Quick charity verification for The Ruth And Robert L Newman Foundation (EIN: 132961121)
Verdict: The Ruth And Robert L Newman Foundation appears trustworthy
85/100Mission Score
$87KRevenue
$570KAssets
1Red Flags
4Strengths
Red Flags
NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to understand the organization's specific charitable focus without reviewing the full 990.
Strengths
Strong Program Spending: With 0% officer compensation and low overall expenses relative to revenue in most periods, a high percentage of funds are likely directed towards its charitable purpose.
Consistent Financial Filings: A history of 9 IRS 990 filings demonstrates good transparency and adherence to regulatory requirements.
Stable Asset Base: Assets have consistently been over $250,000 and recently exceeded $500,000, indicating financial stability and capacity for long-term operations.
No Officer Compensation: The absence of officer compensation across all reported periods suggests a highly efficient operation with minimal administrative overhead related to salaries.
Spending Breakdown
How The Ruth And Robert L Newman Foundation 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 Ruth And Robert L Newman Foundation
Is The Ruth And Robert L Newman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Ruth And Robert L Newman Foundation (EIN: 132961121) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is The Ruth And Robert L Newman Foundation a good charity to donate to?
The Ruth And Robert L Newman Foundation has a Mission Score of 85/100. Revenue: $87K. Assets: $570K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Ruth And Robert L Newman Foundation?
The Employer Identification Number (EIN) for The Ruth And Robert L Newman Foundation is 132961121. 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 Ruth And Robert L Newman Foundation spend its money?
The Ruth And Robert L Newman Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Ruth And Robert L Newman Foundation's tax-exempt status?
You can verify The Ruth And Robert L Newman Foundation's tax-exempt status using EIN 132961121 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 Ruth And Robert L Newman Foundation appears to be a private foundation, given its consistent revenue streams and asset base, rather than a public charity actively soliciting donations. Its financial health is stable, with assets consistently exceeding half a million dollars in recent years, reaching $569,769 in the latest period. The foundation demonstrates strong spending efficiency, particularly in the 202312 period where expenses were $27,605 against revenue of $61,093, indicating a significant portion of income is retained or used for its charitable purpose. Over the past few years, expenses have generally been low relative to revenue, with notable exceptions in earlier years (e.g., 201312 and 201112) where expenses exceeded revenue. The foundation's transparency is good, as evidenced by its consistent filing of IRS Form 990s over many years, providing a clear historical financial record. The absence of officer compensation further suggests a focus on its mission rather than administrative overhead related to salaries.