Is The Levene Family Foundation Legit? —…

Quick charity verification for The Levene Family Foundation (EIN: 166283714)

Spending Breakdown

How The Levene Family Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Levene Family Foundation

Is The Levene Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Levene Family Foundation (EIN: 166283714) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is The Levene Family Foundation a good charity to donate to?

The Levene Family Foundation has a Mission Score of 75/100. Revenue: $3.2M. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Levene Family Foundation?

The Employer Identification Number (EIN) for The Levene Family Foundation is 166283714. 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 Levene Family Foundation spend its money?

The Levene Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Levene Family Foundation's tax-exempt status?

You can verify The Levene Family Foundation's tax-exempt status using EIN 166283714 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 Levene Family Foundation appears to be a small private foundation, as indicated by its consistent low revenue and expenses in recent years, often in the hundreds of dollars. Its assets have also remained relatively modest, peaking at $69,917 in 2011 and currently standing at $1,869,736, which is a significant increase from previous years. The organization consistently reports zero officer compensation, suggesting a volunteer-driven or very lean operational structure, which is a positive indicator for efficiency. However, the NTEE code is unknown, which can sometimes hinder a clear understanding of its specific programmatic focus.

The financial data shows a pattern of expenses often exceeding revenue in earlier periods (e.g., 2015-2011), which is not uncommon for foundations making grants. More recently, revenue and expenses have been extremely low, sometimes even negative revenue, which could indicate specific accounting practices for a private foundation or minimal activity. The significant jump in 'Latest Revenue' to $3,247,016 and 'Assets' to $1,869,736, compared to the historical filings, suggests a recent substantial contribution or change in financial activity not reflected in the detailed historical expense data provided. Without a breakdown of this recent large revenue and asset figure, it's difficult to fully assess its current financial health and spending efficiency.

Given the historical data, the foundation has maintained very low liabilities, often $0 or $1, indicating good financial management in terms of debt. The lack of officer compensation is a strong point for transparency and efficiency. However, the very low and sometimes negative revenue figures in recent detailed filings, contrasted with the high 'Latest Revenue' and 'Assets' figures, create a discrepancy that warrants further investigation to fully understand its current operational scale and financial strategy.

Is The Levene Family Foundation Legit?

Verdict: The Levene Family Foundation appears trustworthy

Red Flags

Strengths