Is Novartis Us Foundation Legit?

Quick charity verification for Novartis Us Foundation (EIN: 136193034)

Verdict: Novartis Us Foundation appears trustworthy

70/100Mission Score
$15.5MRevenue
$16.8MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Novartis Us Foundation allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
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 Novartis Us Foundation

Is Novartis Us Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Novartis Us Foundation (EIN: 136193034) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

Is Novartis Us Foundation a good charity to donate to?

Novartis Us Foundation has a Mission Score of 70/100. Revenue: $15.5M. Assets: $16.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Novartis Us Foundation?

The Employer Identification Number (EIN) for Novartis Us Foundation is 136193034. 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 Novartis Us Foundation spend its money?

Novartis Us Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Novartis Us Foundation's tax-exempt status?

You can verify Novartis Us Foundation's tax-exempt status using EIN 136193034 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 Novartis US Foundation demonstrates a fluctuating financial profile over the past decade. While recent years (2022-2023) show positive net income, with revenue exceeding expenses by $4,940,901 in 2022 and $591,960 in 2023, earlier periods like 2020 and 2021 experienced significant deficits, with expenses exceeding revenue by $8,701,921 and $5,142,390 respectively. This volatility suggests an inconsistent funding or spending strategy. The foundation's assets have generally remained robust, hovering around $11 million to $16 million, indicating a stable asset base despite operational fluctuations. Liabilities have also shown significant variation, peaking at $8,809,585 in 2021, which warrants closer examination. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the absence of reported officer compensation across all filings is a positive indicator for transparency and efficient use of funds, suggesting that executive leadership may be compensated by the parent organization or through other means, or that the foundation operates with a volunteer leadership structure. The foundation's ability to maintain substantial assets while navigating periods of significant expense overruns suggests a reliance on prior reserves or substantial, albeit irregular, funding injections. Overall, the foundation appears to be transparent regarding executive compensation, as none is reported. However, the lack of detailed expense categorization limits a comprehensive assessment of spending efficiency. The significant swings between revenue and expenses, particularly the large deficits in 2020 and 2021, suggest a need for more consistent financial planning or clearer communication regarding the nature of these large expenditures relative to incoming funds. The latest revenue of $15,503,943 and assets of $16,755,990 indicate a substantial organization, but the historical financial volatility is a key characteristic.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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