Is The Leila And Mickey Straus Fam Charitable Tr Legit?
Quick charity verification for The Leila And Mickey Straus Fam Charitable Tr (EIN: 136881724)
Verdict: The Leila And Mickey Straus Fam Charitable Tr appears trustworthy
85/100Mission Score
$8.5MRevenue
$1.1MAssets
2Red Flags
3Strengths
Red Flags
Consistent negative net income in recent years (e.g., 2023: -$3,053,898; 2022: -$657,756)
Significant decline in total assets over the past decade (from $14.9M in 2015 to $4.2M in 2023)
Strengths
Zero officer compensation reported across all filings, indicating high efficiency in executive pay
Low liabilities reported consistently ($0 or $1 across all filings)
Long filing history (10 filings) demonstrating consistent reporting
Spending Breakdown
How The Leila And Mickey Straus Fam Charitable Tr allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Leila And Mickey Straus Fam Charitable Tr
Is The Leila And Mickey Straus Fam Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, The Leila And Mickey Straus Fam Charitable Tr (EIN: 136881724) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is The Leila And Mickey Straus Fam Charitable Tr a good charity to donate to?
The Leila And Mickey Straus Fam Charitable Tr has a Mission Score of 85/100. Revenue: $8.5M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Leila And Mickey Straus Fam Charitable Tr?
The Employer Identification Number (EIN) for The Leila And Mickey Straus Fam Charitable Tr is 136881724. 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 Leila And Mickey Straus Fam Charitable Tr spend its money?
The Leila And Mickey Straus Fam Charitable Tr allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Leila And Mickey Straus Fam Charitable Tr's tax-exempt status?
You can verify The Leila And Mickey Straus Fam Charitable Tr's tax-exempt status using EIN 136881724 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 Leila And Mickey Straus Fam Charitable Tr exhibits fluctuating financial activity over the past decade. While the organization reported significant revenue in some years, such as $13,467,411 in 2014 and $8,151,260 in 2013, it has also experienced periods where expenses substantially exceeded revenue, notably in 2023 ($389,446 revenue vs. $3,443,344 expenses) and 2022 ($2,850,806 revenue vs. $3,508,562 expenses). This pattern suggests a reliance on existing assets or prior year contributions to cover operational costs. The consistent reporting of $0 in officer compensation across all available filings indicates a high degree of financial transparency regarding executive pay, which is a positive sign for donors. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency is challenging. The organization's assets have also seen a significant decline from a peak of $14,925,013 in 2015 to $4,261,391 in 2023, indicating substantial distributions or losses over time.