Quick charity verification for Saltzman Foundation Inc (EIN: 136142471)
Verdict: Saltzman Foundation Inc appears trustworthy
70/100Mission Score
$52.7MRevenue
$66.7MAssets
3Red Flags
3Strengths
Red Flags
Highly volatile revenue and expense patterns, making consistent financial performance difficult to assess.
Consistent reporting of 0% officer compensation, which is unusual and warrants further investigation into executive structure.
Lack of detailed functional expense breakdowns (program, admin, fundraising) in the provided data, limiting spending efficiency analysis.
Strengths
Consistently low liabilities ($1 across all periods), indicating strong financial solvency.
Long history of IRS 990 filings (10 filings), demonstrating commitment to transparency.
Significant asset base ($66,695,815 latest reported), providing financial stability.
Spending Breakdown
How Saltzman Foundation Inc 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 Saltzman Foundation Inc
Is Saltzman Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Saltzman Foundation Inc (EIN: 136142471) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Saltzman Foundation Inc a good charity to donate to?
Saltzman Foundation Inc has a Mission Score of 70/100. Revenue: $52.7M. Assets: $66.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Saltzman Foundation Inc?
The Employer Identification Number (EIN) for Saltzman Foundation Inc is 136142471. 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 Saltzman Foundation Inc spend its money?
Saltzman Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Saltzman Foundation Inc's tax-exempt status?
You can verify Saltzman Foundation Inc's tax-exempt status using EIN 136142471 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 Saltzman Foundation Inc. exhibits a mixed financial picture based on its IRS 990 filings. While the organization consistently reports minimal liabilities ($1 across all periods), suggesting strong financial solvency, its revenue and expense patterns are highly volatile. For instance, revenue fluctuated dramatically from $229,776 in 2011 to $5,724,433 in 2015, then down to $189,740 in 2023. Similarly, expenses have varied significantly, from $134,928 in 2011 to $2,181,040 in 2013, and $625,029 in 2023. This volatility makes it challenging to assess consistent operational efficiency without more detailed program spending breakdowns.
The foundation's transparency is bolstered by its consistent filing of IRS Form 990s over a decade. A notable aspect is the reported 0% officer compensation across all available filings, which indicates either a fully volunteer-led executive team or that executive compensation is not reported in a standard manner on these forms, which would warrant further investigation. The lack of detailed functional expense breakdowns (program, administrative, fundraising) in the provided data limits a precise assessment of spending efficiency. However, the consistent reporting of minimal liabilities is a positive indicator of financial stability.
Overall, the Saltzman Foundation appears financially stable with low liabilities and a history of consistent reporting. However, the significant fluctuations in revenue and expenses, coupled with the absence of detailed functional expense breakdowns and the 0% officer compensation, suggest that a deeper dive into their operational model and specific program activities would be beneficial for a comprehensive understanding of their financial health and spending efficiency.