Quick charity verification for Steven And Janet Shafran Foundation (EIN: 133954349)
Verdict: Steven And Janet Shafran Foundation appears trustworthy
90/100Mission Score
$2.0MRevenue
$1.1MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency.
Regular filing of IRS Form 990s, demonstrating transparency.
Healthy surplus in the most recent filing period (202406), with revenue of $291,520 exceeding expenses of $145,580.
Stable asset base for a private foundation, suggesting effective management of funds for grant distribution.
Spending Breakdown
How Steven And Janet Shafran 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 Steven And Janet Shafran Foundation
Is Steven And Janet Shafran Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Steven And Janet Shafran Foundation (EIN: 133954349) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Steven And Janet Shafran Foundation a good charity to donate to?
Steven And Janet Shafran Foundation has a Mission Score of 90/100. Revenue: $2.0M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Steven And Janet Shafran Foundation?
The Employer Identification Number (EIN) for Steven And Janet Shafran Foundation is 133954349. 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 Janet Shafran Foundation spend its money?
Steven And Janet Shafran Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Steven And Janet Shafran Foundation's tax-exempt status?
You can verify Steven And Janet Shafran Foundation's tax-exempt status using EIN 133954349 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 Janet Shafran Foundation demonstrates consistent financial activity, primarily functioning as a grant-making organization given its NTEE code T20Z (Private Grantmaking Foundations). Over its filing history, the foundation has shown fluctuating revenues and expenses, with the latest reported revenue at $291,520 and expenses at $145,580 for the period ending 202406. This indicates a healthy surplus for the most recent period. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of efficient use of funds and a volunteer-driven or minimally compensated leadership structure. Its assets have generally remained modest, with the latest at $95,271, suggesting a focus on distributing funds rather than accumulating large endowments.
The foundation's financial health appears stable, with expenses generally well-managed relative to incoming revenue in most periods. For instance, in 202406, expenses were approximately half of the revenue, allowing for growth or increased program distributions. The absence of officer compensation significantly reduces administrative overhead, allowing a greater proportion of funds to be directed towards its charitable purpose. The consistent filing of IRS Form 990s over a decade also points to a commitment to transparency.
Overall, the Steven And Janet Shafran Foundation appears to be a financially sound and efficiently run private foundation. Its consistent lack of executive compensation and regular filing of financial data contribute positively to its transparency and operational efficiency, suggesting that a high percentage of its expenditures are likely directed towards its programmatic goals, which for a private foundation, would be grants to other organizations.