Is Steven And Beverly Rubenstein Charitable Foundation Inc Legit?
Quick charity verification for Steven And Beverly Rubenstein Charitable Foundation Inc (EIN: 200223308)
Verdict: Steven And Beverly Rubenstein Charitable Foundation Inc appears trustworthy
90/100Mission Score
$6.4MRevenue
$26.3MAssets
1Red Flags
5Strengths
Red Flags
Significant revenue volatility, including negative revenue in some years (e.g., -$1,015,681 in 2020), which could indicate reliance on unpredictable investment returns.
Strengths
Zero officer compensation reported across all filings, indicating high efficiency and dedication.
Consistently high program spending ratio (estimated 95%), demonstrating strong mission focus.
Substantial and stable asset base (latest $26,272,652) providing long-term financial security.
No reported liabilities across all filing periods, indicating a very strong financial position.
How Steven And Beverly Rubenstein Charitable Foundation Inc 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 Steven And Beverly Rubenstein Charitable Foundation Inc
Is Steven And Beverly Rubenstein Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Steven And Beverly Rubenstein Charitable Foundation Inc (EIN: 200223308) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Steven And Beverly Rubenstein Charitable Foundation Inc a good charity to donate to?
Steven And Beverly Rubenstein Charitable Foundation Inc has a Mission Score of 90/100. Revenue: $6.4M. Assets: $26.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Steven And Beverly Rubenstein Charitable Foundation Inc?
The Employer Identification Number (EIN) for Steven And Beverly Rubenstein Charitable Foundation Inc is 200223308. 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 Steven And Beverly Rubenstein Charitable Foundation Inc spend its money?
Steven And Beverly Rubenstein Charitable Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Steven And Beverly Rubenstein Charitable Foundation Inc's tax-exempt status?
You can verify Steven And Beverly Rubenstein Charitable Foundation Inc's tax-exempt status using EIN 200223308 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 Steven And Beverly Rubenstein Charitable Foundation Inc demonstrates a consistent commitment to its programmatic mission, as evidenced by its high program spending ratio. Over the past several years, the foundation has maintained a strong asset base, with assets consistently above $21 million, reaching $26,272,652 in the latest filing. While revenue has fluctuated, including negative revenue in 2020 and 2011, the foundation has consistently disbursed funds for its charitable purposes, with expenses ranging from $1.6 million to $2.1 million annually. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, and the absence of officer compensation indicates a volunteer-driven or externally managed operational model, which can be a positive sign for donor confidence.
The foundation's financial health appears stable, supported by its substantial assets. The fluctuations in revenue, particularly the negative figures, suggest that the foundation's income may be heavily reliant on investment performance or specific large contributions, rather than consistent operational fundraising. However, its ability to maintain consistent expense levels despite these revenue variations indicates a well-managed endowment or strategic financial planning. The lack of liabilities across all reported periods further strengthens its financial position, indicating a debt-free operation. Overall, the foundation appears to be a financially sound entity focused on its charitable distributions.