Quick charity verification for The Abbie Friedman Fam Foundation (EIN: 206779618)
Verdict: The Abbie Friedman Fam Foundation appears trustworthy
85/100Mission Score
$145KRevenue
$30KAssets
1Red Flags
4Strengths
Red Flags
Significant decline in assets over time (from $517,200 in 2011 to $41,786 in 2023), which could indicate a lack of long-term financial reserves or a shift in financial strategy.
Strengths
Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
High program spending ratio, with expenses consistently close to revenue (e.g., 2023 expenses $80,588 vs. revenue $87,446).
Consistent IRS 990 filing history over a decade, demonstrating transparency and compliance.
Very low liabilities across all reported periods, indicating sound financial management and minimal debt.
Spending Breakdown
How The Abbie Friedman Fam Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 The Abbie Friedman Fam Foundation
Is The Abbie Friedman Fam Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Abbie Friedman Fam Foundation (EIN: 206779618) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is The Abbie Friedman Fam Foundation a good charity to donate to?
The Abbie Friedman Fam Foundation has a Mission Score of 85/100. Revenue: $145K. Assets: $30K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Abbie Friedman Fam Foundation?
The Employer Identification Number (EIN) for The Abbie Friedman Fam Foundation is 206779618. 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 The Abbie Friedman Fam Foundation spend its money?
The Abbie Friedman Fam Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Abbie Friedman Fam Foundation's tax-exempt status?
You can verify The Abbie Friedman Fam Foundation's tax-exempt status using EIN 206779618 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 Abbie Friedman Fam Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. In 2023, the organization spent $80,588 against revenues of $87,446, indicating a high proportion of funds directed towards its activities. Over the past several years, the foundation has maintained a lean operational structure with no reported officer compensation, which is a strong indicator of financial efficiency and a focus on direct program delivery. However, the organization's assets have fluctuated significantly, from a high of $517,200 in 2011 to $41,786 in 2023, suggesting a reliance on annual fundraising rather than substantial endowment building.
The foundation's financial health appears stable given its revenue and expense patterns, though its asset base is relatively small compared to its historical figures. The consistent filing of IRS Form 990s over a decade reflects a commitment to transparency. While specific details on program outcomes are not available from the provided financial data, the absence of officer compensation and the consistent expenditure levels relative to revenue suggest that the organization is effectively utilizing its resources for its stated purpose. The low liabilities across all reported periods also point to sound financial management.