Quick charity verification for Schlosstein Hartley Fam Foundation Tr (EIN: 137268307)
Verdict: Schlosstein Hartley Fam Foundation Tr appears trustworthy
85/100Mission Score
$3.2MRevenue
$3.4MAssets
2Red Flags
3Strengths
Red Flags
Significant long-term decline in assets from $8.9M in 2011 to $3.6M in 2023.
Highly volatile revenue, including a negative revenue period in 201209 and substantial year-over-year swings.
Strengths
Consistent 0% officer compensation, indicating efficient use of funds for leadership.
Very low liabilities, consistently reported as $0 or $1, reflecting strong financial stability in this area.
Recent filings (202309) show a surplus of revenue over expenses ($3.1M revenue vs. $1.9M expenses).
Spending Breakdown
How Schlosstein Hartley Fam Foundation Tr 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 Schlosstein Hartley Fam Foundation Tr
Is Schlosstein Hartley Fam Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Schlosstein Hartley Fam Foundation Tr (EIN: 137268307) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Schlosstein Hartley Fam Foundation Tr a good charity to donate to?
Schlosstein Hartley Fam Foundation Tr has a Mission Score of 85/100. Revenue: $3.2M. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Schlosstein Hartley Fam Foundation Tr?
The Employer Identification Number (EIN) for Schlosstein Hartley Fam Foundation Tr is 137268307. 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 Schlosstein Hartley Fam Foundation Tr spend its money?
Schlosstein Hartley Fam Foundation Tr allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Schlosstein Hartley Fam Foundation Tr's tax-exempt status?
You can verify Schlosstein Hartley Fam Foundation Tr's tax-exempt status using EIN 137268307 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 Schlosstein Hartley Fam Foundation Tr demonstrates a fluctuating financial profile over the past decade. While the latest reported revenue for 202309 was $3,115,990, and expenses were $1,925,000, indicating a surplus, the organization has experienced periods of significant deficits, such as in 202009 where revenue was $139,079 against expenses of $1,279,986. Assets have also seen a considerable decline from a high of $8,904,367 in 201109 to $3,619,174 in 202309. The consistent reporting of 0% officer compensation across all filings suggests good transparency regarding executive pay, and minimal liabilities ($1 in recent years) indicate a healthy balance sheet in that regard.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent absence of officer compensation is a positive indicator for resource allocation. The foundation's primary activity appears to be grant-making, given its NTEE code T20 (Private Grantmaking Foundations), which typically involves lower administrative overhead compared to direct service charities. The significant fluctuations in revenue and expenses suggest a reliance on investment returns or large, infrequent contributions.
Overall, the foundation appears transparent in its executive compensation and has maintained a low liability profile. Its financial health, while showing recent surpluses, has been volatile, with a notable decrease in asset base over the long term. Further analysis of the specific grantmaking activities and operational costs would provide a more complete picture of its spending efficiency and impact.