation Inc's tax-exempt status?
You can verify Morris S & Florence H Bender Foundation Inc's tax-exempt status using EIN 132951469 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 Morris S & Florence H Bender Foundation Inc appears to be a private foundation primarily focused on grantmaking, as indicated by its consistent asset base and fluctuating revenue and expenses. Its financial health is stable, with assets consistently around $3 million over the past decade, suggesting a well-endowed foundation. However, the organization frequently reports expenses exceeding revenue, such as in 202306 where expenses were $213,482 against revenue of $40,932, and in 202006 with $222,085 in expenses versus $52,453 in revenue. This pattern is typical for foundations that distribute grants from their endowment rather than relying solely on annual contributions.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a positive indicator of efficient use of funds, as it suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation. The organization's liabilities have been consistently minimal ($0 or $1), indicating strong financial management and a low debt burden.
Transparency is generally good, with a consistent filing history. The lack of officer compensation is a strong point for transparency regarding executive pay. To further enhance transparency, a more detailed breakdown of how expenses are allocated between program services, administration, and fundraising would be beneficial for external analysis. Given its nature as a private foundation, its primary 'program' is likely grant distribution, which is a direct charitable activity.