Quick charity verification for Sam Halpern Family Foundation Inc (EIN: 222707942)
Verdict: Sam Halpern Family Foundation Inc appears trustworthy
75/100Mission Score
$619KRevenue
$13.5MAssets
3Red Flags
3Strengths
Red Flags
Significant fluctuations in revenue, from $2,397,650 in 2014 to $343,464 in 2021, indicate an unstable funding model.
High administrative expenses relative to total expenses in some years (e.g., 2021: $659,188 in expenses with only $343,464 in revenue, suggesting a large portion of expenses are not directly programmatic).
The 'c' field consistently shows 0%, which could indicate no lobbying expenses, but without further context, it's an assumption.
Strengths
Substantial asset base of $13,453,456 in 2023 provides financial stability.
Consistent asset growth over several years, from $11,682,539 in 2013 to $13,453,456 in 2023, demonstrates sound financial management of its endowment.
Minimal reported compensation for leadership suggests a commitment to directing funds towards the mission rather than overhead.
Spending Breakdown
How Sam Halpern Family Foundation Inc allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
20%
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 Sam Halpern Family Foundation Inc
Is Sam Halpern Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sam Halpern Family Foundation Inc (EIN: 222707942) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Sam Halpern Family Foundation Inc a good charity to donate to?
Sam Halpern Family Foundation Inc has a Mission Score of 75/100. Revenue: $619K. Assets: $13.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sam Halpern Family Foundation Inc?
The Employer Identification Number (EIN) for Sam Halpern Family Foundation Inc is 222707942. 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 Sam Halpern Family Foundation Inc spend its money?
Sam Halpern Family Foundation Inc allocates 50% to programs, 30% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sam Halpern Family Foundation Inc's tax-exempt status?
You can verify Sam Halpern Family Foundation Inc's tax-exempt status using EIN 222707942 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
Sam Halpern Family Foundation Inc is a unknown nonprofit based in Florham Park, New Jersey, with reported revenue of $619K and assets of $13.5M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 50% of spending goes to programs, 30% to administration, and 20% to fundraising. Executive compensation is not explicitly detailed in the provided data, but the 'l' field (likely 'compensation of officers, directors, trustees, key employees, and highest compensated employees') shows minimal to no reported compensation, such as $922 in 2023 and $35,213 in 2022, suggesting a large Revenue has grown +126% across 9 filing periods.