Is Raymond & Gertrude R Saltzman Foundation Legit?
Quick charity verification for Raymond & Gertrude R Saltzman Foundation (EIN: 222199368)
Verdict: Raymond & Gertrude R Saltzman Foundation appears trustworthy
75/100Mission Score
$9.8MRevenue
$113.7MAssets
2Red Flags
3Strengths
Red Flags
Programmatic spending (x) in 2023 was $4,629,318, which is significantly lower than the reported revenue (r) of $27,829,860 for the same year, suggesting a substantial portion of revenue is not immediately directed to programs.
The 'c' field consistently shows '0%', which could indicate a lack of specific information on fundraising costs or that these are embedded within administrative expenses without clear delineation.
Strengths
The foundation maintains a very strong asset base, growing from $80,213,396 in 2018 to $106,235,039 in 2023, indicating robust financial health and sustainability.
Consistent revenue generation over the years, with significant increases in some periods, demonstrates effective financial management.
The foundation's long-standing presence and consistent operations suggest a stable and established organization.
Spending Breakdown
How Raymond & Gertrude R Saltzman Foundation allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
20%
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 Raymond & Gertrude R Saltzman Foundation
Is Raymond & Gertrude R Saltzman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Raymond & Gertrude R Saltzman Foundation (EIN: 222199368) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Raymond & Gertrude R Saltzman Foundation a good charity to donate to?
Raymond & Gertrude R Saltzman Foundation has a Mission Score of 75/100. Revenue: $9.8M. Assets: $113.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Raymond & Gertrude R Saltzman Foundation?
The Employer Identification Number (EIN) for Raymond & Gertrude R Saltzman Foundation is 222199368. 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 Raymond & Gertrude R Saltzman Foundation spend its money?
Raymond & Gertrude R Saltzman Foundation allocates 60% to programs, 20% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Raymond & Gertrude R Saltzman Foundation's tax-exempt status?
You can verify Raymond & Gertrude R Saltzman Foundation's tax-exempt status using EIN 222199368 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
Raymond & Gertrude R Saltzman Foundation is a philanthropy, voluntarism & grantmaking nonprofit based in Cherry Hill, New Jersey, with reported revenue of $9.8M and assets of $113.7M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 60% of spending goes to programs, 20% to administration, and 20% to fundraising. Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on salaries and benefits for key personnel. Revenue has grown +54% across 14 filing periods.