Quick charity verification for Royce Family Fund Inc (EIN: 133318620)
Verdict: Royce Family Fund Inc appears trustworthy
92/100Mission Score
$4.7MRevenue
$97.4MAssets
1Red Flags
5Strengths
Red Flags
NTEE Code is unknown, which limits understanding of specific programmatic focus.
Strengths
Zero reported officer compensation across all filings, indicating high efficiency.
Strong asset base ($97,356,400) provides financial stability.
Consistently low liabilities ($41,872 in recent years) relative to assets.
Consistent filing of IRS Form 990s demonstrates transparency.
Significant program spending relative to total expenses.
Spending Breakdown
How Royce Family Fund 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 Royce Family Fund Inc
Is Royce Family Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Royce Family Fund Inc (EIN: 133318620) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Royce Family Fund Inc a good charity to donate to?
Royce Family Fund Inc has a Mission Score of 92/100. Revenue: $4.7M. Assets: $97.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Royce Family Fund Inc?
The Employer Identification Number (EIN) for Royce Family Fund Inc is 133318620. 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 Royce Family Fund Inc spend its money?
Royce Family Fund Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Royce Family Fund Inc's tax-exempt status?
You can verify Royce Family Fund Inc's tax-exempt status using EIN 133318620 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 Royce Family Fund Inc. demonstrates a consistent commitment to its programmatic activities, as evidenced by its spending patterns. For instance, in 2023, with total expenses of $6,293,196, the organization allocated a significant portion to its programs. The fund's financial health appears stable, with substantial assets of $97,356,400, far exceeding its liabilities, which have consistently been low (e.g., $41,872 in 2023). This strong asset base provides a solid foundation for its philanthropic endeavors. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, and the absence of officer compensation reported across all available filings suggests a volunteer-driven or very lean administrative structure, which can be a positive indicator of efficiency.