Quick charity verification for The Frederick Loewe Foundation Inc (EIN: 136111444)
Verdict: The Frederick Loewe Foundation Inc appears trustworthy
90/100Mission Score
$4.5MRevenue
$15.3MAssets
1Red Flags
5Strengths
Red Flags
NTEE Code is unknown, limiting specific programmatic classification.
Strengths
Consistent asset growth, from $7.7M in 2012 to $14.3M in 2023.
Healthy financial surpluses reported annually (e.g., $592,110 surplus in 2023).
No reported officer compensation across all filings, indicating high efficiency.
Minimal liabilities reported across multiple years (e.g., $1 in 2023 and 2022).
Regular and consistent IRS 990 filing history (11 filings).
Spending Breakdown
How The Frederick Loewe Foundation Inc 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 Frederick Loewe Foundation Inc
Is The Frederick Loewe Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Frederick Loewe Foundation Inc (EIN: 136111444) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is The Frederick Loewe Foundation Inc a good charity to donate to?
The Frederick Loewe Foundation Inc has a Mission Score of 90/100. Revenue: $4.5M. Assets: $15.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Frederick Loewe Foundation Inc?
The Employer Identification Number (EIN) for The Frederick Loewe Foundation Inc is 136111444. 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 Frederick Loewe Foundation Inc spend its money?
The Frederick Loewe Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Frederick Loewe Foundation Inc's tax-exempt status?
You can verify The Frederick Loewe Foundation Inc's tax-exempt status using EIN 136111444 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 Frederick Loewe Foundation Inc demonstrates consistent financial health with growing assets and revenues over the past decade. In 2023, the organization reported revenues of $1,968,123 against expenses of $1,376,013, indicating a healthy surplus. Its assets have steadily increased from $7,788,018 in 2012 to $14,309,974 in 2023, showcasing strong financial management and asset growth. The foundation's spending efficiency appears robust, as evidenced by its consistent surpluses and the absence of reported officer compensation, suggesting that resources are primarily directed towards its mission rather than executive salaries. The lack of reported liabilities across multiple years (e.g., $1 in 2023 and 2022) also points to sound financial practices and minimal debt burden.
While specific program spending percentages are not detailed in the provided data, the consistent surpluses and asset growth imply effective resource allocation. The organization's transparency is generally good, with regular IRS 990 filings available. The absence of officer compensation is a significant positive indicator of its commitment to directing funds to its charitable purpose. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency across these areas is limited. The overall trend suggests a well-managed and financially stable foundation.