AI Transparency Report
The Robert A Semonian Charitable Tr appears to be a private foundation, as indicated by its NTEE code T20 and consistent grant-making activities. Its financial health is robust, with assets consistently around $4.7 million in recent years, significantly outweighing its annual expenses. For instance, in 2023, assets were $4,742,939 against expenses of $326,458. The organization demonstrates strong spending efficiency, as it consistently reports 0% officer compensation, indicating that administrative costs are likely minimal and directly related to operational overhead rather than executive salaries. This structure suggests a high proportion of funds are available for its charitable purpose.
The organization's transparency is good, with a consistent filing history of 10 IRS Form 990s. The absence of officer compensation is a key indicator of efficient resource allocation. While specific program spending details are not provided in the summary data, the overall financial picture suggests a well-managed entity focused on its mission, with a substantial endowment supporting its activities. The significant revenue spike in 2019 ($2,555,250) and 2015 ($1,223,625) suggests potential large contributions or investment gains that further bolstered its asset base.