Is Reuben And Lizzie Grossmanfoundation Inc Legit?
Quick charity verification for Reuben And Lizzie Grossmanfoundation Inc (EIN: 203918661)
Verdict: Reuben And Lizzie Grossmanfoundation Inc appears trustworthy
75/100Mission Score
$487KRevenue
$1.1MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses exceeding revenue in most reported periods (e.g., 202303: Revenue $45,293, Expenses $182,609).
Declining asset base over the long term (e.g., $1,187,341 in 201303 vs. $962,959 in 202403), indicating reliance on principal for operations.
Strengths
Zero officer compensation reported across all filings, indicating highly efficient executive management.
Consistent history of IRS 990 filings, demonstrating transparency.
Maintained a substantial asset base (over $900,000) for over a decade, allowing for continued grantmaking.
Spending Breakdown
How Reuben And Lizzie Grossmanfoundation 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 Reuben And Lizzie Grossmanfoundation Inc
Is Reuben And Lizzie Grossmanfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reuben And Lizzie Grossmanfoundation Inc (EIN: 203918661) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Reuben And Lizzie Grossmanfoundation Inc a good charity to donate to?
Reuben And Lizzie Grossmanfoundation Inc has a Mission Score of 75/100. Revenue: $487K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Reuben And Lizzie Grossmanfoundation Inc?
The Employer Identification Number (EIN) for Reuben And Lizzie Grossmanfoundation Inc is 203918661. 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 Reuben And Lizzie Grossmanfoundation Inc spend its money?
Reuben And Lizzie Grossmanfoundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Reuben And Lizzie Grossmanfoundation Inc's tax-exempt status?
You can verify Reuben And Lizzie Grossmanfoundation Inc's tax-exempt status using EIN 203918661 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 Reuben And Lizzie Grossmanfoundation Inc appears to be a private foundation, as indicated by its consistent grant-making activities and the absence of public fundraising. Its financial health shows a relatively stable asset base, hovering around $1 million over the past decade, with current assets at $1,114,338. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in most recent periods, such as in 202403 where expenses were $149,055 against revenues of $129,840, and in 202303 with expenses of $182,609 against revenues of $45,293. This consistent spending down of assets, while potentially aligned with a foundation's mission to disburse funds, warrants attention to ensure long-term sustainability if the intent is perpetual operation.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, as a private foundation, its primary 'program' activity is typically grant-making. The absence of officer compensation (0% in all reported periods) suggests a lean operational structure at the executive level, which is a positive indicator of efficiency. The organization's transparency is generally good, with consistent IRS 990 filings available, but the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated beyond total expenses.
Overall, the foundation demonstrates a commitment to its mission through consistent disbursements, but its reliance on asset drawdowns to cover expenses in many years suggests a need for careful financial planning to maintain its asset base or a clear strategy for eventual dissolution. The lack of officer compensation is a strong positive for efficiency.