Quick charity verification for Samuel H Kress Foundation (EIN: 131624176)
Verdict: Samuel H Kress Foundation appears trustworthy
92/100Mission Score
$30.4MRevenue
$88.2MAssets
2Red Flags
4Strengths
Red Flags
Consistent spending exceeding annual revenue, though typical for foundations, requires careful monitoring of endowment drawdowns.
Lack of reported officer compensation is unusual for an organization of this size and could indicate alternative compensation structures not immediately apparent.
Strengths
Strong and stable asset base, consistently around $80-90 million, ensuring long-term viability.
Zero reported officer compensation across all filings, indicating high efficiency in directing funds to mission.
Consistent grantmaking activity, demonstrating a clear commitment to its programmatic mission.
Significant financial capacity to support its mission, as evidenced by its substantial assets.
Spending Breakdown
How Samuel H Kress Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Samuel H Kress Foundation
Is Samuel H Kress Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Samuel H Kress Foundation (EIN: 131624176) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is Samuel H Kress Foundation a good charity to donate to?
Samuel H Kress Foundation has a Mission Score of 92/100. Revenue: $30.4M. Assets: $88.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Samuel H Kress Foundation?
The Employer Identification Number (EIN) for Samuel H Kress Foundation is 131624176. 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 Samuel H Kress Foundation spend its money?
Samuel H Kress Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Samuel H Kress Foundation's tax-exempt status?
You can verify Samuel H Kress Foundation's tax-exempt status using EIN 131624176 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 Samuel H Kress Foundation demonstrates a consistent commitment to its mission, primarily through grantmaking, as evidenced by its program service expenses. While the foundation's revenue has fluctuated significantly over the years, from a high of $8,313,914 in 2015 to a low of $1,498,756 in 2020, its asset base has remained robust, generally hovering around $80-90 million, indicating long-term financial stability. The foundation consistently spends more than it brings in through revenue in many years, such as 2023 ($2.2M revenue vs. $4.7M expenses) and 2019 ($3.2M revenue vs. $9.9M expenses), which is typical for foundations that distribute grants from their endowment. The absence of reported officer compensation across all available filings suggests a high degree of financial efficiency and a focus on directing resources towards programmatic activities rather than executive salaries. This practice enhances the foundation's transparency and trustworthiness.