Is Samuel J And Ethel Lefrak Charitable Foundation Inc Legit?

Quick charity verification for Samuel J And Ethel Lefrak Charitable Foundation Inc (EIN: 112994768)

Verdict: Samuel J And Ethel Lefrak Charitable Foundation Inc appears trustworthy

85/100Mission Score
$402KRevenue
$9.6MAssets
1Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Samuel J And Ethel Lefrak Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 J And Ethel Lefrak Charitable Foundation Inc

Is Samuel J And Ethel Lefrak Charitable Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Samuel J And Ethel Lefrak Charitable Foundation Inc (EIN: 112994768) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

Is Samuel J And Ethel Lefrak Charitable Foundation Inc a good charity to donate to?

Samuel J And Ethel Lefrak Charitable Foundation Inc has a Mission Score of 85/100. Revenue: $402K. Assets: $9.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Samuel J And Ethel Lefrak Charitable Foundation Inc?

The Employer Identification Number (EIN) for Samuel J And Ethel Lefrak Charitable Foundation Inc is 112994768. 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 J And Ethel Lefrak Charitable Foundation Inc spend its money?

Samuel J And Ethel Lefrak Charitable Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Samuel J And Ethel Lefrak Charitable Foundation Inc's tax-exempt status?

You can verify Samuel J And Ethel Lefrak Charitable Foundation Inc's tax-exempt status using EIN 112994768 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 J And Ethel Lefrak Charitable Foundation Inc demonstrates a highly variable financial performance over the past decade, with significant fluctuations in both revenue and expenses. For instance, in 2023, the foundation reported a substantial revenue of $6,651,374 against expenses of $273,588, indicating a strong surplus. However, previous years show periods where expenses significantly outstripped revenue, such as in 2019 where expenses were $2,367,440 compared to revenue of $679,095. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds for its charitable purpose rather than executive salaries. With assets consistently in the millions, reaching $9,874,655 in 2023, the foundation appears to have a solid financial base. The lack of significant liabilities across most filings also points to sound financial management. The primary activity of a charitable foundation is typically grantmaking, and the low expense figures relative to assets and, in some years, revenue, suggest that a large portion of its financial activity is likely directed towards its program services, though a detailed breakdown of program vs. administrative expenses is not explicitly provided in the summary data. The consistent reporting of zero officer compensation enhances its transparency profile.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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