Is Noel And Harriette Levine Foundation Inc Legit?
Quick charity verification for Noel And Harriette Levine Foundation Inc (EIN: 134074336)
Verdict: Noel And Harriette Levine Foundation Inc appears trustworthy
75/100Mission Score
$10.6MRevenue
$16.8MAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses significantly exceed revenue in recent years, e.g., $2.49M expenses vs. $0.48M revenue in 2023).
Lack of detailed expense breakdown to fully assess program vs. administrative spending efficiency.
Strengths
Zero reported officer compensation, indicating efficient use of funds regarding executive pay.
Substantial asset base ($16,796,418 latest) provides financial stability for its grant-making activities.
Long history of IRS 990 filings, indicating consistent compliance and transparency in reporting.
Spending Breakdown
How Noel And Harriette Levine 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 Noel And Harriette Levine Foundation Inc
Is Noel And Harriette Levine Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Noel And Harriette Levine Foundation Inc (EIN: 134074336) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Noel And Harriette Levine Foundation Inc a good charity to donate to?
Noel And Harriette Levine Foundation Inc has a Mission Score of 75/100. Revenue: $10.6M. Assets: $16.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Noel And Harriette Levine Foundation Inc?
The Employer Identification Number (EIN) for Noel And Harriette Levine Foundation Inc is 134074336. 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 Noel And Harriette Levine Foundation Inc spend its money?
Noel And Harriette Levine Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Noel And Harriette Levine Foundation Inc's tax-exempt status?
You can verify Noel And Harriette Levine Foundation Inc's tax-exempt status using EIN 134074336 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 Noel And Harriette Levine Foundation Inc. exhibits a fluctuating financial profile, with recent years showing expenses significantly exceeding revenue. For instance, in 2023, expenses were $2,493,589 against revenue of $481,166, and similar trends are observed in 2022 and 2021. This consistent deficit spending, while potentially supported by a substantial asset base (latest reported at $16,796,418), raises questions about long-term sustainability if not primarily a grant-making foundation distributing from an endowment. The organization consistently reports $0 in officer compensation, which is a positive indicator for minimizing administrative overhead related to executive pay. However, without a detailed breakdown of expenses beyond the top-line figures, it's challenging to fully assess spending efficiency and program focus. The foundation's transparency regarding executive compensation is excellent, but more granular expense data would enhance a complete financial health assessment.