Quick charity verification for Newcomer Family Foundation Inc (EIN: 134199724)
Verdict: Newcomer Family Foundation Inc appears trustworthy
75/100Mission Score
$126KRevenue
$1.1MAssets
2Red Flags
4Strengths
Red Flags
Expenses consistently exceeding revenue in recent periods (e.g., 202312, 202212), potentially drawing down assets if not offset by investment gains or future large contributions.
Lack of detailed expense breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
Substantial asset base ($1,115,725) provides financial stability.
Zero officer compensation reported across all filings, indicating low administrative overhead.
Very low liabilities ($1 in recent years) suggests strong financial management and minimal debt.
Long operating history with 10 filings, indicating established presence.
Spending Breakdown
How Newcomer Family Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Newcomer Family Foundation Inc
Is Newcomer Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Newcomer Family Foundation Inc (EIN: 134199724) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Newcomer Family Foundation Inc a good charity to donate to?
Newcomer Family Foundation Inc has a Mission Score of 75/100. Revenue: $126K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Newcomer Family Foundation Inc?
The Employer Identification Number (EIN) for Newcomer Family Foundation Inc is 134199724. 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 Newcomer Family Foundation Inc spend its money?
Newcomer Family Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Newcomer Family Foundation Inc's tax-exempt status?
You can verify Newcomer Family Foundation Inc's tax-exempt status using EIN 134199724 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 Newcomer Family Foundation Inc. demonstrates a consistent financial structure with substantial assets relative to its annual revenue and expenses. With assets exceeding $1.1 million in the latest period (202312) against revenues of $66,156 and expenses of $94,891, the organization appears to be primarily grant-making or endowment-based, rather than relying heavily on public donations for operational funding. The consistent reporting of zero officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence regarding overhead.
However, the organization has experienced fluctuating financial performance, with expenses exceeding revenue in several recent periods, including 202312 ($94,891 expenses vs. $66,156 revenue) and 202212 ($130,436 expenses vs. $44,974 revenue). While this can be sustainable for foundations drawing from endowments, it's important to understand the long-term strategy for asset preservation and growth. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency between programs, administration, and fundraising, which is a key aspect of transparency for a financial analyst. The consistent low liabilities ($1 in recent years) suggests good financial management regarding debt.
Overall, the foundation appears financially stable due to its asset base and low liabilities, but its operational sustainability relies on its investment performance or future contributions to cover recurring deficits. The transparency regarding executive compensation is excellent, but a more granular view of expense allocation would enhance the assessment of its spending efficiency and program impact.