Is Ted And Fran Friedman Charitable Foundation Inc Legit?
Quick charity verification for Ted And Fran Friedman Charitable Foundation Inc (EIN: 200127663)
Verdict: Ted And Fran Friedman Charitable Foundation Inc appears trustworthy
75/100Mission Score
$84KRevenue
$11KAssets
2Red Flags
3Strengths
Red Flags
Highly fluctuating revenue and asset base, making long-term planning and consistent impact challenging (e.g., assets from $45,945 in 2020 to $498 in 2022).
Limited public information on specific program activities and impact, common for small private foundations.
Strengths
Zero officer compensation, indicating high efficiency in leadership costs.
Consistent IRS 990 filing history, demonstrating regulatory compliance and transparency.
How Ted And Fran Friedman Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Ted And Fran Friedman Charitable Foundation Inc
Is Ted And Fran Friedman Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ted And Fran Friedman Charitable Foundation Inc (EIN: 200127663) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Ted And Fran Friedman Charitable Foundation Inc a good charity to donate to?
Ted And Fran Friedman Charitable Foundation Inc has a Mission Score of 75/100. Revenue: $84K. Assets: $11K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ted And Fran Friedman Charitable Foundation Inc?
The Employer Identification Number (EIN) for Ted And Fran Friedman Charitable Foundation Inc is 200127663. 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 Ted And Fran Friedman Charitable Foundation Inc spend its money?
Ted And Fran Friedman Charitable Foundation Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ted And Fran Friedman Charitable Foundation Inc's tax-exempt status?
You can verify Ted And Fran Friedman Charitable Foundation Inc's tax-exempt status using EIN 200127663 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 Ted And Fran Friedman Charitable Foundation Inc. operates as a small private foundation, as indicated by its NTEE code T22. Its financial health shows significant fluctuations in revenue and assets over the past decade. For instance, in 2023, revenue was $72,265, while assets were $10,526, a notable decrease from 2020's assets of $45,945. The organization consistently reports minimal liabilities, typically $1, which is a positive indicator of financial stability in that regard. However, the low asset base relative to some years' revenues suggests a pass-through model where funds are disbursed relatively quickly.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a strong positive for efficiency, indicating that executive leadership is not drawing a salary from the organization. This suggests a high proportion of funds, after administrative overhead, would likely go towards programmatic activities. The foundation's small scale means administrative costs, even if a small percentage, could still represent a significant portion of its limited budget.
Transparency appears to be adequate given the consistent filing of IRS Form 990s. The absence of officer compensation is a transparent practice that benefits the organization's public perception. However, without more granular expense data, a deeper analysis of how funds are allocated between programs and overhead remains challenging. The foundation's consistent, albeit fluctuating, revenue and expense reporting over a decade demonstrates a commitment to regulatory compliance.