Is Rubin Family Foundation Inc Legit? —…

Strengths

Consistent reporting of 0% officer compensation, indicating strong financial stewardship and dedication to mission.
Maintains a robust asset base (e.g., $24,382,911 in 2022) significantly exceeding liabilities, suggesting long-term financial stability.
Regular and extensive IRS 990 filing history (9 filings), demonstrating a commitment to transparency.
Healthy financial position with assets of $19,926,268 and latest revenue of $9,377,280.

Spending Breakdown

How Rubin Family Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Rubin Family Foundation Inc

Is Rubin Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Rubin Family Foundation Inc (EIN: 113047773) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Rubin Family Foundation Inc a good charity to donate to?

Rubin Family Foundation Inc has a Mission Score of 85/100. Revenue: $9.4M. Assets: $19.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Rubin Family Foundation Inc?

The Employer Identification Number (EIN) for Rubin Family Foundation Inc is 113047773. 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 Rubin Family Foundation Inc spend its money?

Rubin Family Foundation Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Rubin Family Foundation Inc's tax-exempt status?

You can verify Rubin Family Foundation Inc's tax-exempt status using EIN 113047773 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 Rubin Family Foundation Inc. demonstrates a consistent commitment to its programmatic activities, as evidenced by its spending patterns. For instance, in 2022, with total expenses of $1,896,630, the foundation allocated a significant portion to its mission. The organization's financial health appears stable, with assets of $24,382,911 in 2022, comfortably exceeding its liabilities of $4,049,628. While revenue has fluctuated significantly over the years, including negative revenue periods like -$13,585,590 in 2020, the foundation has maintained substantial asset levels, suggesting a reliance on endowment or investment income rather than solely annual contributions.

The foundation's transparency is bolstered by its consistent filing of IRS Form 990s, with 9 filings available. A notable aspect of its financial management is the reported 0% officer compensation across all available filings, indicating that executive leadership is not drawing salaries from the organization, which can be a positive sign for donor confidence. However, the NTEE code Z99Z (Unknown) could suggest a lack of specificity in its stated mission category, which might slightly impact clarity for some stakeholders. Overall, the foundation appears to be a well-managed entity with a strong focus on its mission, supported by a healthy asset base and transparent financial reporting.

Is Rubin Family Foundation Inc Legit?

Verdict: Rubin Family Foundation Inc appears trustworthy

Red Flags