Is Robert And Phyllis Topchik Family Foundation Inc Legit?
Quick charity verification for Robert And Phyllis Topchik Family Foundation Inc (EIN: 200768048)
Verdict: Robert And Phyllis Topchik Family Foundation Inc appears trustworthy
75/100Mission Score
$61KRevenue
$176KAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses significantly exceeding revenue in all reported periods (e.g., $3,881 revenue vs. $36,825 expenses in 2022).
Steady decline in total assets over time, from $541,332 in 2011 to $172,226 in 2022, indicating a draw-down on capital.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
Minimal liabilities ($0 or $1 in all periods), demonstrating sound debt management.
Consistent annual IRS 990 filings, indicating good transparency and compliance.
Spending Breakdown
How Robert And Phyllis Topchik Family Foundation 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 Robert And Phyllis Topchik Family Foundation Inc
Is Robert And Phyllis Topchik Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert And Phyllis Topchik Family Foundation Inc (EIN: 200768048) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Robert And Phyllis Topchik Family Foundation Inc a good charity to donate to?
Robert And Phyllis Topchik Family Foundation Inc has a Mission Score of 75/100. Revenue: $61K. Assets: $176K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Robert And Phyllis Topchik Family Foundation Inc?
The Employer Identification Number (EIN) for Robert And Phyllis Topchik Family Foundation Inc is 200768048. 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 Robert And Phyllis Topchik Family Foundation Inc spend its money?
Robert And Phyllis Topchik Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Robert And Phyllis Topchik Family Foundation Inc's tax-exempt status?
You can verify Robert And Phyllis Topchik Family Foundation Inc's tax-exempt status using EIN 200768048 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 Robert And Phyllis Topchik Family Foundation Inc appears to be a private foundation primarily engaged in grantmaking, as indicated by its NTEE code T22 (Private Grantmaking Foundations). Over the past several years, the foundation has consistently operated at a deficit, with expenses significantly exceeding revenue. For instance, in 2022, revenue was $3,881 while expenses were $36,825, leading to a substantial draw-down on assets. This trend is consistent across all reported periods, suggesting a deliberate strategy of distributing more than it receives in annual contributions, likely from an endowment. The foundation's assets have steadily declined from $541,332 in 2011 to $172,226 in 2022, reflecting this spending pattern.
Regarding spending efficiency, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely assess program efficiency. However, the consistent lack of officer compensation (0% in all reported periods) suggests a lean operational structure at the executive level. The foundation's liabilities have consistently been minimal ($0 or $1), indicating sound financial management in terms of debt. Transparency is generally good, with consistent annual filings available, though more detailed programmatic spending information would enhance a full assessment.
Overall, the foundation's financial health, while showing declining assets due to consistent deficit spending, appears to be managed in line with its likely purpose as a family foundation distributing funds. The lack of officer compensation is a positive indicator of efficient use of funds at the administrative level, assuming the majority of expenses are indeed grants or direct program costs.