Quick charity verification for Tammy And Jay Levine Foundation Inc (EIN: 204398295)
Verdict: Tammy And Jay Levine Foundation Inc appears trustworthy
90/100Mission Score
$4.0MRevenue
$13.6MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth, from $9.2M in 2011 to $13.6M currently.
No reported officer compensation across all filings, indicating high efficiency.
Expenses consistently lower than revenue in most periods, allowing for financial stability and growth.
Regular and transparent IRS 990 filing history (9 filings).
Spending Breakdown
How Tammy And Jay Levine 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 Tammy And Jay Levine Foundation Inc
Is Tammy And Jay Levine Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tammy And Jay Levine Foundation Inc (EIN: 204398295) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Tammy And Jay Levine Foundation Inc a good charity to donate to?
Tammy And Jay Levine Foundation Inc has a Mission Score of 90/100. Revenue: $4.0M. Assets: $13.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tammy And Jay Levine Foundation Inc?
The Employer Identification Number (EIN) for Tammy And Jay Levine Foundation Inc is 204398295. 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 Tammy And Jay Levine Foundation Inc spend its money?
Tammy And Jay Levine Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tammy And Jay Levine Foundation Inc's tax-exempt status?
You can verify Tammy And Jay Levine Foundation Inc's tax-exempt status using EIN 204398295 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 Tammy And Jay Levine Foundation Inc. demonstrates consistent financial health with growing assets, reaching $13,627,246 in its latest filing. The organization primarily functions as a grant-making foundation, as indicated by its NTEE code T20 and the absence of reported officer compensation across all available filings. This structure typically implies lower administrative overhead compared to direct service charities. The foundation's spending efficiency appears strong, with expenses generally well below revenue in most years, allowing for asset growth. For instance, in 2022, revenue was $1,518,162 against expenses of $868,519.
Transparency is generally good, as evidenced by the consistent filing of IRS Form 990s. The lack of reported officer compensation simplifies the analysis of executive pay, indicating that the foundation likely operates with volunteer leadership or outsources administrative functions without direct compensation to officers. However, without detailed program expense breakdowns within the 990s, it's challenging to precisely determine the percentage of funds directly flowing to beneficiaries versus general and administrative costs. Given its nature as a private foundation, its primary 'program' is grantmaking, which is inherently efficient in terms of direct delivery costs.
Overall, the foundation appears to be a well-managed entity focused on its philanthropic mission, characterized by healthy asset growth and a clear financial reporting history. The absence of officer compensation is a notable positive for spending efficiency, suggesting that a high proportion of funds are available for charitable distributions or investment to support future giving.