Quick charity verification for Storper Fam Foundation (EIN: 116502064)
Verdict: Storper Fam Foundation shows mixed signals
65/100Mission Score
$46KRevenue
$179KAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending, with expenses exceeding revenue in multiple recent years (e.g., 2023, 2022, 2020).
Gradual decline in total assets over the past decade, from $247,021 in 2015 to $186,643 in 2023.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
Consistent filing of IRS Form 990s, demonstrating transparency.
Very low liabilities reported, indicating sound debt management.
Spending Breakdown
How Storper Fam Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Storper Fam Foundation
Is Storper Fam Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Storper Fam Foundation (EIN: 116502064) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Storper Fam Foundation a good charity to donate to?
Storper Fam Foundation has a Mission Score of 65/100. Revenue: $46K. Assets: $179K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Storper Fam Foundation?
The Employer Identification Number (EIN) for Storper Fam Foundation is 116502064. 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 Storper Fam Foundation spend its money?
Storper Fam Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Storper Fam Foundation's tax-exempt status?
You can verify Storper Fam Foundation's tax-exempt status using EIN 116502064 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 Storper Fam Foundation operates as a small private foundation with fluctuating revenue and expenses over the past decade. While the organization consistently reports zero officer compensation, indicating good stewardship in that area, its financial health shows some instability. In 2023, expenses ($49,390) exceeded revenue ($43,990), leading to a net loss, a trend also observed in 2022 and 2020. This consistent deficit spending, without significant revenue growth to offset it, has led to a gradual decline in assets from a high of $247,021 in 2015 to $186,643 in 2023.
The foundation's transparency is generally good, as it consistently files its IRS Form 990s. However, without detailed breakdowns of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent reporting of minimal liabilities ($0-$1) suggests sound financial management regarding debt. The primary concern remains the long-term sustainability given the pattern of expenses often outpacing revenue, which could deplete its asset base over time if not addressed.