Quick charity verification for Spector Family Foundation (EIN: 203926141)
Verdict: Spector Family Foundation appears trustworthy
90/100Mission Score
$13.0MRevenue
$32.2MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program vs. administrative expense breakdown in provided data
Strengths
Consistent asset growth, from $16.1M in 2011 to $32.2M currently
Zero officer compensation reported across all filings
Extremely low liabilities, often $0 or $1
Revenue generally exceeds expenses, contributing to asset building
Strong financial stability and conservative management
Spending Breakdown
How Spector 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 Spector Family Foundation
Is Spector Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Spector Family Foundation (EIN: 203926141) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Spector Family Foundation a good charity to donate to?
Spector Family Foundation has a Mission Score of 90/100. Revenue: $13.0M. Assets: $32.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Spector Family Foundation?
The Employer Identification Number (EIN) for Spector Family Foundation is 203926141. 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 Spector Family Foundation spend its money?
Spector Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Spector Family Foundation's tax-exempt status?
You can verify Spector Family Foundation's tax-exempt status using EIN 203926141 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 Spector Family Foundation demonstrates consistent financial stability, with assets growing from $16.1 million in 2011 to over $32.2 million currently. The organization consistently maintains minimal liabilities, often reporting just $1 or $0, indicating a very healthy balance sheet. Revenue has fluctuated, with a notable peak of $13,003,092 in the latest period, significantly higher than previous years, suggesting a substantial recent contribution or investment gain.
The foundation's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This indicates that the foundation is likely managed by unpaid volunteers or through administrative services covered by other means, which can maximize the proportion of funds available for programmatic activities. With expenses generally well below revenue in most periods, the foundation is effectively building its endowment while still making grants.
Transparency is generally good through its consistent IRS 990 filings. The absence of officer compensation is a positive indicator for donors concerned about executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency ratios is challenging. The overall financial picture suggests a well-managed and fiscally conservative organization focused on long-term asset growth to support its mission.