Quick charity verification for Steven & Bede Levenson Foundation Inc (EIN: 133251182)
Verdict: Steven & Bede Levenson Foundation Inc appears trustworthy
70/100Mission Score
$1.8MRevenue
$3.7MAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in recent years, leading to asset depletion (e.g., assets decreased from $3,047,744 in 2020 to $2,715,446 in 2023).
Lack of detailed NTEE code in provided data, limiting understanding of mission focus.
Strengths
Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
Minimal liabilities reported ($1 in recent years), suggesting sound financial management of debts.
Consistent asset base, despite drawdowns, indicating a stable foundation for operations.
Spending Breakdown
How Steven & Bede Levenson Foundation Inc 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 & Bede Levenson Foundation Inc
Is Steven & Bede Levenson Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Steven & Bede Levenson Foundation Inc (EIN: 133251182) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Steven & Bede Levenson Foundation Inc a good charity to donate to?
Steven & Bede Levenson Foundation Inc has a Mission Score of 70/100. Revenue: $1.8M. Assets: $3.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Steven & Bede Levenson Foundation Inc?
The Employer Identification Number (EIN) for Steven & Bede Levenson Foundation Inc is 133251182. 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 & Bede Levenson Foundation Inc spend its money?
Steven & Bede Levenson Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Steven & Bede Levenson Foundation Inc's tax-exempt status?
You can verify Steven & Bede Levenson Foundation Inc's tax-exempt status using EIN 133251182 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 & Bede Levenson Foundation Inc appears to be a private foundation, given its consistent revenue and expense patterns, and the absence of officer compensation. Its financial health shows a trend of expenses often exceeding revenue in recent years, such as in 2023 where expenses were $195,511 against revenues of $171,211, and in 2022 where expenses were $273,324 against revenues of $124,477. This suggests the foundation is drawing down on its assets, which have decreased from $3,702,871 (latest reported assets) to $2,715,446 in 2023. The organization consistently reports $0 in officer compensation across all available filings, indicating a volunteer-led or minimally compensated leadership structure, which is a positive sign for efficiency. However, without detailed expense breakdowns (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is limited. The consistent reporting of minimal liabilities ($1 in recent years) indicates good financial management in that regard. The lack of an NTEE code and detailed program information in the provided data limits the ability to fully assess its programmatic focus and transparency beyond financial figures.