Is Robert A Toigo Foundation Legit?

Quick charity verification for Robert A Toigo Foundation (EIN: 133565420)

Verdict: Robert A Toigo Foundation appears trustworthy

85/100Mission Score
$5.3MRevenue
$4.8MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Robert A Toigo Foundation demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $3-4 million annually. While the organization experienced a significant deficit in 2023, with expenses exceeding revenue by over $1.5 million ($4,756,575 expenses vs. $3,194,233 revenue), this appears to be an anomaly compared to prior years where expenses were typically managed within or close to revenue. The foundation consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. Their asset base has grown significantly over the years, from $2.09 million in 2017 to $5.55 million in 2023, suggesting sound financial management and accumulation of resources. The NTEE code B82Z (Scholarships, Student Financial Aid) aligns with a mission that typically involves direct program spending, and the lack of reported officer compensation further supports a focus on program delivery.

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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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