Is Salvatore And Anna Beltrone Family Foundation Legit?
Quick charity verification for Salvatore And Anna Beltrone Family Foundation (EIN: 141790563)
Verdict: Salvatore And Anna Beltrone Family Foundation appears trustworthy
70/100Mission Score
$389KRevenue
$1.2MAssets
3Red Flags
3Strengths
Red Flags
Consistent negative net income, with expenses often significantly exceeding revenue (e.g., 202406: $42,059 revenue vs. $114,526 expenses).
Significant decline in total assets over time, from $2,545,819 in 201206 to $1,205,350 currently, indicating a draw-down on principal.
Unusual consistent reporting of $1 in liabilities across multiple recent filing periods.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for mission-related activities.
Maintains a substantial asset base ($1,205,350) providing long-term financial stability despite operational deficits.
Consistent filing history (10 filings) demonstrates good transparency and compliance with IRS reporting requirements.
Spending Breakdown
How Salvatore And Anna Beltrone 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 Salvatore And Anna Beltrone Family Foundation
Is Salvatore And Anna Beltrone Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Salvatore And Anna Beltrone Family Foundation (EIN: 141790563) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Salvatore And Anna Beltrone Family Foundation a good charity to donate to?
Salvatore And Anna Beltrone Family Foundation has a Mission Score of 70/100. Revenue: $389K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Salvatore And Anna Beltrone Family Foundation?
The Employer Identification Number (EIN) for Salvatore And Anna Beltrone Family Foundation is 141790563. 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 Salvatore And Anna Beltrone Family Foundation spend its money?
Salvatore And Anna Beltrone Family Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Salvatore And Anna Beltrone Family Foundation's tax-exempt status?
You can verify Salvatore And Anna Beltrone Family Foundation's tax-exempt status using EIN 141790563 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 Salvatore And Anna Beltrone Family Foundation appears to be a private foundation, as indicated by its consistent asset base and fluctuating revenue and expenses. Over the past few years, the foundation has consistently spent more than it has brought in, as seen in the 202406 period where expenses were $114,526 against revenue of $42,059, and in 202306 with expenses of $101,330 against $95,179 in revenue. This trend suggests it is drawing down on its endowment to fund its activities. The foundation maintains a healthy asset base, with $1,205,350 in assets as of its latest filing, which provides a buffer for its operations despite the negative net income in recent years.
Transparency is generally good, with 10 filings available, and the consistent reporting of zero officer compensation indicates that executive pay is not a concern for this organization. However, without a detailed breakdown of program service accomplishments or specific spending categories (programs, administration, fundraising) in the provided data, a precise assessment of spending efficiency is challenging. The consistent liabilities of $1 across multiple recent periods are unusual and might warrant further investigation into accounting practices, though it could also be a minor technicality.