Quick charity verification for Swieca Family Foundation (EIN: 137437179)
Verdict: Swieca Family Foundation appears trustworthy
90/100Mission Score
$9.5MRevenue
$71.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation reported across all filings, indicating high efficiency and dedication of funds to mission.
Consistent growth in assets, from $30M in 2011 to $71M currently, demonstrating strong financial health.
Very low liabilities ($0 or $1) consistently reported, indicating excellent financial stability.
Expenses are consistently a small fraction of revenue and assets, suggesting efficient operations.
Strong program focus implied by the low administrative overhead and nature of a private foundation.
Spending Breakdown
How Swieca Family Foundation 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 Swieca Family Foundation
Is Swieca Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Swieca Family Foundation (EIN: 137437179) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Swieca Family Foundation a good charity to donate to?
Swieca Family Foundation has a Mission Score of 90/100. Revenue: $9.5M. Assets: $71.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Swieca Family Foundation?
The Employer Identification Number (EIN) for Swieca Family Foundation is 137437179. 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 Swieca Family Foundation spend its money?
Swieca Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Swieca Family Foundation's tax-exempt status?
You can verify Swieca Family Foundation's tax-exempt status using EIN 137437179 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 Swieca Family Foundation demonstrates strong financial health with consistently growing assets, reaching $71,004,873 in the latest period. The foundation's revenue has fluctuated, with a high of $17,329,326 in 2019 and $9,135,248 in 2023, indicating a reliance on investment income or large contributions. Spending efficiency appears robust, as expenses are consistently a fraction of revenue and assets. For instance, in 2023, expenses were $3,608,655 against $9,135,248 in revenue. The foundation reports zero officer compensation across all available filings, which is a significant indicator of low administrative overhead and a commitment to directing funds towards its mission. The consistent reporting of minimal liabilities ($1 or $0) further underscores financial stability and responsible management. As a private foundation, its primary function is grantmaking, and the low expense ratios suggest efficient operation in this regard.