Quick charity verification for The Schechter Foundation (EIN: 133157311)
Verdict: The Schechter Foundation shows mixed signals
40/100Mission Score
$81KRevenue
$228KAssets
4Red Flags
2Strengths
Red Flags
Consistent and significant expense overruns compared to revenue, e.g., $10,655 expenses vs. $359 revenue in 2023.
Negative revenue reported in some periods (e.g., $-859 in 2022, $-6,543 in 2019).
Significant decline in assets over time, from $423,065 in 2011 to $212,690 in 2023, indicating unsustainable spending.
Lack of NTEE code makes it difficult to understand the organization's mission and compare its financial performance to peers.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
Low liabilities consistently reported ($0-$1), suggesting good debt management.
Spending Breakdown
How The Schechter Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Schechter Foundation
Is The Schechter Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Schechter Foundation (EIN: 133157311) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
Is The Schechter Foundation a good charity to donate to?
The Schechter Foundation has a Mission Score of 40/100. Revenue: $81K. Assets: $228K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Schechter Foundation?
The Employer Identification Number (EIN) for The Schechter Foundation is 133157311. 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 Schechter Foundation spend its money?
The Schechter Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Schechter Foundation's tax-exempt status?
You can verify The Schechter Foundation's tax-exempt status using EIN 133157311 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 Schechter Foundation exhibits a concerning financial trend with inconsistent revenue generation and significant expense overruns in multiple periods. For instance, in 2023, the organization reported only $359 in revenue against $10,655 in expenses, and in 2022, revenue was negative at $-859 while expenses were $3,348. This pattern of spending far exceeding income suggests potential reliance on existing assets or unsustainable financial practices. While the organization consistently reports zero officer compensation, which is a positive for donor confidence in executive spending, the overall financial health appears precarious given the recurring deficits. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the top-line figures, and the 'Unknown' NTEE code hinders understanding of its specific programmatic focus.