Quick charity verification for Savitt Family Foundation (EIN: 201603919)
Verdict: Savitt Family Foundation appears trustworthy
75/100Mission Score
$68KRevenue
$92KAssets
2Red Flags
3Strengths
Red Flags
Consistent decline in asset base over the past decade, from $364,441 in 2011 to $130,685 in 2023.
Expenses frequently exceed revenue, such as in 2023 where revenue was $342 and expenses were $28,990, indicating a reliance on existing assets.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for administrative salaries.
Low liabilities, often reported as $1, suggesting a stable and uncomplicated financial structure.
Consistent IRS 990 filing history demonstrates transparency and compliance.
Spending Breakdown
How Savitt Family Foundation 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 Savitt Family Foundation
Is Savitt Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Savitt Family Foundation (EIN: 201603919) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Savitt Family Foundation a good charity to donate to?
Savitt Family Foundation has a Mission Score of 75/100. Revenue: $68K. Assets: $92K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Savitt Family Foundation?
The Employer Identification Number (EIN) for Savitt Family Foundation is 201603919. 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 Savitt Family Foundation spend its money?
Savitt Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Savitt Family Foundation's tax-exempt status?
You can verify Savitt Family Foundation's tax-exempt status using EIN 201603919 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 Savitt Family Foundation appears to be a private foundation, as indicated by its consistent revenue and expense patterns, and the NTEE code T22 (Private Grantmaking Foundations). Over the past decade, the foundation has experienced a significant decline in its asset base, from $364,441 in 2011 to $130,685 in 2023. This trend suggests that the foundation is primarily distributing its assets rather than growing its endowment. Its latest reported revenue of $68,264 is relatively low compared to its historical asset base, and its expenses have often exceeded its revenue in recent years, such as in 2023 where revenue was $342 against expenses of $28,990. This operational model is typical for a private foundation focused on grantmaking from its principal.
Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond what is typically available in summary 990 data for private foundations. However, the consistent zero officer compensation across all reported periods indicates that administrative costs related to executive salaries are minimal or non-existent, which is a positive sign for efficiency. The primary 'spending' for such foundations is typically grants to other organizations. Transparency appears to be met through its consistent filing of IRS Form 990, which is standard for tax-exempt organizations. The lack of liabilities, often reported as $1, also suggests a straightforward financial structure.