Is The Feinstein Institute For Medical Research Legit?
Quick charity verification for The Feinstein Institute For Medical Research (EIN: 112673595)
Verdict: The Feinstein Institute For Medical Research appears trustworthy
85/100Mission Score
$203.7MRevenue
$229.3MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may obscure executive pay details.
Strengths
Consistent revenue growth over the past decade, from $89.5M in 2014 to $152.7M in 2023.
Healthy asset accumulation, with assets growing from $137.1M in 2014 to $222.8M in 2023.
Generally operates with a surplus, indicating sound financial management (e.g., 2023 revenue $152.7M vs. expenses $150.8M).
Strong financial stability with increasing net assets year over year.
Spending Breakdown
How The Feinstein Institute For Medical Research allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Feinstein Institute For Medical Research
Is The Feinstein Institute For Medical Research a legitimate charity?
Based on AI analysis of IRS 990 filings, The Feinstein Institute For Medical Research (EIN: 112673595) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is The Feinstein Institute For Medical Research a good charity to donate to?
The Feinstein Institute For Medical Research has a Mission Score of 85/100. Revenue: $203.7M. Assets: $229.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Feinstein Institute For Medical Research?
The Employer Identification Number (EIN) for The Feinstein Institute For Medical Research is 112673595. 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 Feinstein Institute For Medical Research spend its money?
The Feinstein Institute For Medical Research allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Feinstein Institute For Medical Research's tax-exempt status?
You can verify The Feinstein Institute For Medical Research's tax-exempt status using EIN 112673595 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 Feinstein Institute For Medical Research demonstrates consistent financial growth and a strong commitment to its mission, as evidenced by its increasing revenue and asset base over the past decade. For instance, revenue grew from $89,540,903 in 2014 to $152,772,247 in 2023, and assets increased from $137,117,440 to $222,810,628 in the same period. The organization generally operates with a healthy surplus, with expenses typically slightly below or in line with revenue, indicating sound financial management. For example, in 2023, revenue was $152,772,247 against expenses of $150,884,033, resulting in a surplus. The consistent reporting of 0% officer compensation across all available filings suggests that executive compensation is either not reported in this section or is handled differently, which could be a point for further inquiry regarding transparency in executive pay, though it doesn't necessarily indicate an issue.