Quick charity verification for Select Equity Group Foundation (EIN: 137221529)
Verdict: Select Equity Group Foundation appears trustworthy
85/100Mission Score
$454KRevenue
$50.1MAssets
1Red Flags
3Strengths
Red Flags
Negative revenue reported in 2023 (-$463,581) while expenses were over $6 million, indicating a significant operational deficit for the year.
Strengths
Consistently reports 0% officer compensation across all filings, demonstrating strong financial stewardship and dedication to mission.
Significant and consistent growth in assets, from $2,952,220 in 2011 to $53,281,525 in 2023, indicating effective asset management.
Substantial asset base provides long-term financial stability and capacity for grant-making, even during periods of negative revenue.
Spending Breakdown
How Select Equity Group Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Select Equity Group Foundation
Is Select Equity Group Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Select Equity Group Foundation (EIN: 137221529) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Select Equity Group Foundation a good charity to donate to?
Select Equity Group Foundation has a Mission Score of 85/100. Revenue: $454K. Assets: $50.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Select Equity Group Foundation?
The Employer Identification Number (EIN) for Select Equity Group Foundation is 137221529. 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 Select Equity Group Foundation spend its money?
Select Equity Group Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Select Equity Group Foundation's tax-exempt status?
You can verify Select Equity Group Foundation's tax-exempt status using EIN 137221529 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 Select Equity Group Foundation exhibits a unique financial profile, characterized by significant fluctuations in revenue and a substantial asset base. In 2023, the foundation reported negative revenue of $-463,581, alongside expenses of $6,060,015, indicating a year where outflows significantly exceeded inflows. Despite this, its assets remain robust at $53,281,525, suggesting a strong endowment or investment strategy that can absorb such operational deficits. The foundation consistently reports 0% officer compensation, which is a positive indicator of financial efficiency and dedication to its mission, as resources are not being diverted to executive salaries.
The foundation's spending efficiency, while not explicitly detailed by program, administrative, and fundraising categories in the provided data, can be inferred from its consistent expense levels relative to its asset base. Given the nature of a grant-making foundation (NTEE Code T21), a significant portion of its expenses would typically be in program grants. The substantial asset growth from $2,952,220 in 2011 to $53,281,525 in 2023, despite periods of negative revenue, points to effective asset management. The consistent reporting of 0% officer compensation across all available filings enhances its transparency and suggests a focus on deploying funds towards its charitable purpose rather than internal remuneration.