Quick charity verification for Sax Charitable Foundation Inc (EIN: 204191019)
Verdict: Sax Charitable Foundation Inc appears trustworthy
85/100Mission Score
$215KRevenue
$32KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency and dedication.
Minimal liabilities across all filing periods, showing strong financial health.
Revenue growth in recent years, from $82,860 in 2021 to $150,578 in 2023.
Expenses generally kept below revenue, as seen in 2023 ($135,040 expenses vs. $150,578 revenue).
Spending Breakdown
How Sax 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 Sax Charitable Foundation Inc
Is Sax Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sax Charitable Foundation Inc (EIN: 204191019) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Sax Charitable Foundation Inc a good charity to donate to?
Sax Charitable Foundation Inc has a Mission Score of 85/100. Revenue: $215K. Assets: $32K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sax Charitable Foundation Inc?
The Employer Identification Number (EIN) for Sax Charitable Foundation Inc is 204191019. 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 Sax Charitable Foundation Inc spend its money?
Sax 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 Sax Charitable Foundation Inc's tax-exempt status?
You can verify Sax Charitable Foundation Inc's tax-exempt status using EIN 204191019 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 Sax Charitable Foundation Inc. demonstrates consistent financial activity, with revenues fluctuating but generally increasing over the past few years, reaching $150,578 in 2023. The organization maintains a very lean operational structure, as evidenced by its consistent reporting of 0% officer compensation across all available filings. This suggests a strong volunteer-driven model or very low administrative overhead. While the provided data does not detail specific program spending versus administrative or fundraising costs, the absence of officer compensation is a positive indicator of efficiency. The foundation's assets have varied, showing a recent increase to $19,152 in 2023 after a dip in 2022, indicating some financial stability, though overall assets remain modest relative to its revenue. The consistent reporting of minimal liabilities ($1 or $0) across all periods further underscores a healthy balance sheet and responsible financial management.