Is The Barbara & Harold Gottesman Family Foundation Legit?
Quick charity verification for The Barbara & Harold Gottesman Family Foundation (EIN: 206714063)
Verdict: The Barbara & Harold Gottesman Family Foundation appears trustworthy
90/100Mission Score
$808KRevenue
$2.3MAssets
1Red Flags
4Strengths
Red Flags
Limited public transparency beyond required IRS filings due to private foundation status.
Strengths
Strong asset base, consistently over $2 million, supporting long-term grantmaking.
Zero officer compensation, indicating highly efficient administrative spending.
Minimal liabilities ($1 across all filings), demonstrating strong financial health.
Consistent disbursement of funds, often exceeding annual revenue, from its endowment.
Spending Breakdown
How The Barbara & Harold Gottesman 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 The Barbara & Harold Gottesman Family Foundation
Is The Barbara & Harold Gottesman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Barbara & Harold Gottesman Family Foundation (EIN: 206714063) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is The Barbara & Harold Gottesman Family Foundation a good charity to donate to?
The Barbara & Harold Gottesman Family Foundation has a Mission Score of 90/100. Revenue: $808K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Barbara & Harold Gottesman Family Foundation?
The Employer Identification Number (EIN) for The Barbara & Harold Gottesman Family Foundation is 206714063. 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 Barbara & Harold Gottesman Family Foundation spend its money?
The Barbara & Harold Gottesman Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Barbara & Harold Gottesman Family Foundation's tax-exempt status?
You can verify The Barbara & Harold Gottesman Family Foundation's tax-exempt status using EIN 206714063 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 Barbara & Harold Gottesman Family Foundation operates as a private foundation, which is evident from its consistent pattern of expenses significantly exceeding revenue in most years, indicating it primarily disburses funds from its endowment rather than relying on public donations. For example, in 2023, revenue was $100,348 while expenses were $415,531. The foundation maintains a healthy asset base, with assets consistently over $2 million in recent years, reaching $2,012,706 in 2023, which supports its grant-making activities. Its liabilities are consistently reported as minimal ($1), suggesting strong financial stability and no significant debt burden.
The organization demonstrates strong spending efficiency in terms of administrative overhead, as it reports 0% officer compensation across all available filings, implying a volunteer or very low-cost operational model. This allows a greater proportion of its expenditures to go towards its programmatic goals. However, as a private foundation, its transparency is primarily through its IRS 990 filings, which are publicly available. The NTEE code T22 indicates it is a private grantmaking foundation, aligning with its financial activities.
Overall, the foundation appears financially sound and efficient in its operations, consistently distributing funds in excess of annual revenue from its substantial asset base. Its minimal liabilities and lack of officer compensation are positive indicators of responsible financial management and a focus on its mission.