Quick charity verification for Sidney E Frank Charitable Foundation (EIN: 206383779)
Verdict: Sidney E Frank Charitable Foundation appears trustworthy
90/100Mission Score
$154.7MRevenue
$324.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently zero executive compensation, indicating high efficiency and dedication to mission.
Substantial and stable asset base, consistently over $300 million, ensuring long-term sustainability.
Minimal to zero liabilities, demonstrating excellent financial health and no debt burden.
Consistent grantmaking activity, even in years with lower revenue, supported by its endowment.
Strong financial transparency through publicly available 990 filings.
Spending Breakdown
How Sidney E Frank Charitable Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Sidney E Frank Charitable Foundation
Is Sidney E Frank Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sidney E Frank Charitable Foundation (EIN: 206383779) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Sidney E Frank Charitable Foundation a good charity to donate to?
Sidney E Frank Charitable Foundation has a Mission Score of 90/100. Revenue: $154.7M. Assets: $324.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sidney E Frank Charitable Foundation?
The Employer Identification Number (EIN) for Sidney E Frank Charitable Foundation is 206383779. 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 Sidney E Frank Charitable Foundation spend its money?
Sidney E Frank Charitable Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sidney E Frank Charitable Foundation's tax-exempt status?
You can verify Sidney E Frank Charitable Foundation's tax-exempt status using EIN 206383779 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 Sidney E Frank Charitable Foundation demonstrates strong financial health with substantial assets, consistently over $300 million in recent years, reaching $324,843,718 in the latest filing. As a private foundation, its primary function is grantmaking, which is reflected in its expense patterns. The foundation consistently reports zero officer compensation, indicating a lean administrative structure at the executive level and a commitment to directing funds towards its charitable purpose. While revenue fluctuates, as is common for foundations relying on investment returns, the foundation maintains a robust asset base to support its grantmaking activities. Its liabilities are consistently reported as minimal ($1 or $0), indicating excellent financial stability and no significant debt burden.
The foundation's spending efficiency appears high given the zero executive compensation. However, without a detailed breakdown of program vs. administrative vs. fundraising expenses within the provided data, a precise assessment of spending efficiency is challenging. As a private foundation, fundraising expenses are typically minimal or non-existent, as they are funded by an endowment. The consistent grantmaking activity, even in years where expenses exceed revenue (e.g., 202312 with $25,769,115 in expenses against $9,449,031 in revenue), suggests a commitment to its mission, drawing from its substantial asset base. The foundation's transparency is good in terms of publicly available 990 filings, which consistently show key financial metrics and zero executive compensation.