Is The Steinhardt Foundation For Jewish Life Legit?

Quick charity verification for The Steinhardt Foundation For Jewish Life (EIN: 133731980)

Verdict: The Steinhardt Foundation For Jewish Life appears trustworthy

85/100Mission Score

$2.1MRevenue

$513KAssets

2Red Flags

3Strengths

Red Flags

Consistent operational deficits in recent years (2023 and 2022), with expenses exceeding revenue.
Significant fluctuation in liabilities, reaching $606,737 in 2023, which warrants further investigation into their nature.

Strengths

Consistent reporting of 0% officer compensation, indicating high transparency regarding executive pay.
Generally stable asset base over the decade, demonstrating financial resilience despite fluctuations.
Long filing history (10 filings), indicating consistent compliance and transparency with IRS reporting requirements.

Spending Breakdown

How The Steinhardt Foundation For Jewish Life allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Steinhardt Foundation For Jewish Life

Is The Steinhardt Foundation For Jewish Life a legitimate charity?

Based on AI analysis of IRS 990 filings, The Steinhardt Foundation For Jewish Life (EIN: 133731980) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is The Steinhardt Foundation For Jewish Life a good charity to donate to?

The Steinhardt Foundation For Jewish Life has a Mission Score of 85/100. Revenue: $2.1M. Assets: $513K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Steinhardt Foundation For Jewish Life?

The Employer Identification Number (EIN) for The Steinhardt Foundation For Jewish Life is 133731980. 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 Steinhardt Foundation For Jewish Life spend its money?

The Steinhardt Foundation For Jewish Life allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Steinhardt Foundation For Jewish Life's tax-exempt status?

You can verify The Steinhardt Foundation For Jewish Life's tax-exempt status using EIN 133731980 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 Steinhardt Foundation For Jewish Life demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, expenses of $1,921,091 slightly exceeded revenue of $1,527,058, indicating a deficit for that period. However, this is not a consistent trend, as some years show a surplus (e.g., 2021 with revenue of $1,788,869 against expenses of $1,779,950). The organization's assets have fluctuated, reaching a high of $1,160,796 in 2019 and standing at $758,266 in 2023, while liabilities have also varied, peaking at $678,633 in 2015 and at $606,737 in 2023. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, indicating that no compensation is directly paid to officers, which is a positive sign for donor confidence.

While the financial data shows a generally stable operational scale, the consistent reporting of zero officer compensation is a significant positive indicator of financial efficiency and transparency. However, without a detailed breakdown of program, administrative, and fundraising expenses within the provided data, a precise assessment of spending efficiency is challenging. The organization's ability to manage its finances with revenues and expenses often closely matched, alongside its fluctuating but generally stable asset base, suggests a cautious approach to financial management. The recent trend of expenses exceeding revenue in 2023 and 2022 warrants attention to ensure long-term sustainability.

Overall, the foundation appears to be a transparent organization, particularly concerning executive compensation. Its financial health, while showing some year-to-year fluctuations in net position, generally reflects an organization operating within its means. Further analysis of detailed expense categories would provide a more complete picture of its spending efficiency and program impact.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.