Is Raymond F Schinazi And Family Foundation Inc Legit?

Quick charity verification for Raymond F Schinazi And Family Foundation Inc (EIN: 203693012)

Verdict: Raymond F Schinazi And Family Foundation Inc appears trustworthy

85/100Mission Score
$5.1MRevenue
$21.2MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Raymond F Schinazi And Family Foundation Inc demonstrates a generally healthy financial position with substantial assets, reaching $21,224,870 in the 202003 period. The organization's revenue has fluctuated significantly over the years, from a low of $15,942 in 201103 to a high of $7,175,764 in 201203, and most recently $5,102,785. While expenses have also varied, the foundation consistently maintains a strong asset base relative to its liabilities, which have been negligible or $1 across all reported periods. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, contributing to efficient use of funds, though specific program spending details are not provided in the summary data. The foundation's financial stability and minimal liabilities are positive indicators of its capacity to sustain its mission.

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Disclaimer

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

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