Is Robert I Glimcher Family Foundation Legit?

Quick charity verification for Robert I Glimcher Family Foundation (EIN: 207366908)

Verdict: Robert I Glimcher Family Foundation shows mixed signals

65/100Mission Score
$600KRevenue
$436KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Robert I Glimcher Family Foundation allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 I Glimcher Family Foundation

Is Robert I Glimcher Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Robert I Glimcher Family Foundation (EIN: 207366908) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Robert I Glimcher Family Foundation a good charity to donate to?

Robert I Glimcher Family Foundation has a Mission Score of 65/100. Revenue: $600K. Assets: $436K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Robert I Glimcher Family Foundation?

The Employer Identification Number (EIN) for Robert I Glimcher Family Foundation is 207366908. 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 I Glimcher Family Foundation spend its money?

Robert I Glimcher Family Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Robert I Glimcher Family Foundation's tax-exempt status?

You can verify Robert I Glimcher Family Foundation's tax-exempt status using EIN 207366908 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 I Glimcher Family Foundation exhibits inconsistent financial performance over the past decade, with significant fluctuations in revenue, including negative revenue in some years (e.g., -$290,572 in 2021 and -$81,559 in 2020). This suggests reliance on investment performance or asset liquidation rather than consistent fundraising. The foundation's assets have also seen a substantial decline from a peak of $1,326,566 in 2015 to $471,292 in 2023, indicating a draw-down of capital. Despite these fluctuations, the organization consistently reports $0 in officer compensation, which is a positive indicator for donor confidence regarding executive pay. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, in the latest period (202312), expenses ($202,197) significantly exceeded revenue ($55,022), leading to a further reduction in assets. This trend of expenses often outpacing revenue is visible in multiple years (e.g., 2023, 2021, 2020, 2019, 2013, 2011), suggesting the foundation is spending down its endowment rather than operating on a sustainable revenue model. The consistent reporting of minimal liabilities ($1) across all periods indicates sound financial management in terms of debt. Transparency appears to be good given the consistent filing of IRS Form 990s over a decade and the clear reporting of zero officer compensation. However, the lack of detailed expense categorization in the provided summary makes a complete assessment of spending efficiency challenging. Donors would benefit from a clearer understanding of how the $202,197 in expenses in 2023 was allocated across programs, administration, and fundraising to fully evaluate its impact.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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