Is Terumah Foundation Inc Legit?

Quick charity verification for Terumah Foundation Inc (EIN: 133694180)

Verdict: Terumah Foundation Inc appears trustworthy

75/100Mission Score

$6.0MRevenue

$71.8MAssets

3Red Flags

4Strengths

Red Flags

Inconsistent revenue streams with significant year-to-year fluctuations, including negative revenue in 2015.
Expenses exceeding revenue in the two most recent filing periods (2022 and 2023), indicating deficit spending.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full spending efficiency analysis.

Strengths

Consistently low liabilities, often reported as $0 or $1, indicating strong financial management and minimal debt.
Substantial and growing asset base, increasing from $24.6M in 2011 to $71.7M currently, providing financial stability.
0% reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Long filing history (10 filings), indicating consistent compliance with IRS reporting requirements.

Spending Breakdown

How Terumah Foundation Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Terumah Foundation Inc

Is Terumah Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Terumah Foundation Inc (EIN: 133694180) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Terumah Foundation Inc a good charity to donate to?

Terumah Foundation Inc has a Mission Score of 75/100. Revenue: $6.0M. Assets: $71.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Terumah Foundation Inc?

The Employer Identification Number (EIN) for Terumah Foundation Inc is 133694180. 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 Terumah Foundation Inc spend its money?

Terumah Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Terumah Foundation Inc's tax-exempt status?

You can verify Terumah Foundation Inc's tax-exempt status using EIN 133694180 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 Terumah Foundation Inc. exhibits a fluctuating financial profile, with revenues varying significantly year-over-year, from a negative revenue of $-1,786,226 in 2015 to a high of $17,659,865 in 2013. Despite these fluctuations, the organization consistently maintains substantial assets, growing from $24,686,241 in 2011 to $71,793,470 currently, indicating a strong financial base. The organization's liabilities have remained remarkably low, often reported as $1 or $0, suggesting excellent financial management regarding debt.

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 organization consistently spends less than its revenue in most years, contributing to asset growth. For instance, in 2021, revenue was $7,231,129 against expenses of $3,266,371. In contrast, recent years (2022 and 2023) show expenses exceeding revenue, with expenses of $2,503,717 against revenue of $1,846,461 in 2022, and expenses of $4,467,267 against revenue of $1,791,793 in 2023, indicating a period of drawing down on assets or reserves.

Transparency regarding executive compensation is high, as the organization consistently reports 0% officer compensation across all available filings. This suggests that leadership may be unpaid or compensated through other means not categorized as officer compensation, or that the organization operates with a volunteer leadership structure. The lack of detailed expense breakdowns beyond total expenses, however, limits a comprehensive assessment of how funds are allocated across different functions.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.