Is The Charles And Dolores Zaionc Family Foundation Inc Legit?
Quick charity verification for The Charles And Dolores Zaionc Family Foundation Inc (EIN: 203995538)
Verdict: The Charles And Dolores Zaionc Family Foundation Inc appears trustworthy
90/100Mission Score
$1.6MRevenue
$2.2MAssets
1Red Flags
4Strengths
Red Flags
Volatile annual revenue, including negative revenue in 2022 ($-58,822), which could impact short-term grant-making capacity if not offset by investment gains or prior year surpluses.
Strong and growing asset base, reaching over $2 million in recent years, providing long-term financial stability.
Consistent IRS 990 filing history, demonstrating good transparency and compliance.
Very low liabilities ($1 across all filings), indicating sound financial management and minimal debt.
Spending Breakdown
How The Charles And Dolores Zaionc Family Foundation Inc 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 Charles And Dolores Zaionc Family Foundation Inc
Is The Charles And Dolores Zaionc Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Charles And Dolores Zaionc Family Foundation Inc (EIN: 203995538) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is The Charles And Dolores Zaionc Family Foundation Inc a good charity to donate to?
The Charles And Dolores Zaionc Family Foundation Inc has a Mission Score of 90/100. Revenue: $1.6M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Charles And Dolores Zaionc Family Foundation Inc?
The Employer Identification Number (EIN) for The Charles And Dolores Zaionc Family Foundation Inc is 203995538. 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 Charles And Dolores Zaionc Family Foundation Inc spend its money?
The Charles And Dolores Zaionc Family Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Charles And Dolores Zaionc Family Foundation Inc's tax-exempt status?
You can verify The Charles And Dolores Zaionc Family Foundation Inc's tax-exempt status using EIN 203995538 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 Charles And Dolores Zaionc Family Foundation Inc appears to be a private foundation, as indicated by its NTEE code T22 and consistent low liabilities. Its financial health shows some volatility in revenue, with the latest reported revenue at $100,368 in 2023, following a negative revenue of $-58,822 in 2022. Despite these fluctuations, the organization maintains a healthy asset base, with $2,045,117 in assets as of 2023, significantly higher than its earlier years. The foundation consistently reports zero officer compensation, which is a strong indicator of efficient use of funds and a commitment to its mission, as administrative costs are likely minimized.
Given the nature of a private foundation, its primary function is typically grant-making. The absence of officer compensation suggests that administrative overhead is very low, likely handled by volunteers or through minimal contracted services. This structure generally leads to a high percentage of expenses directly supporting programmatic activities (grants). The foundation's transparency is good, with a consistent filing history and readily available financial data through its IRS 990 forms.
Overall, the foundation demonstrates sound financial management for a private grant-making entity, with a strong asset base relative to its annual expenses and a clear commitment to minimizing administrative costs. The negative revenue in 2022 is a point to note but does not appear to have significantly impacted its long-term financial stability or ability to operate, given the substantial assets.