Zero officer compensation demonstrates efficient use of funds and dedication to mission.
Consistent IRS 990 filing history indicates good transparency and compliance.
Minimal to no liabilities ($1 or $0 reported) reflects sound financial management.
Spending Breakdown
How Orefice Family Foundation 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 Orefice Family Foundation
Is Orefice Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Orefice Family Foundation (EIN: 207531769) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Orefice Family Foundation a good charity to donate to?
Orefice Family Foundation has a Mission Score of 85/100. Revenue: $581K. Assets: $3.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Orefice Family Foundation?
The Employer Identification Number (EIN) for Orefice Family Foundation is 207531769. 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 Orefice Family Foundation spend its money?
Orefice Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Orefice Family Foundation's tax-exempt status?
You can verify Orefice Family Foundation's tax-exempt status using EIN 207531769 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 Orefice Family Foundation demonstrates consistent financial stability with substantial assets relative to its annual expenses. For instance, in 2023, with expenses of $245,510, its assets stood at $3,568,361, indicating a strong reserve. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds and a focus on mission-related spending rather than administrative overhead. However, the foundation has frequently operated at a deficit, with expenses exceeding revenue in most recent years, such as in 2023 where revenue was $118,722 against $245,510 in expenses. While this is common for foundations drawing from endowments, sustained deficits could impact long-term asset growth if not managed strategically.
The foundation's transparency is bolstered by its consistent filing of IRS Form 990s over a decade, providing a clear historical financial record. The absence of liabilities (consistently reported as $1 or $0) further suggests sound financial management and minimal debt burden. The NTEE code T22 indicates it is a private grantmaking foundation, meaning its primary activity is distributing grants to other organizations, which inherently implies a focus on program support through its grantees. The lack of detailed expense breakdowns in the provided data makes it difficult to precisely assess spending efficiency beyond the zero officer compensation, but the overall financial health appears robust for a grantmaking entity.